(TRP) Transcanada Corporation complete technical analysis [charts+indicators] | Buy/Sell Transcanada Corporation | (TRP) share price targets
Complete technical analysis of Transcanada Corporation (TRP) by charts plus indicators, forecast predictions and share price targets for Transcanada Corporation (TRP)
Transcanada Corporation trades in USA in Public Utilities sector.
10 day averaged volume of Transcanada Corporation is 3534770
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 37.87 | 38.30 | 38.37 | 37.77 | 1.476 times |
03 Wed Jul 2024 | 38.17 | 37.93 | 38.60 | 37.89 | 0.233 times |
03 Wed Jul 2024 | 38.17 | 37.93 | 38.60 | 37.89 | 0.233 times |
02 Tue Jul 2024 | 37.75 | 37.59 | 38.17 | 37.54 | 2.734 times |
01 Mon Jul 2024 | 37.56 | 37.93 | 38.16 | 37.52 | 0.498 times |
28 Fri Jun 2024 | 37.90 | 37.80 | 37.99 | 37.40 | 1.077 times |
27 Thu Jun 2024 | 38.55 | 38.77 | 38.77 | 38.44 | 1.702 times |
26 Wed Jun 2024 | 38.53 | 39.02 | 39.25 | 38.40 | 0.921 times |
25 Tue Jun 2024 | 39.20 | 39.01 | 39.23 | 38.69 | 0.307 times |
24 Mon Jun 2024 | 39.11 | 38.76 | 39.40 | 38.71 | 1.65 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.9, but if it comes above 37.9, then a intra day buy could be more profitable.
If you take a sell trade below 37.9, then use 37.9 as stoploss and 37.4 as target. However if you take a buy trade in stock , then use 37.9 as stoploss and 38.42 as target.
Share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Target | 34.95 |
Downside Target | 37.40 |
Upside Target | 38.60 |
Upside Target | 38.65 |
Upside Target | 38.92 |
Upside Target | 39.31 |
Upside Target | 39.40 |
Upside Target | 40.25 |
Upside Target | 40.52 |
Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Intraday Target | 37.56 |
Downside Intraday Target | 37.25 |
Upside Intraday Target | 38.39 |
Upside Intraday Target | 38.91 |
Upside Intraday Target | 38.08 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 37.87 | 37.93 | 38.60 | 37.77 | 0.493 times |
03 Wed Jul 2024 | 38.17 | 37.93 | 38.60 | 37.52 | 0.613 times |
28 Fri Jun 2024 | 37.90 | 38.76 | 39.40 | 37.40 | 3.411 times |
21 Fri Jun 2024 | 38.49 | 38.27 | 38.58 | 37.85 | 1.655 times |
18 Tue Jun 2024 | 38.11 | 38.65 | 38.65 | 38.07 | 0.286 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Transcanada Corporation (TRP)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 37.87 | 37.93 | 38.60 | 37.52 | 0.287 times |
28 Fri Jun 2024 | 37.90 | 38.45 | 40.25 | 37.40 | 1.127 times |
31 Fri May 2024 | 38.56 | 35.86 | 39.31 | 35.54 | 0.592 times |
30 Tue Apr 2024 | 35.85 | 40.23 | 40.52 | 34.95 | 1.443 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Transcanada Corporation (TRP)
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Transcanada Corporation in short term and the sell signal is strong.
Transcanada Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Transcanada Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.23 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Transcanada Corporation (TRP) stock. Volume based technical analysis of Transcanada Corporation (TRP) stock is negative.
Transcanada Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Transcanada Corporation in short term and the sell signal is strong.
Transcanada Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Transcanada Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.23 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Transcanada Corporation (TRP) stock. Volume based technical analysis of Transcanada Corporation (TRP) stock is negative.
Transcanada Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.