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TC ENERGY CORP - TRPCN 4.939 PERP (TRP-PR-A.CA) Stock Technical Analysis

TSX:TRP-PR-A - Toronto Stock Exchange - CA87807B2066 - Currency: CAD

18.78  +0.08 (+0.43%)

Technical Rating and Analysis

9

Taking everything into account, TRP-PR-A scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRP-PR-A is showing a nice and steady performance.

Warning: TRP-PR-A has an average volume of 17659 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TRP-PR-A did better than 71% of all other stocks. We also observe that the gains produced by TRP-PR-A over the past year are nicely spread over this period.
TRP-PR-A is part of the Oil, Gas & Consumable Fuels industry. There are 221 other stocks in this industry. TRP-PR-A outperforms 83% of them.
TRP-PR-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TRP-PR-A has a been trading in a tight range between 18.46 and 18.86.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TC ENERGY CORP - TRPCN 4.939 PERP / TRP-PR-A Weekly stock chart
TC ENERGY CORP - TRPCN 4.939 PERP / TRP-PR-A Daily stock chart
Setup Rating and Analysis

8

TRP-PR-A has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.65, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.50

19.03

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 18.60 to 18.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 18.05 to 18.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.67 to 16.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 18.84 to 18.84. 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
CRS71.78
Mansfield0.17
10 Day High18.79
10 Day Low18.46
20 Day High18.86
20 Day Low18.46
52 Week High18.86
52 Week Low14.95
Performance
1 Week1.35%
2 Weeks-0.32%
1 Month1.46%
3 Month9.12%
6 Month15.36%
12 Month21.63%
2 Year28.72%
3 Year3.76%
5 Year37.58%
10 Year-6.38%
15 YearN/A
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)-0.01
RSI(14)59.13
LBB18.4
UBB18.84
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
18.8518.590.26 (1.38%)25.00%
An entry @18.85. This is a Buy Stop order right above the resistance zone.An exit @18.59. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.26 points, which is 1.38%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%.

  • The distance between exit and entry is rather small compared to the average daily movement of TRP-PR-A. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TC ENERGY CORP - TRPCN 4.939 PERP / TRP-PR-A Daily stock chart

TC ENERGY CORP - TRPCN 4.939 PERP

TSX:TRP-PR-A (2/14/2025, 7:00:00 PM)

18.78

+0.08 (+0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.43%
1 Week1.35%
2 Weeks-0.32%
1 Month1.46%
3 Month9.12%
6 Month15.36%
12 Month21.63%
2 Year28.72%
3 Year3.76%
5 Year37.58%
10 Year-6.38%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.88%
ATR Inc8.59%
Range Today0.15
ADR(20)0.14
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.78
Mansfield0.17
10 Day High18.79
10 Day Low18.46
20 Day High18.86
20 Day Low18.46
52 Week High18.86
52 Week Low14.95
CS1 End18.65
CR1 Start18.84
Volume & EV
DER(3)-0.27%
DER(5)0.39%
Volume5.24K
Volume Incr-38.76%
Vol(5)6.85K
Vol(50)17.66K