TC ENERGY CORP (TRP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TRP - CA87807B1076 - Common Stock
We assign a technical rating of 6 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.
Although the technical rating is only medium, TRP does present a nice setup opportunity. 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 76.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 75.32, a Stop Loss order could be placed below this zone.
More info and screens
63.34
We found 5 important support areas.
- A support zone ranging from 73.83 to 75.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.64 from a horizontal line in the daily time frame.
- A support zone ranging from 69.81 to 70.16. 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.
- A support zone ranging from 63.98 to 64.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 76.89 to 77.45. 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.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRP.CA is neutral. |
| ChartMill Relative Strength | 46.36 | 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) | 51.86 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TRP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.42 | NEUTRAL | The Stochastics value for TRP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.71 | NEGATIVE | The low ADX value for TRP.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 |
|---|---|---|---|
| 77.46 | 73.82 | 3.64 (4.70%) | 21.28% |
| An entry @77.46. This is a Buy Stop order right above the resistance zone. | An exit @73.82. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.64 points, which is 4.70%. | When investing 21.28% 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.
TSX:TRP (1/13/2026, 7:00:00 PM)
75.54
+0.83 (+1.11%)
TC ENERGY CORP / TRP.CA FAQ
Can you provide the ChartMill technical rating for TC ENERGY CORP?
ChartMill assigns a technical rating of 6 / 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 51.8605. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TC ENERGY CORP?
The MACD indicator for TC ENERGY CORP (TRP.CA) has a value of -0.122293, indicating a bearish trend.