Targa Resources Triggers MACD Death Cross, Bollinger Bands Narrowing on 15min Chart

Targa Resources' 15-minute chart has recently exhibited a MACD Death Cross and narrowing Bollinger Bands, both of which are indicative of a potential downward trend in the stock price. This suggests that the magnitude of price fluctuations is decreasing, implying a high level of volatility. However, it is essential to note that this is a short-term indicator and should be monitored alongside other technical and fundamental analysis to form a comprehensive view of the stock's performance.