Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
grade A 45.245 -1.13% -0.52
TRP closed up 0.42 percent on Wednesday, March 20, 2019, on 69 percent of normal volume. 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 Flat
See historical TRP trend table...

Date Alert Name Type % Chg
Mar 20 New 52 Week Closing High Bullish -1.13%
Mar 20 Slingshot Bullish Bullish Swing Setup -1.13%
Mar 20 Spinning Top Other -1.13%
Mar 20 Bollinger Band Squeeze Range Contraction -1.13%
Mar 20 BB Squeeze + Upper Band Touch Range Contraction -1.13%
Mar 20 Above Upper BB Strength -1.13%
Mar 20 Overbought Stochastic Strength -1.13%
Mar 20 Upper Bollinger Band Touch Strength -1.13%
Mar 19 Bollinger Band Squeeze Range Contraction -0.71%
Mar 19 New 52 Week High Strength -0.71%

Older signals for TRP ...

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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 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 46.13
52 Week Low 34.58
Average Volume 1,341,993
200-Day Moving Average 41.8371
50-Day Moving Average 43.0468
20-Day Moving Average 44.9885
10-Day Moving Average 45.222
Average True Range 0.5825
ADX 39.24
+DI 30.2333
-DI 12.1505
Chandelier Exit (Long, 3 ATRs ) 44.3825
Chandelier Exit (Short, 3 ATRs ) 44.4775
Upper Bollinger Band 45.7115
Lower Bollinger Band 44.2655
Percent B (%b) 1.03
BandWidth 3.214155
MACD Line 0.768
MACD Signal Line 0.8126
MACD Histogram -0.0446
Fundamentals Value
Market Cap 39.85 Billion
Num Shares 871 Million
EPS 1.00
Price-to-Earnings (P/E) Ratio 45.76
Price-to-Sales 3.57
Price-to-Book 2.41
PEG Ratio 4.77
Dividend 2.01
Dividend Yield 4.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 46.99
Resistance 3 (R3) 46.95 46.50 46.79
Resistance 2 (R2) 46.50 46.19 46.52 46.72
Resistance 1 (R1) 46.13 45.99 46.32 46.17 46.65
Pivot Point 45.68 45.68 45.77 45.70 45.68
Support 1 (S1) 45.31 45.37 45.50 45.35 44.87
Support 2 (S2) 44.86 45.17 44.88 44.80
Support 3 (S3) 44.49 44.86 44.74
Support 4 (S4) 44.53