(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 2024-11-18 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1799590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 49.90 | 49.15 | 50.12 | 49.01 | 0.966 times |
| 15 Fri Nov 2024 | 48.99 | 48.63 | 49.02 | 48.40 | 0.767 times |
| 14 Thu Nov 2024 | 48.85 | 48.80 | 49.21 | 48.45 | 1.229 times |
| 13 Wed Nov 2024 | 48.44 | 48.50 | 48.70 | 48.16 | 0.67 times |
| 12 Tue Nov 2024 | 48.35 | 49.56 | 49.64 | 48.15 | 1.04 times |
| 11 Mon Nov 2024 | 49.59 | 48.96 | 49.67 | 48.69 | 0.694 times |
| 08 Fri Nov 2024 | 48.76 | 49.50 | 49.50 | 48.48 | 1.256 times |
| 07 Thu Nov 2024 | 49.68 | 48.61 | 50.22 | 48.42 | 1.427 times |
| 06 Wed Nov 2024 | 48.33 | 47.70 | 48.35 | 47.27 | 1.504 times |
| 05 Tue Nov 2024 | 47.44 | 46.90 | 47.54 | 46.83 | 0.523 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 50.4, for a target of 49 or 47.81
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 37.07 |
| Downside Target | 41.08 |
| Downside Target | 42.72 |
| Downside Target | 44.75 |
| Downside Target | 45.94 |
| Downside Target | 48.14 |
| Downside Target | 48.25 |
| Downside Target | 48.42 |
| Downside Target | 49.01 |
| Downside Target | 49.67 |
| Upside Target | 50.12 |
| Upside Target | 50.22 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 49.23 |
| Downside Intraday Target | 48.57 |
| Upside Intraday Target | 50.34 |
| Upside Intraday Target | 50.79 |
| Downside Intraday Target | 49.68 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 49.90 | 49.15 | 50.12 | 49.01 | 0.219 times |
| 15 Fri Nov 2024 | 48.99 | 48.96 | 49.67 | 48.15 | 0.786 times |
| 08 Fri Nov 2024 | 48.76 | 46.32 | 50.22 | 46.32 | 1.4 times |
| 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 |
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 |
| 18 Mon Nov 2024 | 49.90 | 46.76 | 50.22 | 46.09 | 0.369 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 up 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Transcanada Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 48.89 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 rising upwards.
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.
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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Transcanada Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 48.89 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 rising upwards.
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.