Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
A 54.440 1.19% 0.640
TRP closed up 1.19 percent on Thursday, March 28, 2024, on 1.73 times normal volume. The bulls were able to push the stock to a new 52-week high.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
New 52 Week High Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish 1.19%
Hammer Candlestick Bullish 1.19%

   Recent Intraday Alerts

Alert Time
Up 1 ATR about 14 hours ago
New 52 Week High about 15 hours ago
Rose Above Upper Bollinger Band about 15 hours ago
Up 1% about 15 hours ago
Gap Up Partially Closed about 19 hours ago

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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 54.54
52 Week Low 41.3831
Average Volume 6,108,367
200-Day Moving Average 49.132
50-Day Moving Average 52.370
20-Day Moving Average 53.629
10-Day Moving Average 53.787
Average True Range 0.639
RSI (14) 65.16
ADX 22.47
+DI 25.567
-DI 25.228
Chandelier Exit (Long, 3 ATRs) 52.623
Chandelier Exit (Short, 3 ATRs) 54.138
Upper Bollinger Bands 54.406
Lower Bollinger Band 52.851
Percent B (%b) 1.02
BandWidth 2.901
MACD Line 0.482
MACD Signal Line 0.494
MACD Histogram -0.0119
Fundamentals Value
Market Cap 51.17 Billion
Num Shares 940 Million
EPS 4.73
Price-to-Earnings (P/E) Ratio 11.51
Price-to-Sales 4.21
Price-to-Book 1.94
PEG Ratio 2.97
Dividend 3.24
Dividend Yield 5.95%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 55.513
Resistance 3 (R3) 55.427 54.983 55.334
Resistance 2 (R2) 54.983 54.710 55.026 55.274
Resistance 1 (R1) 54.712 54.541 54.848 54.798 55.215
Pivot Point 54.268 54.268 54.336 54.311 54.268
Support 1 (S1) 53.997 53.995 54.133 54.083 53.665
Support 2 (S2) 53.553 53.826 53.596 53.606
Support 3 (S3) 53.282 53.553 53.546
Support 4 (S4) 53.368