(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 2024-03-19 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2725210
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 40.27 | 40.24 | 40.48 | 40.13 | 0.641 times |
18 Mon Mar 2024 | 40.28 | 40.21 | 40.38 | 39.95 | 0.984 times |
15 Fri Mar 2024 | 40.21 | 40.38 | 40.62 | 40.11 | 1.175 times |
14 Thu Mar 2024 | 40.37 | 40.80 | 40.80 | 40.06 | 1.403 times |
13 Wed Mar 2024 | 40.84 | 40.71 | 41.03 | 40.71 | 1.155 times |
12 Tue Mar 2024 | 40.70 | 40.62 | 40.72 | 40.43 | 0.951 times |
11 Mon Mar 2024 | 40.64 | 40.25 | 40.66 | 40.15 | 1.262 times |
08 Fri Mar 2024 | 40.24 | 40.45 | 40.45 | 40.05 | 1.241 times |
07 Thu Mar 2024 | 40.27 | 40.17 | 40.40 | 40.11 | 0.583 times |
06 Wed Mar 2024 | 40.04 | 40.26 | 40.35 | 39.97 | 0.743 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 40.5 as stoploss in an intra day sell trade for a target of 40.02. However, stock will show a bullish move above 40.5.
Share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Target | 34.34 |
Downside Target | 37.20 |
Downside Target | 39.14 |
Downside Target | 40.13 |
Upside Target | 40.29 |
Upside Target | 40.45 |
Upside Target | 40.48 |
Upside Target | 40.63 |
Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Intraday Target | 39.99 |
Downside Intraday Target | 39.7 |
Upside Intraday Target | 40.52 |
Upside Intraday Target | 40.76 |
Downside Intraday Target | 40.23 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 40.27 | 40.21 | 40.48 | 39.95 | 0.273 times |
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 |
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 |
19 Tue Mar 2024 | 40.27 | 39.44 | 41.03 | 39.44 | 0.686 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 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. Bears are getting stronger in this stock.
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 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 40.41 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.
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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 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. Bears are getting stronger in this stock.
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 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 40.41 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.