(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 2024-06-21 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2307590
Date | Daily Closing Price | Open | High | Low | Volume |
21 Fri Jun 2024 | 38.49 | 38.17 | 38.58 | 38.03 | 0.988 times |
20 Thu Jun 2024 | 38.16 | 38.06 | 38.32 | 37.85 | 0.909 times |
18 Tue Jun 2024 | 38.11 | 38.27 | 38.55 | 38.07 | 0.643 times |
18 Tue Jun 2024 | 38.11 | 38.27 | 38.55 | 38.07 | 0.643 times |
17 Mon Jun 2024 | 38.20 | 38.65 | 38.65 | 38.19 | 0.892 times |
14 Fri Jun 2024 | 38.75 | 38.70 | 38.86 | 38.29 | 0.604 times |
13 Thu Jun 2024 | 38.94 | 39.06 | 39.20 | 38.84 | 1.115 times |
12 Wed Jun 2024 | 39.09 | 39.34 | 39.52 | 38.92 | 1.365 times |
11 Tue Jun 2024 | 38.70 | 38.85 | 38.92 | 38.51 | 1.133 times |
10 Mon Jun 2024 | 39.05 | 39.40 | 39.47 | 38.88 | 1.158 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38 or till 37.3. Use a stoploss of 38.63 and if the stock hits stoploss, then it can shoot up till 39.24
Share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Target | 34.95 |
Downside Target | 37.20 |
Upside Target | 38.65 |
Upside Target | 38.92 |
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 | 38.03 |
Downside Intraday Target | 37.58 |
Upside Intraday Target | 38.76 |
Upside Intraday Target | 39.04 |
Downside Intraday Target | 38.31 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Fri Jun 2024 | 38.49 | 38.27 | 38.58 | 37.85 | 1.655 times |
18 Tue Jun 2024 | 38.11 | 38.65 | 38.65 | 38.07 | 0.286 times |
14 Fri Jun 2024 | 38.75 | 39.40 | 39.52 | 38.29 | 0.568 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 |
Price has moved up 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 |
21 Fri Jun 2024 | 38.49 | 38.45 | 40.25 | 37.85 | 0.773 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 down 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 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 to mid 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 38.63 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 38.63 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. 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.