(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 2024-08-05 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2394810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 42.22 | 41.15 | 42.56 | 41.08 | 1.068 times |
| 02 Fri Aug 2024 | 42.77 | 42.96 | 43.08 | 42.27 | 1.074 times |
| 01 Thu Aug 2024 | 43.05 | 42.41 | 43.41 | 42.34 | 1.251 times |
| 31 Wed Jul 2024 | 42.41 | 42.09 | 42.72 | 42.00 | 0.761 times |
| 30 Tue Jul 2024 | 41.94 | 41.91 | 41.97 | 41.69 | 0.663 times |
| 29 Mon Jul 2024 | 41.89 | 41.90 | 42.31 | 41.76 | 0.785 times |
| 26 Fri Jul 2024 | 41.97 | 41.59 | 41.98 | 41.43 | 1.182 times |
| 25 Thu Jul 2024 | 41.49 | 41.44 | 42.04 | 41.25 | 1.346 times |
| 24 Wed Jul 2024 | 41.40 | 41.48 | 41.88 | 41.26 | 0.996 times |
| 23 Tue Jul 2024 | 41.40 | 41.63 | 41.63 | 41.21 | 1.063 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 42.4 as stoploss in an intra day sell trade for a target of 40.83. However, stock will show a bullish move above 42.4.
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.95 |
| Downside Target | 37.07 |
| Downside Target | 38.91 |
| Downside Target | 40.25 |
| Downside Target | 41.08 |
| Downside Target | 41.15 |
| Downside Target | 41.69 |
| Downside Target | 42.04 |
| Upside Target | 42.56 |
| Upside Target | 42.72 |
| Upside Target | 43.41 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 41.35 |
| Downside Intraday Target | 40.47 |
| Upside Intraday Target | 42.83 |
| Upside Intraday Target | 43.43 |
| Downside Intraday Target | 41.95 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 42.22 | 41.15 | 42.56 | 41.08 | 0.235 times |
| 02 Fri Aug 2024 | 42.77 | 41.90 | 43.41 | 41.69 | 0.83 times |
| 26 Fri Jul 2024 | 41.97 | 41.08 | 42.04 | 40.99 | 1.037 times |
| 19 Fri Jul 2024 | 41.09 | 39.16 | 41.15 | 38.91 | 0.753 times |
| 12 Fri Jul 2024 | 39.01 | 37.73 | 39.24 | 37.07 | 2.772 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 |
| 05 Mon Aug 2024 | 42.22 | 42.41 | 43.41 | 41.08 | 0.123 times |
| 31 Wed Jul 2024 | 42.41 | 37.93 | 42.72 | 37.07 | 1.038 times |
| 28 Fri Jun 2024 | 37.90 | 38.45 | 40.25 | 37.40 | 1.127 times |
| 31 Fri May 2024 | 38.56 | 35.86 | 39.31 | 35.54 | 0.592 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 42.06 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Transcanada Corporation ( (TRP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 42.06 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.