Targa Resources Corp.

TRGP · Energy · · USD

273.35 USD

+0.00 (0.12%)

● Updated 2026-07-11 20:13 Saudi Time ↻ Refresh

Short-term Mid-term Long-term

Fahodi Score STRONG BUY Mid-term (Position)

/ 100

Technical 100

Trend & RS 96

Momentum 79

Fundamental 59

Macro 75

Liquidity 45

Component	Score	Weight
Technical	100.0	20%
Trend & RS	96.4	30%
Momentum	79.4	15%
Fundamental	59.3	10%
Macro	74.8	20%
Liquidity	44.6	5%

Trade Setup

Entry	273.35
Stop Loss	258.55 (5.4%)
Target 1 (1:1)	288.15 (+5.4%)
Target 2 (2:1)	302.95 (+10.8%)

ATR(14)	7.40 (2.7%)
Risk per Share	14.80
Reward:Risk	2:1

ATR-based levels. Adjust for support/resistance zones.

Factor Profile

Factor	Score	Z
Value	34.3	-0.63
Momentum	79.4	+1.18
Quality	50.7	+0.03
Composite	54.8

Quality Scores

Piotroski F-Score 5 /9 — Average

✓ ✓ ✗ ✗ ✗ ✗ ✓ ✓ ✓

1. Positive Net Income 2. Positive Roa 3. Positive Cfo 4. Quality Earnings 5. Lower Leverage 6. Higher Liquidity 7. No Dilution 8. Higher Gross Margin 9. Higher Asset Turnover

Altman Z-Score 3.15 — Safe Zone

Distress <1.81Grey 1.81–2.99>2.99 Safe

Valuation vs Peers Overvalued

Metric	Stock	Sector	vs Peers
P/E Ratio	27.9	10.0	+179% above
P/B Ratio	18.7	1.5	Above
Dividend Yield	1.6%	4.0%	Below avg

Comparing against Energy median multiples.

Trading at a premium to sector peers — verify growth justifies premium.

Intrinsic Value (DCF) Significantly Overvalued

Intrinsic Value

120.86

Market Price

273.35

Upside

-55.8%

Margin of Safety	-126.2%
Stage 1 PV (5yr FCF)	6,918,210,746
Terminal Value PV	19,022,610,409
Total Enterprise Value	25,940,821,155

Assumptions

Base FCF	1,681,091,048
Growth Rate (5yr)	2.0%
Terminal Growth	2.5%
Discount Rate (WACC)	9.0%

2-stage DCF: 5yr projected FCF + Gordon Growth terminal value. Estimates only — adjust growth and WACC for your own assumptions.

Position Sizing — Kelly Criterion

4.8%

Recommended Size

53.69%

Full Kelly

26.85%

Half Kelly

5.0%

Max Cap (Moderate)

Kelly inputs derived from quant score 84/100. Estimated win rate 65%, avg win 10.0%, avg loss 3.3%. Position was capped at the moderate risk maximum. This is analytical output, not a recommendation to trade.

RECOVERY Regime: RECOVERY (20% confidence) — position size reduced 4%

Signal Summary STRONG BUY

Bullish Signals

Bearish Signals

56.09

RSI(14)

2.4869

MACD

Relative Strength (RS) IMPROVING

/ 99

RS Rating

✓ O'Neil PASS (≥80)

RS vs SPY	↑ RISING (+0.9% vs SPY 3M)
RS vs Sector	OUTPERFORMING (Energy)
RS New High	No (35d since high)
Sector Outperformance	+7.2% (3M)

RS Line — stock / SPY (90 bars)

← older newer →

RS vs SPY 50-day SMA of RS

IMPROVING: Gaining momentum — the stock is starting to outperform the market. Watch for RS new high confirmation.

Technical Indicators

Indicator	Value	Signal
Rsi	56.09	NEUTRAL
Macd	2.4869	BULLISH
Ma Cross	264.53 / 212.95	GOLDEN CROSS
Trend Short		ABOVE SMA50
Trend Long		ABOVE SMA200
Bollinger		MIDDLE
Volume	0.54x	NORMAL

Key Levels

Level	Price
52-Week High	280.00
Bollinger Upper	279.7
SMA(200)	212.95
SMA(50)	264.53
SMA(20)	267.33
Current Price	273.35
Bollinger Lower	254.96
52-Week Low	144.14
ATR(14)	7.4

Advanced Technical Analysis

Click to expand

Wyckoff Phase & Volume Spread Analysis

Wyckoff Phase

MARKUP Confidence

100%

Acc: 0.0 | Dist: 0.0 | Markup: 2.0 | Markdown: 0.0

Volume Spread Analysis (last 5 bars)

Date	Signal	Vol	Description
2026-07-06	Normal	0.64x	Normal bar — no special VSA pattern
2026-07-07	Normal	0.85x	Normal bar — no special VSA pattern
2026-07-08	Normal	0.79x	Normal bar — no special VSA pattern
2026-07-09	Normal	0.78x	Normal bar — no special VSA pattern
2026-07-10	Normal	0.54x	Normal bar — no special VSA pattern

Ichimoku Cloud BULLISH

Line	Value	Status
Tenkan-sen (9)	267.51	Above Kijun
Kijun-sen (26)	266.41	Base line
Senkou A	266.96	Leading span A
Senkou B	259.40	Leading span B
Cloud	259.40 – 266.96	Bullish (Green)
Price vs Cloud	273.35	Above Cloud
Chikou Span	262.69	Bullish
Alignment Score	4/4	BULLISH