(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 2024-10-04 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 3339640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 45.11 | 44.26 | 45.19 | 44.10 | 1.287 times |
| 03 Thu Oct 2024 | 44.35 | 44.02 | 44.47 | 43.39 | 0.623 times |
| 02 Wed Oct 2024 | 44.03 | 44.46 | 44.73 | 43.43 | 1.107 times |
| 01 Tue Oct 2024 | 48.37 | 47.62 | 48.42 | 47.47 | 0.689 times |
| 30 Mon Sep 2024 | 47.55 | 46.96 | 47.70 | 46.87 | 0.785 times |
| 27 Fri Sep 2024 | 46.76 | 47.31 | 47.35 | 46.31 | 0.498 times |
| 26 Thu Sep 2024 | 47.90 | 47.58 | 48.14 | 47.41 | 0.93 times |
| 25 Wed Sep 2024 | 47.85 | 47.09 | 47.86 | 47.07 | 2.025 times |
| 24 Tue Sep 2024 | 47.02 | 47.31 | 47.42 | 46.73 | 0.523 times |
| 23 Mon Sep 2024 | 47.11 | 46.39 | 47.13 | 46.35 | 0.665 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.3, but if it comes above 45.3, then a intra day buy could be more profitable.
If you take a sell trade below 45.3, then use 45.3 as stoploss and 43.9 as target. However if you take a buy trade in stock , then use 45.3 as stoploss and 46.39 as target.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 37.07 |
| Downside Target | 40.25 |
| Downside Target | 41.08 |
| Downside Target | 42.72 |
| Downside Target | 44.75 |
| Upside Target | 47.00 |
| Upside Target | 47.24 |
| Upside Target | 47.39 |
| Upside Target | 48.14 |
| Upside Target | 48.42 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 42.86 |
| Downside Intraday Target | 40.61 |
| Upside Intraday Target | 47.89 |
| Upside Intraday Target | 50.67 |
| Upside Intraday Target | 45.64 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 45.11 | 46.96 | 48.42 | 43.39 | 0.967 times |
| 27 Fri Sep 2024 | 46.76 | 46.39 | 48.14 | 46.31 | 0.857 times |
| 20 Fri Sep 2024 | 46.18 | 46.84 | 47.00 | 44.75 | 0.942 times |
| 13 Fri Sep 2024 | 46.55 | 46.79 | 47.39 | 45.22 | 1.93 times |
| 06 Fri Sep 2024 | 46.69 | 45.88 | 47.24 | 45.64 | 4.792 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 |
| 04 Fri Oct 2024 | 45.11 | 47.62 | 48.42 | 43.39 | 0.189 times |
| 30 Mon Sep 2024 | 47.55 | 45.88 | 48.14 | 44.75 | 1.424 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong 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 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 buy signal for Transcanada Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 46.62 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong 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 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 buy signal for Transcanada Corporation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 46.62 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.