(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 2024-10-02 View latest technical analysis
10 day averaged volume of Transcanada Corporation is 3419850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 44.03 | 44.46 | 44.73 | 43.43 | 1.081 times |
| 01 Tue Oct 2024 | 48.37 | 47.62 | 48.42 | 47.47 | 0.672 times |
| 30 Mon Sep 2024 | 47.55 | 46.96 | 47.70 | 46.87 | 0.766 times |
| 27 Fri Sep 2024 | 46.76 | 47.31 | 47.35 | 46.31 | 0.487 times |
| 26 Thu Sep 2024 | 47.90 | 47.58 | 48.14 | 47.41 | 0.908 times |
| 25 Wed Sep 2024 | 47.85 | 47.09 | 47.86 | 47.07 | 1.978 times |
| 24 Tue Sep 2024 | 47.02 | 47.31 | 47.42 | 46.73 | 0.511 times |
| 23 Mon Sep 2024 | 47.11 | 46.39 | 47.13 | 46.35 | 0.65 times |
| 20 Fri Sep 2024 | 46.18 | 45.01 | 46.22 | 44.75 | 2.104 times |
| 19 Thu Sep 2024 | 44.99 | 46.31 | 46.47 | 44.86 | 1.206 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 44.4, for a target of 45.6 or 46.59
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 37.07 |
| Downside Target | 40.25 |
| Downside Target | 41.08 |
| Downside Target | 42.72 |
| Upside Target | 44.75 |
| Upside Target | 47.00 |
| Upside Target | 47.24 |
| Upside Target | 47.39 |
| Upside Target | 48.14 |
| Upside Target | 48.42 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 42.17 |
| Downside Intraday Target | 40.3 |
| Upside Intraday Target | 47.16 |
| Upside Intraday Target | 50.28 |
| Upside Intraday Target | 45.29 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 44.03 | 46.96 | 48.42 | 43.43 | 0.556 times |
| 27 Fri Sep 2024 | 46.76 | 46.39 | 48.14 | 46.31 | 0.857 times |
| 20 Fri Sep 2024 | 46.18 | 46.84 | 47.00 | 44.75 | 0.942 times |
| 13 Fri Sep 2024 | 46.55 | 46.79 | 47.39 | 45.22 | 1.93 times |
| 06 Fri Sep 2024 | 46.69 | 45.88 | 47.24 | 45.64 | 4.792 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 |
| 02 Wed Oct 2024 | 44.03 | 47.62 | 48.42 | 43.43 | 0.092 times |
| 30 Mon Sep 2024 | 47.55 | 45.88 | 48.14 | 44.75 | 1.424 times |
| 30 Fri Aug 2024 | 46.34 | 42.41 | 46.40 | 41.08 | 0.695 times |
| 31 Wed Jul 2024 | 42.41 | 37.93 | 42.72 | 37.07 | 1.038 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 neutral. A longer time frame might give a better analysis.
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 SELL. 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.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 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 46.66 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.
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 SELL. 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.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 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 46.66 and Transcanada Corporation (TRP) stock is trading below this level. This means that stock is falling with high volumes. 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.