TC ENERGY CORP (TRP.CA) Technical Analysis
TSX:TRP • CA87807B1076
Current stock price
TRP.CA Technical Rating and Analysis
Overall TRP gets a technical rating of 7 out of 10. Although TRP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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 however is also trading near new highs, which makes the performance in line with the market.
- In the last month TRP has a been trading in the 81.00 - 91.50 range, which is quite wide. It is currently trading near the high of this range.
- TRP has an average volume of 6532150 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 66% of all stocks.
- TRP is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry, TRP did better than 50% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TRP.CA Weekly and Daily overview Charts
TRP.CA Setup Rating and Analysis
Although TRP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TRP.CA Support and Resistance Analysis
63.34
6 important support areas can be observed.
- A support zone ranging from 85.46 to 86.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.69 to 82.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.33 from a trend line in the weekly time frame.
- Support @71.64 from a horizontal line in the daily time frame.
- Support @65.79 from a horizontal line in the weekly time frame.
- Support @63.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 90.64 to 91.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRP.CA Technical Indicator Signal Analysis
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 | 66.5 | 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) | 67.06 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests TRP.CA has a positive trend. |
| Stochastics (14,3) | 88.67 | OVERBOUGHT | The high Stochastics value suggests TRP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for TRP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for TRP.CA suggests a possible start of a new trend. |
TRP.CA Chart- and CandleStick Pattern Analysis
TRP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TRP (5/1/2026, 7:00:00 PM)
90.63
-0.45 (-0.49%)
TC ENERGY CORP / TRP.CA TA FAQ
Can you provide the ChartMill technical rating for TC ENERGY CORP?
ChartMill assigns a technical rating of 7 / 10 to TRP.CA.
What is the trend direction for TRP stock?
The current trend direction for TC ENERGY CORP (TRP.CA) is Bullish.
Can you provide the RSI signal for TC ENERGY CORP?
TC ENERGY CORP (TRP.CA) has an RSI value of 67.0634. This indicates that the stock is currently neutral.
What is the short term momentum for TRP stock?
The short term momentum for TC ENERGY CORP (TRP.CA) is positive.
What is the support and resistance level for TRP stock?
TC ENERGY CORP (TRP.CA) has a support level at 86.71 and a resistance level at 90.64. Check the full technical report for our detailed analysis of TRP.CA support and resistance levels.