(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 2024-06-12 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 3896880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 39.09 | 39.34 | 39.52 | 38.92 | 0.808 times |
| 11 Tue Jun 2024 | 38.70 | 38.85 | 38.92 | 38.51 | 0.671 times |
| 10 Mon Jun 2024 | 39.05 | 39.40 | 39.47 | 38.88 | 0.685 times |
| 07 Fri Jun 2024 | 39.37 | 39.88 | 40.02 | 39.36 | 0.911 times |
| 06 Thu Jun 2024 | 40.14 | 39.76 | 40.25 | 39.67 | 1.426 times |
| 05 Wed Jun 2024 | 39.80 | 38.76 | 39.93 | 38.67 | 1.077 times |
| 04 Tue Jun 2024 | 38.61 | 38.30 | 38.70 | 37.97 | 1.272 times |
| 03 Mon Jun 2024 | 38.38 | 38.45 | 38.55 | 37.93 | 0.92 times |
| 31 Fri May 2024 | 38.56 | 37.98 | 38.59 | 37.90 | 0.559 times |
| 30 Thu May 2024 | 37.88 | 37.68 | 38.08 | 37.68 | 1.248 times |
My analysis of stock is bullish for shortterm, and stock might move up till 39.4 or till 40.1. Use a stoploss of 38.8 and if this stock hits its stoploss, then it can fall down till 38.21
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.95 |
| Downside Target | 37.20 |
| Upside Target | 39.21 |
| Upside Target | 39.31 |
| Upside Target | 39.52 |
| Upside Target | 40.13 |
| Upside Target | 40.25 |
| Upside Target | 40.52 |
| Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 38.56 |
| Downside Intraday Target | 38.03 |
| Upside Intraday Target | 39.57 |
| Upside Intraday Target | 40.05 |
| Downside Intraday Target | 39.04 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 39.09 | 39.40 | 39.52 | 38.51 | 0.386 times |
| 07 Fri Jun 2024 | 39.37 | 38.45 | 40.25 | 37.93 | 1.642 times |
| 31 Fri May 2024 | 38.56 | 38.49 | 38.59 | 37.50 | 1.633 times |
| 24 Fri May 2024 | 38.39 | 38.91 | 39.31 | 38.06 | 0.984 times |
| 17 Fri May 2024 | 38.91 | 38.85 | 39.21 | 38.27 | 0.599 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 |
| 12 Wed Jun 2024 | 39.09 | 38.45 | 40.25 | 37.93 | 0.536 times |
| 31 Fri May 2024 | 38.56 | 35.86 | 39.31 | 35.54 | 0.592 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 |
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 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 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 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 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 moving up
CCI has generated a buy signal for Transcanada Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 39 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 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 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 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 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 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 moving up
CCI has generated a buy signal for Transcanada Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 39 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.