TC ENERGY CORP (TRP.CA) Stock Technical Analysis
Canada - TSX:TRP - CA87807B1076 - Common Stock
Taking everything into account, TRP scores 4 out of 10 in our technical rating. In the last year, TRP 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 has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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62.56
3 important support areas can be observed.
- Support @67.08 from a trend line in the weekly time frame.
- Support @65.79 from a horizontal line in the weekly time frame.
- A support zone ranging from 63.19 to 64.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 71.73 to 72.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 76.89 to 76.89. 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 | DOWN | NEGATIVE | The short term trend for TRP.CA is down. |
| ChartMill Relative Strength | 50.72 | NEUTRAL | TRP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRP.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRP.CA is below 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) | 38.3 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests TRP.CA has a negative trend. |
| Stochastics (14,3) | 7.56 | OVERSOLD | The low Stochastics value suggests TRP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.7 | POSITIVE | The high ADX value value for TRP.CA suggests a strong trend. |
TSX:TRP (10/23/2025, 7:00:00 PM)
71.32
-1.18 (-1.63%)
TC ENERGY CORP / TRP.CA FAQ
Can you provide the ChartMill technical rating for TC ENERGY CORP?
ChartMill assigns a technical rating of 4 / 10 to TRP.CA.
What is the current trend direction of TC ENERGY CORP (TRP.CA) 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 38.3003. This indicates that the stock is currently neutral.
What is the short term momentum for TC ENERGY CORP (TRP.CA) stock?
The short term momentum for TC ENERGY CORP (TRP.CA) is negative.
What is the buy/sell signal for TRP stock?
The buy/sell signal for TC ENERGY CORP (TRP.CA) is hold as the short term and long term trends are mixed.