Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
grade F 45.91 -0.13% -0.06
TRP closed down 0.13 percent on Thursday, June 4, 2020, on 47 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Weak + Overbought Other 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction -0.13%
NR7 Range Contraction -0.13%
Doji - Bearish? Reversal -0.13%
Stochastic Reached Overbought Strength -0.13%
Weak + Overbought Other -0.13%
Weak, Overbought and Reversal Signs Reversal -0.13%

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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 Energy Infrastructure Economy Of North America 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

Indicators

Indicator Value
52 Week High 57.92
52 Week Low 32.37
Average Volume 2,302,152
200-Day Moving Average 49.62
50-Day Moving Average 44.87
20-Day Moving Average 44.61
10-Day Moving Average 44.32
Average True Range 1.48
ADX 10.36
+DI 24.17
-DI 25.26
Chandelier Exit (Long, 3 ATRs ) 43.76
Chandelier Exit (Short, 3 ATRs ) 45.30
Upper Bollinger Band 47.27
Lower Bollinger Band 41.94
Percent B (%b) 0.74
BandWidth 11.97
MACD Line 0.02
MACD Signal Line -0.25
MACD Histogram 0.2703
Fundamentals Value
Market Cap 39.98 Billion
Num Shares 871 Million
EPS 1.00
Price-to-Earnings (P/E) Ratio 45.91
Price-to-Sales 3.57
Price-to-Book 2.41
PEG Ratio 4.77
Dividend 2.01
Dividend Yield 4.38%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 46.90
Resistance 3 (R3) 46.91 46.58 46.74
Resistance 2 (R2) 46.58 46.33 46.58 46.68
Resistance 1 (R1) 46.25 46.18 46.42 46.24 46.62
Pivot Point 45.92 45.92 46.01 45.92 45.92
Support 1 (S1) 45.59 45.67 45.76 45.58 45.20
Support 2 (S2) 45.26 45.52 45.26 45.14
Support 3 (S3) 44.93 45.26 45.09
Support 4 (S4) 44.92