(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 2025-01-06 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 1248535
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 47.33 | 48.19 | 48.21 | 47.07 | 1.456 times |
| 03 Fri Jan 2025 | 47.49 | 47.73 | 47.95 | 47.31 | 0.926 times |
| 02 Thu Jan 2025 | 47.37 | 46.75 | 47.52 | 46.67 | 1.206 times |
| 31 Tue Dec 2024 | 46.53 | 46.14 | 46.60 | 46.11 | 1.025 times |
| 30 Mon Dec 2024 | 46.71 | 46.07 | 47.00 | 45.82 | 1.237 times |
| 27 Fri Dec 2024 | 46.26 | 46.00 | 46.41 | 45.83 | 0.729 times |
| 26 Thu Dec 2024 | 46.09 | 46.22 | 46.34 | 45.91 | 0.589 times |
| 24 Tue Dec 2024 | 46.29 | 46.19 | 46.36 | 45.99 | 0.562 times |
| 23 Mon Dec 2024 | 46.17 | 45.59 | 46.19 | 45.28 | 1.158 times |
| 20 Fri Dec 2024 | 45.79 | 45.00 | 45.83 | 44.69 | 1.296 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 47.5 as stoploss in an intra day sell trade for a target of 46.64. However, stock will show a bullish move above 47.5.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 43.39 |
| Downside Target | 44.69 |
| Downside Target | 47.07 |
| Upside Target | 47.95 |
| Upside Target | 48.14 |
| Upside Target | 48.21 |
| Upside Target | 48.42 |
| Upside Target | 48.68 |
| Upside Target | 49.18 |
| Upside Target | 50.37 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 46.86 |
| Downside Intraday Target | 46.4 |
| Upside Intraday Target | 48 |
| Upside Intraday Target | 48.68 |
| Upside Intraday Target | 47.54 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 47.33 | 48.19 | 48.21 | 47.07 | 0.331 times |
| 03 Fri Jan 2025 | 47.49 | 46.07 | 47.95 | 45.82 | 1.445 times |
| 27 Fri Dec 2024 | 46.26 | 45.59 | 46.41 | 45.28 | 0.412 times |
| 20 Fri Dec 2024 | 45.79 | 46.30 | 46.43 | 44.69 | 0.753 times |
| 13 Fri Dec 2024 | 46.47 | 48.37 | 48.68 | 46.03 | 7.606 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 |
| 06 Mon Jan 2025 | 47.33 | 46.75 | 48.21 | 46.67 | 0.159 times |
| 31 Tue Dec 2024 | 46.53 | 48.66 | 49.18 | 44.69 | 0.778 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 |
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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Transcanada Corporation in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Transcanada Corporation in short term but SELL signal is weak.
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 46.66 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Transcanada Corporation in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Transcanada Corporation in short term but SELL signal is weak.
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 46.66 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.