TC ENERGY CORP - TRPCN 5.985 PERP (TRP-PR-D.CA) Stock Technical Analysis
Canada - TSX:TRP-PR-D - CA87807B8006
Overall TRP-PR-D gets a technical rating of 5 out of 10. In the last year, TRP-PR-D was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TRP-PR-D has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.46, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.90
We found 2 important support areas.
- A support zone ranging from 23.22 to 23.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.10 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.51 to 23.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TRP-PR-D.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRP-PR-D.CA is neutral. |
| ChartMill Relative Strength | 47.98 | NEUTRAL | TRP-PR-D.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRP-PR-D.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRP-PR-D.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRP-PR-D.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.16 | NEUTRAL | The RSI value for TRP-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRP-PR-D.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.87 | NEUTRAL | The Stochastics value for TRP-PR-D.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for TRP-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for TRP-PR-D.CA suggests a weak or negative trend. |
TC ENERGY CORP - TRPCN 5.985 PERP
TSX:TRP-PR-D (10/22/2025, 7:00:00 PM)
23.49
+0.04 (+0.17%)