Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
A 69.300 -0.90% -0.630
TRP closed up 1.27 percent on Monday, November 18, 2024, on 38 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.90%
New 52 Week High Strength -0.90%
Multiple of Ten Bearish Other -0.90%
Overbought Stochastic Strength -0.90%
Up 3 Days in a Row Strength -0.90%
Up 4 Days in a Row Strength -0.90%
Upper Bollinger Band Touch Strength -0.90%
Stochastic Reached Overbought Strength 0.36%
Overbought Stochastic Strength 0.36%
Up 3 Days in a Row Strength 0.36%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

TransCanada Corporation Description

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.


Classification

Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Energy Natural Gas S&P/Tsx 60 Index Infrastructure Pipe Storage Pipeline Liquids Energy Infrastructure Energy Segment Gas Storage Natural Gas Storage Natural Gas Pipeline Transcanada Corporation

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 70.24
52 Week Low 46.3515
Average Volume 6,731,008
200-Day Moving Average 55.448
50-Day Moving Average 64.218
20-Day Moving Average 66.577
10-Day Moving Average 68.164
Average True Range 1.258
RSI (14) 67.95
ADX 34.36
+DI 37.695
-DI 10.822
Chandelier Exit (Long, 3 ATRs) 66.468
Chandelier Exit (Short, 3 ATRs) 67.663
Upper Bollinger Bands 70.183
Lower Bollinger Band 62.970
Percent B (%b) 0.96
BandWidth 10.835
MACD Line 1.494
MACD Signal Line 1.276
MACD Histogram 0.2181
Fundamentals Value
Market Cap 65.73 Billion
Num Shares 940 Million
EPS 4.73
Price-to-Earnings (P/E) Ratio 14.79
Price-to-Sales 4.21
Price-to-Book 1.94
PEG Ratio 2.97
Dividend 3.24
Dividend Yield 4.63%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 71.805
Resistance 3 (R3) 71.700 70.970 71.493
Resistance 2 (R2) 70.970 70.493 71.023 71.388
Resistance 1 (R1) 70.450 70.198 70.710 70.555 71.284
Pivot Point 69.720 69.720 69.850 69.773 69.720
Support 1 (S1) 69.200 69.243 69.460 69.305 68.576
Support 2 (S2) 68.470 68.948 68.523 68.472
Support 3 (S3) 67.950 68.470 68.368
Support 4 (S4) 68.055