(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 2024-03-28 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 4383100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 40.20 | 39.79 | 40.28 | 39.69 | 0.389 times |
| 27 Wed Mar 2024 | 39.64 | 39.71 | 39.80 | 38.92 | 2.277 times |
| 26 Tue Mar 2024 | 40.41 | 40.51 | 40.64 | 40.40 | 1.797 times |
| 25 Mon Mar 2024 | 40.50 | 40.40 | 40.72 | 40.40 | 1.223 times |
| 22 Fri Mar 2024 | 40.40 | 40.45 | 40.50 | 40.20 | 0.419 times |
| 21 Thu Mar 2024 | 40.40 | 40.15 | 40.52 | 40.06 | 1.286 times |
| 20 Wed Mar 2024 | 40.07 | 40.16 | 40.59 | 39.95 | 0.384 times |
| 19 Tue Mar 2024 | 40.27 | 40.24 | 40.48 | 40.13 | 0.399 times |
| 18 Mon Mar 2024 | 40.28 | 40.21 | 40.38 | 39.95 | 0.612 times |
| 15 Fri Mar 2024 | 40.21 | 40.38 | 40.62 | 40.11 | 0.731 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.9 or till 39.6. Use a stoploss of 40.25 and if the stock hits stoploss, then it can shoot up till 40.56
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.34 |
| Downside Target | 37.20 |
| Downside Target | 40.06 |
| Downside Target | 40.13 |
| Upside Target | 40.29 |
| Upside Target | 40.45 |
| Upside Target | 40.59 |
| Upside Target | 40.63 |
| Upside Target | 40.72 |
| Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 39.17 |
| Downside Intraday Target | 38.15 |
| Upside Intraday Target | 40.97 |
| Upside Intraday Target | 41.75 |
| Downside Intraday Target | 39.95 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 40.20 | 40.40 | 40.72 | 38.92 | 1.834 times |
| 22 Fri Mar 2024 | 40.40 | 40.21 | 40.59 | 39.95 | 0.839 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 |
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 |
| 28 Thu Mar 2024 | 40.20 | 39.44 | 41.03 | 38.92 | 1.416 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Strong 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 stronger in this stock.
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 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 40.18 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 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 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Strong 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 stronger in this stock.
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 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 40.18 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.