(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.
Showing technical analysis as on 2024-02-02 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1752530
Date | Daily Closing Price | Open | High | Low | Volume |
02 Fri Feb 2024 | 39.07 | 39.58 | 39.60 | 38.71 | 0.947 times |
01 Thu Feb 2024 | 39.84 | 39.55 | 40.02 | 39.47 | 1.444 times |
31 Wed Jan 2024 | 39.43 | 40.00 | 40.13 | 39.30 | 0.885 times |
30 Tue Jan 2024 | 39.84 | 39.57 | 39.92 | 39.33 | 0.915 times |
29 Mon Jan 2024 | 39.60 | 39.29 | 39.61 | 38.95 | 0.888 times |
26 Fri Jan 2024 | 39.39 | 39.01 | 39.39 | 38.93 | 0.542 times |
25 Thu Jan 2024 | 38.89 | 38.71 | 38.91 | 38.54 | 0.948 times |
24 Wed Jan 2024 | 38.42 | 39.30 | 39.47 | 38.40 | 0.876 times |
23 Tue Jan 2024 | 38.99 | 38.68 | 39.09 | 38.65 | 0.692 times |
22 Mon Jan 2024 | 38.74 | 38.69 | 38.79 | 38.49 | 1.858 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38.8 or till 38.3. Use a stoploss of 39.29 and if the stock hits stoploss, then it can shoot up till 39.73
Share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Target | 32.52 |
Downside Target | 34.34 |
Downside Target | 35.61 |
Downside Target | 37.33 |
Upside Target | 39.47 |
Upside Target | 39.73 |
Upside Target | 39.94 |
Upside Target | 40.02 |
Upside Target | 40.13 |
Upside Target | 40.29 |
Upside Target | 40.63 |
Intraday share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Intraday Target | 38.48 |
Downside Intraday Target | 37.88 |
Upside Intraday Target | 39.9 |
Upside Intraday Target | 40.72 |
Upside Intraday Target | 39.3 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Fri Feb 2024 | 39.07 | 39.29 | 40.13 | 38.71 | 1.033 times |
26 Fri Jan 2024 | 39.39 | 38.69 | 39.47 | 38.40 | 0.894 times |
19 Fri Jan 2024 | 38.79 | 39.32 | 39.73 | 38.28 | 3.21 times |
12 Fri Jan 2024 | 39.47 | 39.85 | 39.94 | 39.34 | 0.225 times |
12 Fri Jan 2024 | 39.47 | 39.75 | 40.29 | 38.97 | 1.487 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 |
02 Fri Feb 2024 | 39.07 | 39.55 | 40.02 | 38.71 | 0.087 times |
31 Wed Jan 2024 | 39.43 | 39.00 | 40.29 | 38.28 | 0.795 times |
29 Fri Dec 2023 | 39.09 | 37.52 | 40.63 | 37.33 | 1.369 times |
30 Thu Nov 2023 | 37.52 | 34.68 | 37.63 | 34.34 | 0.597 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 losing momentum.
MACD generated a SELL signal for Transcanada Corporation in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 39.21 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 losing momentum.
MACD generated a SELL signal for Transcanada Corporation in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 39.21 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.