TC ENERGY CORP (TRP.CA) Stock Technical Analysis
TSX:TRP - CA87807B1076 - Common Stock
71.07 CAD
-0.81 (-1.13%)
Overall TRP gets a technical rating of 8 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 making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TRP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
TRP has an average volume of 6359870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TRP outperforms 46% 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 53% of 215 stocks in the same industry.
Besides having an excellent technical rating, TRP also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
62.56
72.67
We found 1 important support area.
- A support zone ranging from 63.19 to 65.79. 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 71.08 to 71.95. 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 | UP | POSITIVE | The short term trend for TRP.CA is up. |
| ChartMill Relative Strength | 46.41 | 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) | 59.84 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TRP.CA has a negative trend. |
| Stochastics (14,3) | 69.91 | NEUTRAL | The Stochastics value for TRP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.16 | POSITIVE | The high ADX value value for TRP.CA suggests a strong 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 (9/4/2025, 7:00:00 PM)
71.07
-0.81 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.13%
1 Week0.52%
2 Weeks-1.22%
1 Month3.87%
3 Month2.29%
6 Month7.85%
12 Month12.2%
2 Year52.15%
3 Year27.73%
5 Year27.14%
10 Year68.41%
15 Year86.19%
Volatility
ATR(14)1.01
ATR(20)%1.41%
ATR Inc31.6%
Range Today1.42
ADR(20)1
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.41
Mansfield-0.36
10 Day High72.35
10 Day Low69.72
20 Day High72.35
20 Day Low67.82
52 Week High72.35
52 Week Low53.2
CS1 End65.79
CR1 Start71.08
Volume & EV
DER(3)1.16%
DER(5)0.92%
Volume4.43M
Volume Incr24.98%
Vol(5)3.83M
Vol(50)6.36M