Technical Analysis for TRP - TransCanada Corporation

Grade Last Price % Change Price Change
B 37.56 -0.90% -0.34
TRP closed down 0.9 percent on Monday, July 1, 2024, on 58 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Cup with Handle Other 0.00%
Pocket Pivot Bullish Swing Setup -0.90%
Cup with Handle Other -0.90%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.76%
Pocket Pivot Bullish Swing Setup -0.76%
Cup with Handle Other -0.76%
NR7 Range Contraction -0.76%
Inside Day Range Contraction -0.76%
Gapped Up Strength -0.76%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 9 hours ago
20 DMA Resistance about 9 hours ago
Rose Above 10 DMA 3 days ago
Down 1% 3 days ago
10 DMA Resistance 3 days ago

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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 Energy Infrastructure S&P/Tsx 60 Index 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 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 39.7825
52 Week Low 30.7051
Average Volume 3,051,033
200-Day Moving Average 36.46
50-Day Moving Average 37.38
20-Day Moving Average 38.10
10-Day Moving Average 37.82
Average True Range 0.61
RSI (14) 46.24
ADX 11.37
+DI 23.74
-DI 22.64
Chandelier Exit (Long, 3 ATRs) 37.70
Chandelier Exit (Short, 3 ATRs) 38.81
Upper Bollinger Bands 39.13
Lower Bollinger Band 37.06
Percent B (%b) 0.24
BandWidth 5.45
MACD Line 0.04
MACD Signal Line 0.12
MACD Histogram -0.0761
Fundamentals Value
Market Cap 38.95 Billion
Num Shares 1.04 Billion
EPS -0.11
Price-to-Earnings (P/E) Ratio -341.45
Price-to-Sales 2.83
Price-to-Book 1.68
PEG Ratio 0.26
Dividend 3.87
Dividend Yield 10.30%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.52
Resistance 3 (R3) 38.61 38.39 38.36
Resistance 2 (R2) 38.39 38.14 38.34 38.31
Resistance 1 (R1) 37.97 37.99 37.86 37.88 38.25
Pivot Point 37.75 37.75 37.69 37.70 37.75
Support 1 (S1) 37.33 37.50 37.22 37.24 36.87
Support 2 (S2) 37.11 37.35 37.06 36.81
Support 3 (S3) 36.69 37.11 36.76
Support 4 (S4) 36.60