(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 2024-12-12 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1629326
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 46.78 | 47.19 | 47.38 | 46.60 | 1.345 times |
| 11 Wed Dec 2024 | 47.30 | 47.22 | 47.43 | 47.09 | 0.765 times |
| 10 Tue Dec 2024 | 47.17 | 47.54 | 47.54 | 47.04 | 1.603 times |
| 09 Mon Dec 2024 | 47.37 | 48.37 | 48.68 | 47.24 | 1.473 times |
| 05 Thu Dec 2024 | 49.14 | 48.95 | 49.18 | 48.95 | 0.013 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 | 0.968 times |
| 26 Tue Nov 2024 | 48.74 | 48.75 | 48.91 | 48.26 | 0.968 times |
| 25 Mon Nov 2024 | 49.06 | 49.85 | 50.00 | 48.77 | 1.449 times |
| 22 Fri Nov 2024 | 49.85 | 50.31 | 50.37 | 49.79 | 1.178 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 46.7, for a target of 47.8 or 48.75
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 |
| Upside Target | 48.14 |
| Upside Target | 48.68 |
| Upside Target | 49.18 |
| Upside Target | 49.67 |
| Upside Target | 50.00 |
| Upside Target | 50.37 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 46.03 |
| Downside Intraday Target | 45.27 |
| Upside Intraday Target | 48.11 |
| Upside Intraday Target | 49.43 |
| Upside Intraday Target | 47.35 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 46.78 | 48.37 | 48.68 | 46.60 | 5.253 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Transcanada Corporation (TRP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 46.78 | 48.66 | 49.18 | 46.60 | 0.235 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 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 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 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 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 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 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 SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 48.07 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 negative.
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 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 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 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 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 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 SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 48.07 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.