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(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 2025-06-02 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 1508080

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	51.40	50.65	51.46	50.52	1.872 times
30 Fri May 2025	50.64	49.83	50.71	49.66	2.069 times
29 Thu May 2025	49.85	49.94	50.23	49.70	1.041 times
28 Wed May 2025	49.89	50.00	50.14	49.80	0.824 times
27 Tue May 2025	50.09	50.60	50.77	50.03	0.97 times
23 Fri May 2025	50.45	49.54	50.50	49.54	0.856 times
22 Thu May 2025	49.51	49.50	49.73	49.29	0.894 times
21 Wed May 2025	49.84	50.13	50.29	49.25	0.96 times
20 Tue May 2025	50.06	49.79	50.19	49.12	1.024 times
19 Mon May 2025	49.47	49.57	49.68	49.14	0.844 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 51.7, for a target of 50.7 or 49.87

Share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Target	43.51
Downside Target	47.51
Downside Target	48.90
Downside Target	50.50
Downside Target	50.52
Downside Target	50.77
Downside Target	51.34
Upside Target	51.46

Intraday share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Intraday Target	50.79
Downside Intraday Target	50.19
Upside Intraday Target	51.73
Upside Intraday Target	52.07
Downside Intraday Target	51.13

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	51.40	50.65	51.46	50.52	0.382 times
30 Fri May 2025	50.64	50.60	50.77	49.66	1.071 times
23 Fri May 2025	50.45	49.57	50.50	49.12	0.948 times
16 Fri May 2025	49.84	49.62	50.17	47.92	0.916 times
09 Fri May 2025	49.41	50.69	51.34	48.90	0.713 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
02 Mon Jun 2025	51.40	50.65	51.46	50.52	0.084 times
30 Fri May 2025	50.64	49.97	51.34	47.92	0.512 times
30 Wed Apr 2025	50.41	47.04	50.50	43.59	1.466 times
31 Mon Mar 2025	47.21	45.02	49.60	44.40	1.226 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 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

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 50.28 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.