(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 2024-08-13 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2155102
Date | Daily Closing Price | Open | High | Low | Volume |
13 Tue Aug 2024 | 43.89 | 43.59 | 43.90 | 43.49 | 1.428 times |
12 Mon Aug 2024 | 43.49 | 43.39 | 43.86 | 43.39 | 0.619 times |
09 Fri Aug 2024 | 43.30 | 43.57 | 43.64 | 43.11 | 0.881 times |
08 Thu Aug 2024 | 43.49 | 43.13 | 43.69 | 43.07 | 0.834 times |
07 Wed Aug 2024 | 43.08 | 43.26 | 43.71 | 42.95 | 1.115 times |
06 Tue Aug 2024 | 42.98 | 42.15 | 43.29 | 42.09 | 1.198 times |
05 Mon Aug 2024 | 42.22 | 41.15 | 42.56 | 41.08 | 1.187 times |
02 Fri Aug 2024 | 42.77 | 42.96 | 43.08 | 42.27 | 1.193 times |
01 Thu Aug 2024 | 43.05 | 42.41 | 43.41 | 42.34 | 1.391 times |
31 Wed Jul 2024 | 42.41 | 42.09 | 42.72 | 42.00 | 0.846 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.2, but if it comes below 43.2, then a intra day sell could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 42.2 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 44.5 as target.
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 | 41.69 |
Downside Target | 42.04 |
Downside Target | 42.72 |
Downside Target | 43.39 |
Downside Target | 43.41 |
Downside Target | 43.71 |
Upside Target | 43.90 |
Intraday share price targets for Transcanada Corporation (TRP)
Target Type | Value |
Downside Intraday Target | 43.55 |
Downside Intraday Target | 43.22 |
Upside Intraday Target | 44.06 |
Upside Intraday Target | 44.24 |
Downside Intraday Target | 43.73 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Tue Aug 2024 | 43.89 | 43.39 | 43.90 | 43.39 | 0.393 times |
09 Fri Aug 2024 | 43.30 | 41.15 | 43.71 | 41.08 | 1.035 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 |
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 |
13 Tue Aug 2024 | 43.89 | 42.41 | 43.90 | 41.08 | 0.321 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 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 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 short 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 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 gaining momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 positive zone. This is a BUY 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 43.06 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 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 short 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 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 gaining momentum.
MACD generated a BUY signal for Transcanada Corporation in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 positive zone. This is a BUY 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 43.06 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.