TC ENERGY CORP (TRP) Stock Technical Analysis
NYSE:TRP - New York Stock Exchange, Inc. - CA87807B1076 - Common Stock
We assign a technical rating of 7 out of 10 to TRP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRP is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, TRP did better than 70% of all other stocks.
TRP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRP is lagging the market slightly.
In the last month TRP has a been trading in the 44.69 - 48.21 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TRP has an average volume of 2201900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TRP is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, TRP did better than 64% of them.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, TRP also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 47.32, a Stop Loss order could be placed below this zone.
More info and screens
38.44
50.74
2 important support areas can be observed.
- A support zone ranging from 44.99 to 47.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.68 to 50.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.96
Mansfield0.23
10 Day High48.21
10 Day Low45.72
20 Day High48.21
20 Day Low44.69
52 Week High50.37
52 Week Low34.95
Performance
1 Week1.5%
2 Weeks0.06%
1 Month2.89%
3 Month-1.46%
6 Month15.36%
12 Month22.2%
2 Year9.87%
3 Year-8.23%
5 Year-13.54%
10 Year6.56%
15 Year48.54%
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)0.06
RSI(14)53.37
LBB45.73
UBB48.09
TC ENERGY CORP
NYSE:TRP (1/17/2025, 8:04:00 PM)
After market: 47.4 0 (0%)47.4
+1.23 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.66%
1 Week1.5%
2 Weeks0.06%
1 Month2.89%
3 Month-1.46%
6 Month15.36%
12 Month22.2%
2 Year9.87%
3 Year-8.23%
5 Year-13.54%
10 Year6.56%
15 Year48.54%
Volatility
ATR(14)0.96
ATR(20)%1.91%
ATR Inc42.49%
Range Today1.5
ADR(20)0.86
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.96
Mansfield0.23
10 Day High48.21
10 Day Low45.72
20 Day High48.21
20 Day Low44.69
52 Week High50.37
52 Week Low34.95
CS1 End47.32
CR1 Start49.68
Volume & EV
DER(3)0.68%
DER(5)0.78%
Volume3.42M
Volume Incr58.44%
Vol(5)3.18M
Vol(50)2.20M