Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-30 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 2309470

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	45.26	45.89	45.89	45.07	0.966 times
29 Wed Jan 2025	45.37	45.28	45.65	45.08	0.762 times
28 Tue Jan 2025	45.34	45.62	45.94	44.90	0.878 times
27 Mon Jan 2025	45.68	47.33	47.33	45.58	1.263 times
24 Fri Jan 2025	47.55	46.99	47.77	46.93	0.544 times
23 Thu Jan 2025	47.10	47.66	47.66	47.00	0.458 times
22 Wed Jan 2025	47.16	47.40	47.61	46.93	0.73 times
21 Tue Jan 2025	47.45	47.63	48.64	47.40	1.288 times
17 Fri Jan 2025	47.40	45.99	47.45	45.95	1.482 times
17 Fri Jan 2025	47.40	45.99	47.45	45.95	1.482 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 44.9, for a target of 45.9 or 46.8

Share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Target	43.39
Downside Target	44.69
Upside Target	47.45
Upside Target	48.08
Upside Target	48.14
Upside Target	48.42
Upside Target	48.64
Upside Target	49.18
Upside Target	50.37

Intraday share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Intraday Target	44.33
Downside Intraday Target	43.4
Upside Intraday Target	46.76
Upside Intraday Target	48.26
Upside Intraday Target	45.83

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Jan 2025	45.26	47.33	47.33	44.90	1.281 times
24 Fri Jan 2025	47.55	47.63	48.64	46.93	2.038 times
17 Fri Jan 2025	47.40	45.99	47.45	45.95	0.215 times
17 Fri Jan 2025	47.40	46.74	47.45	45.72	4.193 times
10 Fri Jan 2025	46.70	47.66	48.08	46.26	0.858 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
30 Thu Jan 2025	45.26	46.75	48.64	44.90	1.641 times
31 Tue Dec 2024	46.53	48.66	49.18	44.69	0.778 times
26 Tue Nov 2024	48.74	46.76	50.37	46.09	0.636 times
31 Thu Oct 2024	46.51	47.62	48.42	43.39	0.869 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Transcanada Corporation ( (TRP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Transcanada Corporation ( (TRP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Transcanada Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Transcanada Corporation in short term and the sell signal is strong.

Transcanada Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Transcanada Corporation in short term but BUY signal is weak.

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 46.61 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.