(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 2024-12-05 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1832649
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 49.14 | 48.95 | 49.18 | 48.95 | 0.011 times |
| 04 Wed Dec 2024 | 48.72 | 48.66 | 48.75 | 48.66 | 0.006 times |
| 26 Tue Nov 2024 | 48.74 | 48.75 | 48.91 | 48.26 | 0.861 times |
| 26 Tue Nov 2024 | 48.74 | 48.75 | 48.91 | 48.26 | 0.861 times |
| 25 Mon Nov 2024 | 49.06 | 49.85 | 50.00 | 48.77 | 1.288 times |
| 22 Fri Nov 2024 | 49.85 | 50.31 | 50.37 | 49.79 | 1.047 times |
| 21 Thu Nov 2024 | 50.23 | 49.35 | 50.30 | 49.06 | 1.401 times |
| 20 Wed Nov 2024 | 49.21 | 50.00 | 50.03 | 48.44 | 1.454 times |
| 19 Tue Nov 2024 | 49.83 | 49.68 | 50.00 | 49.36 | 1.38 times |
| 18 Mon Nov 2024 | 49.90 | 49.15 | 50.12 | 49.01 | 0.948 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49.7 or till 50.7. Use a stoploss of 48.94 and if this stock hits its stoploss, then it can fall down till 48.14
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 41.08 |
| Downside Target | 43.39 |
| Downside Target | 44.75 |
| Downside Target | 46.09 |
| Downside Target | 48.14 |
| Upside Target | 49.18 |
| Upside Target | 49.67 |
| Upside Target | 50.00 |
| Upside Target | 50.22 |
| Upside Target | 50.37 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 48.54 |
| Downside Intraday Target | 47.94 |
| Upside Intraday Target | 49.46 |
| Upside Intraday Target | 49.78 |
| Downside Intraday Target | 48.86 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 49.14 | 48.75 | 49.18 | 48.26 | 0.408 times |
| 26 Tue Nov 2024 | 48.74 | 49.85 | 50.00 | 48.26 | 0.345 times |
| 22 Fri Nov 2024 | 49.85 | 49.15 | 50.37 | 48.44 | 1.442 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 |
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 |
| 05 Thu Dec 2024 | 49.14 | 48.66 | 49.18 | 48.66 | 0.001 times |
| 26 Tue Nov 2024 | 48.74 | 46.76 | 50.37 | 46.09 | 0.636 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 |
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 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 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 BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 49.49 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 49.49 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. 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.