(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.
10 day averaged volume of Transcanada Corporation is 2049946
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 46.29 | 46.19 | 46.36 | 45.99 | 0.342 times |
| 23 Mon Dec 2024 | 46.17 | 45.59 | 46.19 | 45.28 | 0.706 times |
| 20 Fri Dec 2024 | 45.79 | 45.00 | 45.83 | 44.69 | 0.79 times |
| 19 Thu Dec 2024 | 45.33 | 45.41 | 45.70 | 45.12 | 0.774 times |
| 18 Wed Dec 2024 | 45.10 | 46.17 | 46.19 | 45.09 | 0.845 times |
| 17 Tue Dec 2024 | 46.07 | 45.76 | 46.38 | 45.76 | 0.792 times |
| 16 Mon Dec 2024 | 46.04 | 46.30 | 46.43 | 45.80 | 1.296 times |
| 13 Fri Dec 2024 | 46.47 | 46.55 | 46.71 | 46.03 | 1.847 times |
| 12 Thu Dec 2024 | 46.78 | 47.19 | 47.38 | 46.60 | 1.069 times |
| 11 Wed Dec 2024 | 47.30 | 47.22 | 47.43 | 47.09 | 0.608 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 45.9 as stoploss in an intra day buy trade for a target of 47.48. However, stock will show a bearish move below 45.9.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 41.08 |
| Downside Target | 43.39 |
| Downside Target | 44.69 |
| Upside Target | 48.14 |
| Upside Target | 48.26 |
| Upside Target | 48.42 |
| Upside Target | 48.68 |
| Upside Target | 49.18 |
| Upside Target | 50.00 |
| Upside Target | 50.37 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 45.59 |
| Downside Intraday Target | 44.9 |
| Upside Intraday Target | 46.67 |
| Upside Intraday Target | 47.06 |
| Downside Intraday Target | 45.98 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Dec 2024 | 46.29 | 45.59 | 46.36 | 45.28 | 0.233 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 |
| 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 |
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 |
| 24 Tue Dec 2024 | 46.29 | 48.66 | 49.18 | 44.69 | 0.654 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 46.15 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 46.15 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 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.