(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 2024-06-24 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2180440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 39.11 | 38.76 | 39.40 | 38.71 | 2.674 times |
| 21 Fri Jun 2024 | 38.49 | 38.17 | 38.58 | 38.03 | 1.046 times |
| 20 Thu Jun 2024 | 38.16 | 38.06 | 38.32 | 37.85 | 0.962 times |
| 18 Tue Jun 2024 | 38.11 | 38.27 | 38.55 | 38.07 | 0.681 times |
| 18 Tue Jun 2024 | 38.11 | 38.27 | 38.55 | 38.07 | 0.681 times |
| 17 Mon Jun 2024 | 38.20 | 38.65 | 38.65 | 38.19 | 0.944 times |
| 14 Fri Jun 2024 | 38.75 | 38.70 | 38.86 | 38.29 | 0.639 times |
| 13 Thu Jun 2024 | 38.94 | 39.06 | 39.20 | 38.84 | 1.18 times |
| 12 Wed Jun 2024 | 39.09 | 39.34 | 39.52 | 38.92 | 1.444 times |
| 11 Tue Jun 2024 | 38.70 | 38.85 | 38.92 | 38.51 | 1.199 times |
Stock of Transcanada Corporation (TRP) has showed a significant upmove. This could be a good time to enter in this stock!
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 39.3 as stoploss in an intra day sell trade for a target of 38.67. However, stock will show a bullish move above 39.3.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.95 |
| Downside Target | 37.20 |
| Downside Target | 38.92 |
| Upside Target | 39.31 |
| Upside Target | 39.40 |
| Upside Target | 39.52 |
| Upside Target | 40.13 |
| Upside Target | 40.25 |
| Upside Target | 40.52 |
| Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 38.75 |
| Downside Intraday Target | 38.38 |
| Upside Intraday Target | 39.44 |
| Upside Intraday Target | 39.76 |
| Downside Intraday Target | 39.07 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 39.11 | 38.76 | 39.40 | 38.71 | 0.995 times |
| 21 Fri Jun 2024 | 38.49 | 38.27 | 38.58 | 37.85 | 1.655 times |
| 18 Tue Jun 2024 | 38.11 | 38.65 | 38.65 | 38.07 | 0.286 times |
| 14 Fri Jun 2024 | 38.75 | 39.40 | 39.52 | 38.29 | 0.568 times |
| 07 Fri Jun 2024 | 39.37 | 38.45 | 40.25 | 37.93 | 1.642 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 Mon Jun 2024 | 39.11 | 38.45 | 40.25 | 37.85 | 0.876 times |
| 31 Fri May 2024 | 38.56 | 35.86 | 39.31 | 35.54 | 0.592 times |
| 30 Tue Apr 2024 | 35.85 | 40.23 | 40.52 | 34.95 | 1.443 times |
| 28 Thu Mar 2024 | 40.20 | 39.44 | 41.03 | 38.92 | 1.416 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal for Transcanada Corporation in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 38.7 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 positive
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal for Transcanada Corporation in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 38.7 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.