Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
grade A 49.16 1.59% 0.77
TRP closed up 1.59 percent on Tuesday, May 21, 2019, on 1.37 times 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical TRP trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New Uptrend Bullish 1.59%
Jack-in-the-Box Bullish Bullish Swing Setup 1.59%
NR7 Range Contraction 1.59%
Upper Bollinger Band Walk Strength 1.59%

Older signals for TRP ...

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.
Configure default chart indicators
Basic chart:

Profile
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.
Energy Natural Gas Crude Oil Electricity S&P/Tsx 60 Index Economy Of Canada Natural Gas Storage Natural Gas Pipelines Transcanada Corporation Economy Of North America Energy Infrastructure Natural Gas Storage Facilities Crude Oil Pipeline System Tc Pipelines
Is TRP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 49.18
52 Week Low 34.58
Average Volume 1,260,445
200-Day Moving Average 42.5992
50-Day Moving Average 46.5306
20-Day Moving Average 47.5025
10-Day Moving Average 47.686
Average True Range 0.6919
ADX 27.58
+DI 28.2045
-DI 9.747
Chandelier Exit (Long, 3 ATRs ) 47.1043
Chandelier Exit (Short, 3 ATRs ) 48.2457
Upper Bollinger Band 48.8843
Lower Bollinger Band 46.1207
Percent B (%b) 1.1
BandWidth 5.817799
MACD Line 0.5561
MACD Signal Line 0.4123
MACD Histogram 0.1438
Fundamentals Value
Market Cap 42.81 Billion
Num Shares 871 Million
EPS 1.00
Price-to-Earnings (P/E) Ratio 49.16
Price-to-Sales 3.57
Price-to-Book 2.41
PEG Ratio 4.77
Dividend 2.01
Dividend Yield 4.09%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.14
Resistance 3 (R3) 50.03 49.61 49.97
Resistance 2 (R2) 49.61 49.36 49.66 49.92
Resistance 1 (R1) 49.38 49.20 49.50 49.49 49.86
Pivot Point 48.96 48.96 49.01 49.01 48.96
Support 1 (S1) 48.73 48.71 48.85 48.84 48.46
Support 2 (S2) 48.31 48.55 48.36 48.40
Support 3 (S3) 48.08 48.31 48.35
Support 4 (S4) 48.19