Is Targa Resources Corp. technically bullish or bearish?

Jun 25 2025 08:38 AM IST
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As of May 22, 2025, the market trend has shifted to mildly bearish, supported by bearish signals from the weekly MACD and KST indicators, despite some conflicting bullish signals from monthly Bollinger Bands and a mildly bullish stance from the weekly Dow Theory.
As of 22 May 2025, the technical trend has changed from mildly bullish to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both indicating bearish momentum. The daily moving averages also confirm a bearish outlook. While the monthly Bollinger Bands show a bullish signal, the overall trend is tempered by the weekly Dow Theory indicating a mildly bullish stance, which contrasts with the prevailing bearish indicators. The lack of signals from the RSI and OBV suggests indecision in the market.
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