(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 2024-02-14 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2474920
Date | Daily Closing Price | Open | High | Low | Volume |
14 Wed Feb 2024 | 37.54 | 37.89 | 38.09 | 37.49 | 0.657 times |
13 Tue Feb 2024 | 37.56 | 38.15 | 38.26 | 37.20 | 1.188 times |
12 Mon Feb 2024 | 38.31 | 37.60 | 38.41 | 37.51 | 0.632 times |
09 Fri Feb 2024 | 37.53 | 37.52 | 37.72 | 37.31 | 0.675 times |
08 Thu Feb 2024 | 37.46 | 37.64 | 37.78 | 37.39 | 1.443 times |
07 Wed Feb 2024 | 37.73 | 38.14 | 38.26 | 37.68 | 1.133 times |
06 Tue Feb 2024 | 38.03 | 37.98 | 38.25 | 37.83 | 1.115 times |
05 Mon Feb 2024 | 37.94 | 38.80 | 38.84 | 37.81 | 1.494 times |
02 Fri Feb 2024 | 39.07 | 39.58 | 39.60 | 38.71 | 0.67 times |
01 Thu Feb 2024 | 39.84 | 39.55 | 40.02 | 39.47 | 1.022 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.8, but if it comes above 37.8, then a intra day buy could be more profitable.
If you take a sell trade below 37.8, then use 37.8 as stoploss and 36.9 as target. However if you take a buy trade in stock , then use 37.8 as stoploss and 38.59 as target.
Share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Target | 32.52 |
Downside Target | 34.34 |
Downside Target | 35.61 |
Downside Target | 37.20 |
Upside Target | 38.71 |
Upside Target | 38.84 |
Upside Target | 39.47 |
Upside Target | 39.73 |
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 | 37.02 |
Downside Intraday Target | 36.51 |
Upside Intraday Target | 38.23 |
Upside Intraday Target | 38.93 |
Upside Intraday Target | 37.72 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Wed Feb 2024 | 37.54 | 37.60 | 38.41 | 37.20 | 0.423 times |
09 Fri Feb 2024 | 37.53 | 38.80 | 38.84 | 37.31 | 1.63 times |
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 |
Price has moved up 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 |
14 Wed Feb 2024 | 37.54 | 39.55 | 40.02 | 37.20 | 0.514 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 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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
Transcanada Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Transcanada Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Transcanada Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.05 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 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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
Transcanada Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Transcanada Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Transcanada Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.05 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.