(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 2024-10-14 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 3223900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 46.78 | 45.90 | 46.94 | 45.83 | 1.23 times |
| 11 Fri Oct 2024 | 45.67 | 45.11 | 45.93 | 45.06 | 1.641 times |
| 10 Thu Oct 2024 | 45.06 | 45.31 | 45.31 | 44.91 | 0.327 times |
| 09 Wed Oct 2024 | 45.20 | 44.35 | 45.29 | 44.14 | 0.954 times |
| 08 Tue Oct 2024 | 44.69 | 44.86 | 44.90 | 44.35 | 0.775 times |
| 07 Mon Oct 2024 | 44.86 | 45.05 | 45.37 | 44.59 | 1.652 times |
| 04 Fri Oct 2024 | 45.11 | 44.26 | 45.19 | 44.10 | 1.334 times |
| 03 Thu Oct 2024 | 44.35 | 44.02 | 44.47 | 43.39 | 0.646 times |
| 02 Wed Oct 2024 | 44.03 | 44.46 | 44.73 | 43.43 | 1.146 times |
| 01 Tue Oct 2024 | 48.37 | 47.62 | 48.42 | 47.47 | 0.713 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 47.3 as stoploss in an intra day sell trade for a target of 46.09. However, stock will show a bullish move above 47.3.
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 | 45.83 |
| Downside Target | 46.40 |
| Upside Target | 46.94 |
| Upside Target | 47.00 |
| Upside Target | 48.14 |
| Upside Target | 48.42 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 46.09 |
| Downside Intraday Target | 45.41 |
| Upside Intraday Target | 47.2 |
| Upside Intraday Target | 47.63 |
| Downside Intraday Target | 46.52 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 46.78 | 45.90 | 46.94 | 45.83 | 0.23 times |
| 11 Fri Oct 2024 | 45.67 | 45.05 | 45.93 | 44.14 | 1.15 times |
| 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 |
Price has moved up 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 |
| 14 Mon Oct 2024 | 46.78 | 47.62 | 48.42 | 43.39 | 0.514 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 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 short 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 45.39 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 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 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 short 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 45.39 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 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.