(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 2024-06-13 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 3732360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 38.94 | 39.06 | 39.20 | 38.84 | 0.689 times |
| 12 Wed Jun 2024 | 39.09 | 39.34 | 39.52 | 38.92 | 0.844 times |
| 11 Tue Jun 2024 | 38.70 | 38.85 | 38.92 | 38.51 | 0.7 times |
| 10 Mon Jun 2024 | 39.05 | 39.40 | 39.47 | 38.88 | 0.716 times |
| 07 Fri Jun 2024 | 39.37 | 39.88 | 40.02 | 39.36 | 0.952 times |
| 06 Thu Jun 2024 | 40.14 | 39.76 | 40.25 | 39.67 | 1.489 times |
| 05 Wed Jun 2024 | 39.80 | 38.76 | 39.93 | 38.67 | 1.124 times |
| 04 Tue Jun 2024 | 38.61 | 38.30 | 38.70 | 37.97 | 1.328 times |
| 03 Mon Jun 2024 | 38.38 | 38.45 | 38.55 | 37.93 | 0.961 times |
| 31 Fri May 2024 | 38.56 | 37.98 | 38.59 | 37.90 | 0.584 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 | 38.46 |
| Downside Intraday Target | 37.98 |
| Upside Intraday Target | 39.47 |
| Upside Intraday Target | 40 |
| Upside Intraday Target | 38.99 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 38.94 | 39.40 | 39.52 | 38.51 | 0.504 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 |
| 13 Thu Jun 2024 | 38.94 | 38.45 | 40.25 | 37.93 | 0.582 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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. 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 SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 39.15 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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. 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 SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 39.15 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.