TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:TRP-PR-L
Overall TRP-PR-L gets a technical rating of 6 out of 10. In the last year, TRP-PR-L was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, TRP-PR-L is a bad performer in the overall market: 100% of all stocks are doing better.
- TRP-PR-L is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 95% are performing better than TRP-PR-L.
- Warning: TRP-PR-L has an average volume of 1010 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!
- In the last month TRP-PR-L has a been trading in the 20.08 - 21.69 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
TRP-PR-L has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.34, a Stop Loss order could be placed below this zone.
More info and screens
19.88
2 important support areas can be observed.
- A support zone ranging from 21.10 to 21.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.08 to 20.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.69 to 21.80. 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-L.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRP-PR-L.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TRP-PR-L.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRP-PR-L.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRP-PR-L.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.37 | NEUTRAL | The RSI value for TRP-PR-L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TRP-PR-L.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests TRP-PR-L.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for TRP-PR-L.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for TRP-PR-L.CA suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.81 | 21.09 | 0.72 (3.30%) | 25.00% |
| An entry @21.81. This is a Buy Stop order right above the resistance zone. | An exit @21.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.72 points, which is 3.30%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 8.509 PERP
TSX:TRP-PR-L (1/26/2026, 7:00:00 PM)
21.61
-0.07 (-0.32%)
TC ENERGY CORP - TRPCN 8.509 PERP / TRP-PR-L.CA FAQ
What is the ChartMill technical rating of TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to TRP-PR-L.CA.
Can you provide the trend direction for TC ENERGY CORP - TRPCN 8.509 PERP?
The current trend direction for TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) is Bullish.
Can you provide the RSI signal for TC ENERGY CORP - TRPCN 8.509 PERP?
TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) has an RSI value of 59.374. This indicates that the stock is currently neutral.
What is the MACD signal for TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) stock?
The MACD indicator for TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) has a value of -0.0627506, indicating a bearish trend.
What is the short term momentum for TRP-PR-L stock?
The short term momentum for TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) is positive.