Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
B 40.28 0.17% 0.07
TRP closed up 0.17 percent on Monday, March 18, 2024, on 1.17 times normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
Bollinger Band Squeeze Range Contraction 0.17%
BB Squeeze Started Range Contraction 0.17%
Inside Day Range Contraction 0.17%
Overbought Stochastic Strength 0.17%
Slingshot Bullish Bullish Swing Setup -0.22%
Overbought Stochastic Strength -0.22%
Overbought Stochastic Strength -1.37%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 14 hours ago
10 DMA Resistance about 14 hours ago
20 DMA Support about 18 hours ago
Fell Below Previous Day's Low about 18 hours ago
Possible Inside Day 4 days ago

Get this analysis on your stocks daily!

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 operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. The Natural Gas Pipelines segment owns and operates energy infrastructure, including natural gas pipelines and regulated natural gas storage facilities. Its natural gas pipeline systems consist of a network of approximately 57,000 kilometers (kms) of wholly owned natural gas pipelines, and approximately 11,500 kms of partially owned natural gas pipelines; and regulated natural gas storage facilities with a total capacity of 250 billion cubic feet (Bcf). The Oil Pipelines segment owns and operates Keystone crude oil pipeline system comprising 3,467 kilometers transporting crude oil from Hardisty, Alberta to Wood River and Patoka in Illinois; and to Cushing in Oklahoma. The Energy segment engages in the acquisition, development, construction, ownership, and operation of electrical power generation plants; purchase and marketing of electricity; provision of electricity account services to energy and industrial customers; and development, construction, ownership, and operation of natural gas storage in Alberta, Canada. It owns, controls, or develops approximately 11,800 megawatts of generation capacity powered by natural gas, nuclear, coal, hydro, wind, and solar assets; and owns and controls approximately 156 Bcf of unregulated natural gas storage capacity. TransCanada Corporation was founded in 1951 and is headquartered in Calgary, Canada.


Classification

Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Natural Gas Electricity Crude Oil S&P/Tsx 60 Index Energy Infrastructure Natural Gas Storage Gas Pipeline Natural Gas Pipeline Oil Pipeline Pipeline Systems Crude Oil Pipeline Gas Storage Facilities Natural Gas Storage Facilities Crude Oil Pipeline System Gas Pipeline System Natural Gas Pipeline System Hardisty Natural Gas Pipeline Systems

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 41.2257
52 Week Low 31.8352
Average Volume 2,291,872
200-Day Moving Average 37.03
50-Day Moving Average 39.33
20-Day Moving Average 39.99
10-Day Moving Average 40.35
Average True Range 0.52
RSI (14) 58.16
ADX 26.16
+DI 24.02
-DI 18.91
Chandelier Exit (Long, 3 ATRs) 39.48
Chandelier Exit (Short, 3 ATRs) 39.12
Upper Bollinger Bands 40.86
Lower Bollinger Band 39.12
Percent B (%b) 0.67
BandWidth 4.33
MACD Line 0.40
MACD Signal Line 0.39
MACD Histogram 0.0123
Fundamentals Value
Market Cap 41.77 Billion
Num Shares 1.04 Billion
EPS -0.11
Price-to-Earnings (P/E) Ratio -366.18
Price-to-Sales 2.83
Price-to-Book 1.68
PEG Ratio 0.26
Dividend 3.87
Dividend Yield 9.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.93
Resistance 3 (R3) 40.89 40.63 40.82
Resistance 2 (R2) 40.63 40.47 40.65 40.78
Resistance 1 (R1) 40.46 40.37 40.55 40.50 40.75
Pivot Point 40.20 40.20 40.25 40.22 40.20
Support 1 (S1) 40.03 40.04 40.12 40.07 39.81
Support 2 (S2) 39.77 39.94 39.79 39.78
Support 3 (S3) 39.60 39.77 39.74
Support 4 (S4) 39.64