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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 2025-02-04 View latest technical analysis

10 day averaged volume of Transcanada Corporation is 2053760

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	46.67	45.86	46.83	45.81	0.777 times
03 Mon Feb 2025	45.28	44.00	45.44	43.51	0.965 times
31 Fri Jan 2025	45.05	45.23	45.99	44.86	1.288 times
30 Thu Jan 2025	45.26	45.89	45.89	45.07	1.086 times
29 Wed Jan 2025	45.37	45.28	45.65	45.08	0.857 times
28 Tue Jan 2025	45.34	45.62	45.94	44.90	0.988 times
27 Mon Jan 2025	45.68	47.33	47.33	45.58	1.42 times
24 Fri Jan 2025	47.55	46.99	47.77	46.93	0.612 times
23 Thu Jan 2025	47.10	47.66	47.66	47.00	0.515 times
22 Wed Jan 2025	47.16	47.40	47.61	46.93	0.821 times

My analysis of stock is bullish for shortterm, and stock might move up till 47.4 or till 48.5. Use a stoploss of 46.52 and if this stock hits its stoploss, then it can fall down till 45.6

Share price targets for Transcanada Corporation (TRP)

Target Type	Value
Downside Target	43.39
Downside Target	44.69
Upside Target	46.93
Upside Target	47.33
Upside Target	47.45
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	44.51
Downside Intraday Target	42.35
Upside Intraday Target	47.83
Upside Intraday Target	48.99
Downside Intraday Target	45.67

Weekly technical analysis of Transcanada Corporation (TRP)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	46.67	44.00	46.83	43.51	0.309 times
31 Fri Jan 2025	45.05	47.33	47.33	44.86	1.661 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

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
04 Tue Feb 2025	46.67	44.00	46.83	43.51	0.073 times
31 Fri Jan 2025	45.05	46.75	48.64	44.86	1.735 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

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 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 Weak and stock is losing momentum.

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

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 45.85 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.