(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.
10 day averaged volume of Transcanada Corporation is 2861330
Date | Daily Closing Price | Open | High | Low | Volume |
11 Fri Oct 2024 | 45.67 | 45.11 | 45.93 | 45.06 | 1.849 times |
10 Thu Oct 2024 | 45.06 | 45.31 | 45.31 | 44.91 | 0.368 times |
09 Wed Oct 2024 | 45.20 | 44.35 | 45.29 | 44.14 | 1.075 times |
08 Tue Oct 2024 | 44.69 | 44.86 | 44.90 | 44.35 | 0.873 times |
07 Mon Oct 2024 | 44.86 | 45.05 | 45.37 | 44.59 | 1.861 times |
04 Fri Oct 2024 | 45.11 | 44.26 | 45.19 | 44.10 | 1.502 times |
03 Thu Oct 2024 | 44.35 | 44.02 | 44.47 | 43.39 | 0.727 times |
02 Wed Oct 2024 | 44.03 | 44.46 | 44.73 | 43.43 | 1.292 times |
01 Tue Oct 2024 | 48.37 | 47.62 | 48.42 | 47.47 | 0.804 times |
30 Mon Sep 2024 | 47.55 | 46.96 | 47.70 | 46.87 | 0.916 times |
My analysis of stock is bearish for shortterm, and stock might move down till 44.8 or till 43.3. Use a stoploss of 46.09 and if the stock hits stoploss, then it can shoot up till 47.35
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 | 46.31 |
Upside Target | 46.40 |
Upside Target | 47.00 |
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 | 44.56 |
Downside Intraday Target | 43.46 |
Upside Intraday Target | 46.35 |
Upside Intraday Target | 47.04 |
Downside Intraday Target | 45.25 |
Weekly technical analysis of Transcanada Corporation (TRP)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Fri Oct 2024 | 45.67 | 45.05 | 45.93 | 44.14 | 1.15 times |
04 Fri Oct 2024 | 45.11 | 46.96 | 48.42 | 43.39 | 0.967 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 |
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 |
11 Fri Oct 2024 | 45.67 | 47.62 | 48.42 | 43.39 | 0.453 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Transcanada Corporation in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 45.39 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Transcanada Corporation in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 45.39 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 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.