(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 4347780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 35.10 | 35.35 | 35.58 | 34.97 | 0.823 times |
| 16 Tue Apr 2024 | 35.19 | 35.83 | 35.96 | 35.16 | 1.312 times |
| 15 Mon Apr 2024 | 36.00 | 36.22 | 36.48 | 35.80 | 1.753 times |
| 12 Fri Apr 2024 | 36.11 | 36.60 | 36.86 | 36.02 | 1.065 times |
| 11 Thu Apr 2024 | 36.78 | 37.22 | 37.35 | 36.45 | 1.263 times |
| 10 Wed Apr 2024 | 37.16 | 38.06 | 38.06 | 37.00 | 0.955 times |
| 09 Tue Apr 2024 | 38.34 | 38.11 | 38.37 | 37.85 | 0.551 times |
| 08 Mon Apr 2024 | 38.08 | 38.33 | 38.37 | 37.92 | 1.039 times |
| 05 Fri Apr 2024 | 38.21 | 38.55 | 38.67 | 38.05 | 0.6 times |
| 04 Thu Apr 2024 | 38.74 | 39.39 | 39.55 | 38.67 | 0.484 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 34.5, for a target of 36.7 or 38.54
Share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Target | 34.97 |
| Upside Target | 36.02 |
| Upside Target | 39.95 |
| Upside Target | 40.13 |
| Upside Target | 40.29 |
| Upside Target | 40.52 |
| Upside Target | 40.59 |
| Upside Target | 40.63 |
| Upside Target | 40.72 |
| Upside Target | 41.03 |
Intraday share price targets for Transcanada Corporation (TRP)
| Target Type | Value |
| Downside Intraday Target | 34.55 |
| Downside Intraday Target | 34.01 |
| Upside Intraday Target | 36.06 |
| Upside Intraday Target | 37.03 |
| Upside Intraday Target | 35.52 |
Weekly technical analysis of Transcanada Corporation (TRP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 35.10 | 36.22 | 36.48 | 34.97 | 0.798 times |
| 12 Fri Apr 2024 | 36.11 | 38.33 | 38.37 | 36.02 | 0.971 times |
| 05 Fri Apr 2024 | 38.21 | 40.23 | 40.52 | 38.05 | 0.875 times |
| 28 Thu Mar 2024 | 40.20 | 40.40 | 40.72 | 38.92 | 1.834 times |
| 22 Fri Mar 2024 | 40.40 | 40.21 | 40.59 | 39.95 | 0.839 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 |
| 17 Wed Apr 2024 | 35.10 | 40.23 | 40.52 | 34.97 | 0.906 times |
| 28 Thu Mar 2024 | 40.20 | 39.44 | 41.03 | 38.92 | 1.416 times |
| 29 Thu Feb 2024 | 39.55 | 39.55 | 40.13 | 37.20 | 0.967 times |
| 31 Wed Jan 2024 | 39.43 | 39.00 | 40.29 | 38.28 | 0.795 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 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 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 SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 36.66 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 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 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 SELL signal for Transcanada Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 36.66 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.