(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 2024-08-19 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 2217736
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 44.89 | 44.49 | 44.96 | 44.44 | 0.871 times |
| 16 Fri Aug 2024 | 44.40 | 43.83 | 44.48 | 43.69 | 0.895 times |
| 15 Thu Aug 2024 | 43.81 | 43.68 | 43.86 | 43.62 | 1.352 times |
| 14 Wed Aug 2024 | 43.67 | 43.93 | 43.99 | 43.59 | 0.696 times |
| 13 Tue Aug 2024 | 43.89 | 43.59 | 43.90 | 43.49 | 1.388 times |
| 12 Mon Aug 2024 | 43.49 | 43.39 | 43.86 | 43.39 | 0.602 times |
| 09 Fri Aug 2024 | 43.30 | 43.57 | 43.64 | 43.11 | 0.856 times |
| 08 Thu Aug 2024 | 43.49 | 43.13 | 43.69 | 43.07 | 0.811 times |
| 07 Wed Aug 2024 | 43.08 | 43.26 | 43.71 | 42.95 | 1.083 times |
| 06 Tue Aug 2024 | 42.98 | 42.15 | 43.29 | 42.09 | 1.164 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 45.1, for a target of 43.9 or 42.88
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.95 |
| Downside Target | 37.07 |
| Downside Target | 39.31 |
| Downside Target | 40.25 |
| Downside Target | 42.72 |
| Downside Target | 43.39 |
| Downside Target | 43.41 |
| Downside Target | 43.71 |
| Downside Target | 44.44 |
| Downside Target | 44.48 |
| Upside Target | 44.96 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 44.57 |
| Downside Intraday Target | 44.24 |
| Upside Intraday Target | 45.09 |
| Upside Intraday Target | 45.28 |
| Downside Intraday Target | 44.76 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 44.89 | 44.49 | 44.96 | 44.44 | 0.177 times |
| 16 Fri Aug 2024 | 44.40 | 43.39 | 44.48 | 43.39 | 0.974 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 |
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 |
| 19 Mon Aug 2024 | 44.89 | 42.41 | 44.96 | 41.08 | 0.449 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 43.69 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 43.69 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.