Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
grade F 62.06 0.88% 0.540
TRP closed up 0.88 percent on Wednesday, June 3, 2020, on 61 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up
Historical TRP trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.88%
MACD Bullish Signal Line Cross Bullish 0.88%
Pocket Pivot Bullish Swing Setup 0.88%
Narrow Range Bar Range Contraction 0.88%
NR7 Range Contraction 0.88%

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Profile

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Energy. The Company operates in three businesses: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines and Liquids Pipelines segments principally consist of its respective natural gas and liquids pipelines in Canada, the United States and Mexico, as well as its regulated natural gas storage operations in the United States. The Energy segment includes its power operations and the non-regulated natural gas storage business in Canada. TransCanada PipeLines Limited (TCPL) is its principal operating subsidiary.
Companies Energy Natural Gas S&P/Tsx 60 Index Energy Infrastructure Pipeline Transport Transcanada Corporation Natural Gas Storage

Is TRP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 76.58
52 Week Low 47.05
Average Volume 3,447,872
200-Day Moving Average 66.595
50-Day Moving Average 62.535
20-Day Moving Average 61.896
10-Day Moving Average 60.469
Average True Range 2.043
ADX 13.38
+DI 21.516
-DI 22.914
Chandelier Exit (Long, 3 ATRs ) 61.761
Chandelier Exit (Short, 3 ATRs ) 63.519
Upper Bollinger Band 66.403
Lower Bollinger Band 57.389
Percent B (%b) 0.52
BandWidth 14.563
MACD Line -0.604
MACD Signal Line -0.743
MACD Histogram 0.139
Fundamentals Value
Market Cap 54.06 Billion
Num Shares 871 Million
EPS 1.22
Price-to-Earnings (P/E) Ratio 50.87
Price-to-Sales 3.77
Price-to-Book 2.55
PEG Ratio 2.88
Dividend 1.99
Dividend Yield 3.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.170
Resistance 3 (R3) 63.177 62.813 62.985
Resistance 2 (R2) 62.813 62.531 62.810 62.923
Resistance 1 (R1) 62.437 62.356 62.625 62.430 62.862
Pivot Point 62.073 62.073 62.168 62.070 62.073
Support 1 (S1) 61.697 61.791 61.885 61.690 61.258
Support 2 (S2) 61.333 61.616 61.330 61.197
Support 3 (S3) 60.957 61.333 61.135
Support 4 (S4) 60.950