Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-11 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 2424655

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	45.88	45.79	45.95	45.22	1.871 times
10 Tue Sep 2024	45.79	47.00	47.07	45.36	1.307 times
09 Mon Sep 2024	47.07	46.79	47.39	46.79	1.873 times
06 Fri Sep 2024	46.69	46.82	47.24	46.33	1.042 times
05 Thu Sep 2024	46.78	46.76	47.19	46.63	1.284 times
04 Wed Sep 2024	46.55	46.12	46.69	46.12	1.13 times
03 Tue Sep 2024	46.24	45.88	46.35	45.64	0.647 times
30 Fri Aug 2024	46.34	45.47	46.40	45.47	0.856 times
30 Fri Aug 2024	46.34	45.47	46.40	45.47	0.889 times
29 Thu Aug 2024	45.75	45.51	45.82	45.32	0.552 times

My analysis of stock is bullish for shortterm, and stock might move up till 46.5 or till 47.6. Use a stoploss of 45.56 and if this stock hits its stoploss, then it can fall down till 44.63

Share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Target	35.54
Downside Target	37.07
Downside Target	39.31
Downside Target	40.25
Downside Target	41.08
Downside Target	42.72
Downside Target	43.92
Downside Target	45.17
Upside Target	46.40
Upside Target	47.24
Upside Target	47.39

Intraday share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Intraday Target	44.94
Downside Intraday Target	43.99
Upside Intraday Target	47.11
Upside Intraday Target	48.33
Upside Intraday Target	46.16

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	45.88	46.79	47.39	45.22	1.231 times
06 Fri Sep 2024	46.69	45.88	47.24	45.64	4.792 times
30 Fri Aug 2024	46.34	45.47	46.40	45.47	0.307 times
30 Fri Aug 2024	46.34	45.46	46.40	45.24	0.728 times
23 Fri Aug 2024	45.07	44.49	45.17	43.92	0.85 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
11 Wed Sep 2024	45.88	45.88	47.39	45.22	0.484 times
30 Fri Aug 2024	46.34	42.41	46.40	41.08	0.695 times
31 Wed Jul 2024	42.41	37.93	42.72	37.07	1.038 times
28 Fri Jun 2024	37.90	38.45	40.25	37.40	1.127 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining 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 moving up

CCI has generated a SELL signal for Transcanada Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 46.39 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 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.