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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 2025-01-21 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 2573070

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	47.45	47.63	48.64	47.40	1.156 times
17 Fri Jan 2025	47.40	45.99	47.45	45.95	1.33 times
17 Fri Jan 2025	47.40	45.99	47.45	45.95	1.33 times
16 Thu Jan 2025	46.17	46.56	46.76	45.97	0.999 times
15 Wed Jan 2025	46.89	47.18	47.39	46.73	1.362 times
14 Tue Jan 2025	46.37	46.00	46.64	45.73	1.107 times
13 Mon Jan 2025	45.96	46.74	46.74	45.72	1.385 times
10 Fri Jan 2025	46.70	47.85	47.85	46.26	0.985 times
08 Wed Jan 2025	47.79	47.66	48.08	47.35	0.49 times
08 Wed Jan 2025	47.79	47.66	48.08	47.35	0.49 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 46.9. 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	45.72
Upside Target	48.08
Upside Target	48.14
Upside Target	48.21
Upside Target	48.42
Upside Target	48.64
Upside Target	49.18
Upside Target	50.37

Intraday share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Intraday Target	47.02
Downside Intraday Target	46.59
Upside Intraday Target	48.26
Upside Intraday Target	49.07
Upside Intraday Target	47.83

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	47.45	47.63	48.64	47.40	0.869 times
17 Fri Jan 2025	47.40	45.99	47.45	45.95	0.215 times
17 Fri Jan 2025	47.40	46.74	47.45	45.72	4.193 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

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
21 Tue Jan 2025	47.45	46.75	48.64	45.72	1.181 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Transcanada Corporation stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 46.9 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 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.