(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 2024-11-01 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1386720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 46.30 | 46.76 | 47.04 | 46.09 | 0.875 times |
| 31 Thu Oct 2024 | 46.51 | 46.12 | 46.83 | 46.01 | 1.09 times |
| 30 Wed Oct 2024 | 46.47 | 46.30 | 46.54 | 46.06 | 1.337 times |
| 29 Tue Oct 2024 | 46.29 | 46.66 | 46.79 | 45.94 | 0.965 times |
| 28 Mon Oct 2024 | 46.79 | 46.98 | 47.17 | 46.66 | 0.923 times |
| 25 Fri Oct 2024 | 47.26 | 47.40 | 47.69 | 46.94 | 0.984 times |
| 24 Thu Oct 2024 | 46.99 | 47.03 | 47.42 | 46.66 | 1.059 times |
| 23 Wed Oct 2024 | 46.96 | 47.34 | 47.37 | 46.60 | 0.771 times |
| 22 Tue Oct 2024 | 47.40 | 47.24 | 47.62 | 46.84 | 0.85 times |
| 21 Mon Oct 2024 | 47.36 | 48.04 | 48.25 | 47.20 | 0.981 times |
My analysis of stock is bearish for shortterm, and stock might move down till 45.6 or till 44.5. Use a stoploss of 46.52 and if the stock hits stoploss, then it can shoot up till 47.46
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 37.07 |
| Downside Target | 41.08 |
| Downside Target | 42.72 |
| Downside Target | 45.83 |
| Upside Target | 46.60 |
| Upside Target | 47.04 |
| Upside Target | 47.17 |
| Upside Target | 48.14 |
| Upside Target | 48.20 |
| Upside Target | 48.25 |
| Upside Target | 48.42 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 45.77 |
| Downside Intraday Target | 45.24 |
| Upside Intraday Target | 47 |
| Upside Intraday Target | 47.7 |
| Upside Intraday Target | 46.47 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 46.30 | 46.98 | 47.17 | 45.94 | 1.117 times |
| 25 Fri Oct 2024 | 47.26 | 48.04 | 48.25 | 46.60 | 0.436 times |
| 18 Fri Oct 2024 | 48.10 | 45.90 | 48.20 | 45.83 | 0.856 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 |
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 |
| 01 Fri Nov 2024 | 46.30 | 46.76 | 47.04 | 46.09 | 0.021 times |
| 31 Thu Oct 2024 | 46.51 | 47.62 | 48.42 | 43.39 | 0.869 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 |
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 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 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 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.
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 coming down
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 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 46.81 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 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 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 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.
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 coming down
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 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 46.81 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.