Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-15 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 2441600

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	40.21	40.38	40.62	40.11	1.312 times
14 Thu Mar 2024	40.37	40.80	40.80	40.06	1.565 times
13 Wed Mar 2024	40.84	40.71	41.03	40.71	1.289 times
12 Tue Mar 2024	40.70	40.62	40.72	40.43	1.062 times
11 Mon Mar 2024	40.64	40.25	40.66	40.15	1.409 times
08 Fri Mar 2024	40.24	40.45	40.45	40.05	1.385 times
07 Thu Mar 2024	40.27	40.17	40.40	40.11	0.651 times
06 Wed Mar 2024	40.04	40.26	40.35	39.97	0.829 times
05 Tue Mar 2024	39.92	39.81	40.23	39.70	0.561 times
04 Mon Mar 2024	39.78	39.87	39.93	39.66	0.7 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 40.4 as stoploss in an intra day sell trade for a target of 39.95. However, stock will show a bullish move above 40.4.

Share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Target	34.34
Downside Target	37.20
Downside Target	39.14
Downside Target	40.06
Downside Target	40.13
Upside Target	40.29
Upside Target	40.45
Upside Target	40.63
Upside Target	41.03

Intraday share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Intraday Target	39.84
Downside Intraday Target	39.46
Upside Intraday Target	40.81
Upside Intraday Target	41.4
Upside Intraday Target	40.43

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	40.21	40.25	41.03	40.06	1.608 times
08 Fri Mar 2024	40.24	39.87	40.45	39.66	1.381 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Transcanada Corporation (TRP)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	40.21	39.44	41.03	39.44	0.592 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Transcanada Corporation in short term and the buy 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. 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 but SELL 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

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 40.36 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.