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(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 2025-01-15 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 1856992

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	46.89	47.18	47.39	46.73	1.887 times
14 Tue Jan 2025	46.37	46.00	46.64	45.73	1.534 times
13 Mon Jan 2025	45.96	46.74	46.74	45.72	1.919 times
10 Fri Jan 2025	46.70	47.85	47.85	46.26	1.365 times
08 Wed Jan 2025	47.79	47.66	48.08	47.35	0.679 times
08 Wed Jan 2025	47.79	47.66	48.08	47.35	0.679 times
07 Tue Jan 2025	47.77	47.50	48.02	47.50	0.724 times
06 Mon Jan 2025	47.33	48.19	48.21	47.07	0.979 times
03 Fri Jan 2025	47.49	47.73	47.95	47.31	0.622 times
02 Thu Jan 2025	47.37	46.75	47.52	46.67	0.811 times

My analysis of stock is bullish for shortterm, and stock might move up till 47.4 or till 48.3. Use a stoploss of 46.59 and if this stock hits its stoploss, then it can fall down till 45.81

Share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Target	43.39
Downside Target	44.69
Upside Target	47.39
Upside Target	47.95
Upside Target	48.08
Upside Target	48.14
Upside Target	48.21
Upside Target	48.42
Upside Target	49.18
Upside Target	50.37

Intraday share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Intraday Target	45.94
Downside Intraday Target	45
Upside Intraday Target	47.61
Upside Intraday Target	48.34
Downside Intraday Target	46.67

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	46.89	46.74	47.39	45.72	2.614 times
10 Fri Jan 2025	46.70	47.66	48.08	46.26	0.858 times
08 Wed Jan 2025	47.79	48.19	48.21	47.07	0.806 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

Price has moved up 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
15 Wed Jan 2025	46.89	46.75	48.21	45.72	0.74 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 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 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 mid to longer 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.

ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Transcanada Corporation in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 46.91 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.