TC ENERGY CORP (TRP.CA) Technical Analysis
TSX:TRP • CA87807B1076
We assign a technical rating of 8 out of 10 to TRP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TRP is only an average performer.
- The long and short term trends are both positive. This is looking good!
- TRP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TRP is leading the market.
- In the last month TRP has a been trading in the 79.80 - 89.68 range, which is quite wide. It is currently trading near the high of this range.
- TRP has an average volume of 5178310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, TRP turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- TRP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 61% of 210 stocks in the same industry.
Besides having an excellent technical rating, TRP also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 86.69, a Stop Loss order could be placed below this zone.
More info and screens
63.34
When analyzing the support we can see 6 important areas.
- A support zone ranging from 84.65 to 86.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.55 to 77.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.83 from a horizontal line in the daily time frame.
- A support zone ranging from 71.41 to 71.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.79 from a horizontal line in the weekly time frame.
- Support @63.98 from a horizontal line in the weekly time frame.
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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRP.CA is up. |
| ChartMill Relative Strength | 67.53 | NEUTRAL | TRP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.8 | OVERBOUGHT | The high RSI value suggests TRP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests TRP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.63 | OVERBOUGHT | The high Stochastics value suggests TRP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.25 | POSITIVE | The high ADX value value for TRP.CA suggests a strong 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 |
|---|---|---|---|
| 89.69 | 84.08 | 5.61 (6.25%) | 15.99% |
| An entry @89.69. This is a Buy Stop order right above the 10 day high. | An exit @84.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.61 points, which is 6.25%. | When investing 15.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TRP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TRP (3/3/2026, 7:00:00 PM)
88.65
-0.35 (-0.39%)
TC ENERGY CORP / TRP.CA FAQ
Can you provide the ChartMill technical rating for TC ENERGY CORP?
ChartMill assigns a technical rating of 8 / 10 to TRP.CA.
What is the trend direction for TRP stock?
The current trend direction for TC ENERGY CORP (TRP.CA) is Bullish.
What is the RSI signal for TC ENERGY CORP (TRP.CA) stock?
TC ENERGY CORP (TRP.CA) has an RSI value of 73.802. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TC ENERGY CORP?
The MACD indicator for TC ENERGY CORP (TRP.CA) has a value of 0.186093, indicating a bearish trend.
What is the buy/sell signal for TRP stock?
The buy/sell signal for TC ENERGY CORP (TRP.CA) is buy as both the short term and long term trends are positive.