TC ENERGY CORP (TRP.CA) Stock Technical Analysis
TSX:TRP - Toronto Stock Exchange - CA87807B1076 - Common Stock - Currency: CAD
Taking everything into account, TRP scores 3 out of 10 in our technical rating. TRP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TRP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRP is lagging the market slightly.
In the last month TRP has a been trading in the 63.34 - 68.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TRP has an average volume of 6828490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, TRP outperforms 40% of them, which is more or less in line with the market.
TRP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 46% of 214 stocks in the same industry.
TRP has a bad technical rating, but it does show a decent setup pattern. 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 66.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 65.36, a Stop Loss order could be placed below this zone.
More info and screens
62.56
71.34
We found 2 important support areas.
- A support zone ranging from 64.48 to 65.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.19 to 63.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 66.32 to 67.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 69.65 to 70.63. 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 | NEUTRAL | NEUTRAL | The long term trend for TRP.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRP.CA is neutral. |
| ChartMill Relative Strength | 40.67 | 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) | DOWN | NEGATIVE | The current price of TRP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRP.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.58 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests TRP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.9 | NEUTRAL | The Stochastics value for TRP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.99 | NEGATIVE | The low ADX value for TRP.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:TRP (7/18/2025, 7:00:00 PM)
65.52
-0.07 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.11%
1 Week1.14%
2 Weeks0.14%
1 Month0.8%
3 Month-4.29%
6 Month-4.43%
12 Month16.15%
2 Year38.64%
3 Year-4.03%
5 Year7.32%
10 Year28.9%
15 Year80.35%
Volatility
ATR(14)1.12
ATR(20)%1.8%
ATR Inc-37.94%
Range Today0.69
ADR(20)1.11
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.67
Mansfield-0.83
10 Day High66.99
10 Day Low63.34
20 Day High68.39
20 Day Low63.34
52 Week High71.12
52 Week Low53.2
CS1 End65.36
CR1 Start66.32
Volume & EV
DER(3)-1.47%
DER(5)0.34%
Volume5.09M
Volume Incr-40.79%
Vol(5)6.78M
Vol(50)6.83M