(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 2024-05-22 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1982269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 38.83 | 38.97 | 39.09 | 38.61 | 0.903 times |
| 21 Tue May 2024 | 39.16 | 39.00 | 39.31 | 38.83 | 0.998 times |
| 20 Mon May 2024 | 39.06 | 38.91 | 39.10 | 38.73 | 0.539 times |
| 17 Fri May 2024 | 38.91 | 39.13 | 39.20 | 38.84 | 0.685 times |
| 16 Thu May 2024 | 39.12 | 39.02 | 39.21 | 38.79 | 0.669 times |
| 15 Wed May 2024 | 38.95 | 38.91 | 39.10 | 38.71 | 0.601 times |
| 14 Tue May 2024 | 38.72 | 38.91 | 38.95 | 38.31 | 1.172 times |
| 13 Mon May 2024 | 38.63 | 38.85 | 38.85 | 38.27 | 1.049 times |
| 10 Fri May 2024 | 38.63 | 38.42 | 38.72 | 38.41 | 1.339 times |
| 09 Thu May 2024 | 38.20 | 37.98 | 38.21 | 37.87 | 1.465 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 as stoploss in an intra day sell trade for a target of 37.75. However, stock will show a bullish move above 39.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.95 |
| Downside Target | 36.30 |
| Downside Target | 37.20 |
| Upside Target | 38.92 |
| Upside Target | 39.21 |
| Upside Target | 39.31 |
| Upside Target | 40.13 |
| Upside Target | 40.29 |
| Upside Target | 40.52 |
| Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 38.52 |
| Downside Intraday Target | 38.22 |
| Upside Intraday Target | 39.22 |
| Upside Intraday Target | 39.62 |
| Upside Intraday Target | 38.92 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 38.83 | 38.91 | 39.31 | 38.61 | 0.584 times |
| 17 Fri May 2024 | 38.91 | 38.85 | 39.21 | 38.27 | 0.599 times |
| 10 Fri May 2024 | 38.63 | 37.66 | 38.72 | 37.25 | 0.672 times |
| 03 Fri May 2024 | 37.62 | 36.32 | 37.94 | 35.38 | 1.275 times |
| 26 Fri Apr 2024 | 36.10 | 35.80 | 36.30 | 35.48 | 0.562 times |
Price has moved down 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 |
| 22 Wed May 2024 | 38.83 | 35.86 | 39.31 | 35.54 | 0.418 times |
| 30 Tue Apr 2024 | 35.85 | 40.23 | 40.52 | 34.95 | 1.443 times |
| 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 |
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
Transcanada Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 38.75 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
Transcanada Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 38.75 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.