Logo image of TRP.CA

TC ENERGY CORP (TRP.CA) Stock Technical Analysis

TSX:TRP - Toronto Stock Exchange - CA87807B1076 - Common Stock - Currency: CAD

65.9  +0.8 (+1.23%)

Technical Rating and Analysis

2

Taking everything into account, TRP scores 2 out of 10 in our technical rating. TRP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

TRP is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry. TRP outperforms 80% of them.
TRP is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TRP slightly outperforms the market at the moment.
TRP has an average volume of 4961220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, TRP outperforms 69% of them, which is more or less in line with the market.
In the last month TRP has a been trading in the 62.55 - 67.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TC ENERGY CORP / TRP Weekly stock chart
TC ENERGY CORP / TRP Daily stock chart
Setup Rating and Analysis

5

TRP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 65.37, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

49.98

70.84

3 important support areas can be observed.

  • A support zone ranging from 63.19 to 65.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @54.50 from a trend line in the weekly time frame.
  • Support @50.48 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 69.65 to 70.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.13
Mansfield0.65
10 Day High66.71
10 Day Low62.55
20 Day High67.94
20 Day Low62.55
52 Week High70.32
52 Week Low48.12
Performance
1 Week1.82%
2 Weeks3%
1 Month-2.05%
3 Month-3.5%
6 Month4.04%
12 Month21.41%
2 Year25.36%
3 Year-6.54%
5 Year5.36%
10 Year21.68%
15 Year77.06%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)51.95
LBB62.83
UBB66.62
TC ENERGY CORP / TRP Daily stock chart

TC ENERGY CORP

TSX:TRP (3/7/2025, 7:00:00 PM)

65.9

+0.8 (+1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.23%
1 Week1.82%
2 Weeks3%
1 Month-2.05%
3 Month-3.5%
6 Month4.04%
12 Month21.41%
2 Year25.36%
3 Year-6.54%
5 Year5.36%
10 Year21.68%
15 Year77.06%
Volatility
ATR(14)1.32
ATR(20)%1.99%
ATR Inc27.34%
Range Today1.45
ADR(20)1.27
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.13
Mansfield0.65
10 Day High66.71
10 Day Low62.55
20 Day High67.94
20 Day Low62.55
52 Week High70.32
52 Week Low48.12
CS1 End65.37
CR1 Start69.65
Volume & EV
DER(3)2.09%
DER(5)1.79%
Volume1.89M
Volume Incr95.07%
Vol(5)6.65M
Vol(50)4.96M