Technical Analysis for TRP - Transcanada Corp

Grade Last Price % Change Price Change
grade A 54.55 7.11% 3.6200
TRP closed up 7.11 percent on Tuesday, January 21, 2020, on approximately normal volume. The bulls were able to push the stock to a new 52-week high.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up
Historical TRP trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
NR7 Range Contraction 7.11%
Gapped Down Weakness 7.11%
New 52 Week Closing High Bullish 5.51%
New 52 Week High Strength 5.51%
Up 3 Days in a Row Strength 5.51%
Up 4 Days in a Row Strength 5.51%
Up 5 Days in a Row Strength 5.51%
Older signals for TRP ...

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Profile

TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, and other businesses. It owns and operates wholly-owned natural gas pipelines of 81,500 kilometers and partially-owned natural gas pipelines of 11,100 kilometers; and regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. The company also owns and manages midstream assets that provide natural gas producer services, including gathering, treatment, conditioning, processing, and liquids handling with a focus on the Appalachian Basin. In addition, it owns and operates liquids pipelines infrastructure for the transportation of Alberta crude oil supplies to the refining markets in Illinois, Oklahoma, and the U.S. Gulf Coast, as well as U.S. crude oil supplies from the market hub at Cushing, Oklahoma to the U.S. Gulf Coast. Further, the company operates 10 power generation facilities with a power generation capacity of 6,615 megawatt powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, New Brunswick, and Arizona; and owns and operates approximately 118 billion cubic feet of unregulated natural gas storage capacity in Alberta. TransCanada Corporation was founded in 1951 and is headquartered in Calgary, Canada.
Energy Natural Gas Transportation S&P/Tsx 60 Index Natural Gas Pipelines Sempra Energy Energy Infrastructure Transcanada Corporation Gas Capacity Natural Gas Storage Facilities Crude Oil Supplies Liquids Pipelines Infrastructure Midstream Assets Natural Gas Producer Services Partially Owned Natural Gas Pipelines Transgas Unregulated Natural Gas Storage Capacity

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 54.68
52 Week Low 39.41
Average Volume 1,366,999
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.0000
10-Day Moving Average 46.0930
Average True Range 0.0000
ADX 0.0
+DI 0.0000
-DI 0.0000
Chandelier Exit (Long, 3 ATRs ) N/A
Chandelier Exit (Short, 3 ATRs ) N/A
Upper Bollinger Band 0.0000
Lower Bollinger Band 0.0000
Percent B (%b) 0.0
BandWidth 0.0000
MACD Line 0.7133
MACD Signal Line 0.1427
MACD Histogram 0.5706
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 55.2550
Resistance 3 (R3) 55.2200 54.9500 55.1375
Resistance 2 (R2) 54.9500 54.7705 54.9675 55.0983
Resistance 1 (R1) 54.7500 54.6595 54.8500 54.7850 55.0592
Pivot Point 54.4800 54.4800 54.5300 54.4975 54.4800
Support 1 (S1) 54.2800 54.3005 54.3800 54.3150 54.0408
Support 2 (S2) 54.0100 54.1895 54.0275 54.0017
Support 3 (S3) 53.8100 54.0100 53.9625
Support 4 (S4) 53.8450