TC ENERGY CORP (TRP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TRP - CA87807B1076 - Common Stock
Overall TRP gets a technical rating of 4 out of 10. TRP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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
When analyzing the support we can see 5 important areas.
- Support @73.55 from a trend line in the daily time frame.
- Support @71.64 from a horizontal line in the daily time frame.
- A support zone ranging from 69.59 to 69.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 65.79 to 66.75. This zone is formed by a combination of multiple trend lines 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 one important area.
- A resistance zone ranging from 74.58 to 77.45. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 40.17 | 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) | 41.21 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TRP.CA has a negative trend. |
| Stochastics (14,3) | 35.51 | NEUTRAL | The Stochastics value for TRP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for TRP.CA suggests a weak or negative trend. |
TSX:TRP (1/7/2026, 7:00:00 PM)
73.64
-1.06 (-1.42%)
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 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 41.2056. 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 -0.179171, indicating a bearish trend.