(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 2024-03-04 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2130500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 39.78 | 39.87 | 39.93 | 39.66 | 0.802 times |
| 01 Fri Mar 2024 | 39.75 | 39.44 | 39.98 | 39.44 | 0.629 times |
| 29 Thu Feb 2024 | 39.55 | 39.49 | 39.76 | 39.32 | 0.852 times |
| 28 Wed Feb 2024 | 39.35 | 39.28 | 39.41 | 39.16 | 0.379 times |
| 27 Tue Feb 2024 | 39.44 | 39.56 | 39.71 | 39.26 | 0.542 times |
| 26 Mon Feb 2024 | 39.29 | 39.73 | 39.83 | 39.14 | 1.023 times |
| 23 Fri Feb 2024 | 39.76 | 39.84 | 39.94 | 39.53 | 0.605 times |
| 22 Thu Feb 2024 | 39.87 | 39.83 | 39.98 | 39.62 | 1.938 times |
| 21 Wed Feb 2024 | 39.83 | 39.79 | 40.13 | 39.60 | 1.136 times |
| 20 Tue Feb 2024 | 39.69 | 39.48 | 39.94 | 39.46 | 1.333 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.8 as stoploss in an intra day sell trade for a target of 38.83. However, stock will show a bullish move above 39.8.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.34 |
| Downside Target | 37.20 |
| Downside Target | 39.59 |
| Downside Target | 39.66 |
| Upside Target | 39.93 |
| Upside Target | 39.98 |
| 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 | 39.65 |
| Downside Intraday Target | 39.52 |
| Upside Intraday Target | 39.92 |
| Upside Intraday Target | 40.06 |
| Upside Intraday Target | 39.79 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 39.78 | 39.87 | 39.93 | 39.66 | 0.234 times |
| 01 Fri Mar 2024 | 39.75 | 39.73 | 39.98 | 39.14 | 0.683 times |
| 23 Fri Feb 2024 | 39.76 | 39.48 | 40.13 | 39.46 | 0.94 times |
| 16 Fri Feb 2024 | 39.52 | 37.60 | 39.59 | 37.20 | 0.783 times |
| 09 Fri Feb 2024 | 37.53 | 38.80 | 38.84 | 37.31 | 1.63 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 |
| 04 Mon Mar 2024 | 39.78 | 39.44 | 39.98 | 39.44 | 0.065 times |
| 29 Thu Feb 2024 | 39.55 | 39.55 | 40.13 | 37.20 | 0.967 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 |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Transcanada Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 39.68 and Transcanada Corporation (TRP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Transcanada Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 39.68 and Transcanada Corporation (TRP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.