TC ENERGY CORP (TRP.CA) Technical Analysis

TSX:TRP • CA87807B1076

Current stock price

88.24 CAD
+0.63 (+0.72%)
Last:

TRP.CA Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to TRP. Both in the recent history as in the last year, TRP has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, TRP did better than 70% of all other stocks. On top of that, TRP also shows a nice and consistent pattern of rising prices.
  • TRP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TRP is leading the market.
  • TRP has an average volume of 4342870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • TRP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 208 stocks in the same industry.
  • In the last month TRP has a been trading in a tight range between 85.29 and 89.68.
  • Volume is considerably higher in the last couple of days.

TRP.CA Weekly and Daily overview Charts

TC ENERGY CORP / TRP Weekly stock chart
TC ENERGY CORP / TRP Daily stock chart

TRP.CA Setup Rating and Analysis

8

Besides having an excellent technical rating, TRP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.34, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.

TRP.CA Support and Resistance Analysis

63.34

89.89

We found 6 important support areas.

  • A support zone ranging from 85.74 to 87.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 77.73 to 78.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @73.13 from a trend line in the weekly time frame.
  • Support @71.64 from a horizontal line in the daily time frame.
  • Support @65.79 from a horizontal line in the weekly time frame.
  • Support @63.98 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 88.25 to 89.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

TRP.CA Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for TRP.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for TRP.CA is up.
ChartMill Relative Strength70.94POSITIVETRP.CA has a high relative strength, it outperformed 70.94% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TRP.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of TRP.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of TRP.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)61.84NEUTRALThe RSI value for TRP.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.21NEGATIVEThe MACD value suggests TRP.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)60.16NEUTRALThe Stochastics value for TRP.CA is a neutral value.
Average True Range in percent/ATR (20)1.81LOW VOLATILITYThe low ATR as a percentage value for TRP.CA suggests low volalility.
Average Directional Index/ADX (14)37.93POSITIVEThe high ADX value value for TRP.CA suggests a strong trend.

TRP.CA Chart- and CandleStick Pattern Analysis

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)

TRP.CA Example Setup

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.

ENTRYEXITDISTANCECAPITAL
89.0185.733.28 (3.68%)25.00%
An entry @89.01. This is a Buy Stop order right above the resistance zone.An exit @85.73. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.28 points, which is 3.68%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%.

  • 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.

TRP.CA Technicals: Chart, Performance Metrics, Trend & Indicators

TC ENERGY CORP / TRP Daily stock chart

TC ENERGY CORP

TSX:TRP (3/24/2026, 7:00:00 PM)

88.24

+0.63 (+0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.72%
1 Week0.73%
2 Weeks1.95%
1 Month1.54%
3 Month15.63%
6 Month18.55%
12 Month28.22%
2 Year62.09%
3 Year67.85%
5 Year53.17%
10 Year72.82%
15 Year124.47%
Volatility
ATR(14)1.5
ATR(20)%1.81%
ATR Inc57.32%
Range Today2.13
ADR(20)1.56
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.94
3 months CRS83.25
6 months CRS77.34
Mansfield1.8
10 Day High89.3
10 Day Low85.29
20 Day High89.68
20 Day Low85.29
52 Week High89.68
52 Week Low62.17
CS1 End87.34
CR1 Start88.25
Volume & EV
DER(3)0.05%
DER(5)0.57%
Volume15.46M
Volume Incr115.69%
Vol(5)8.27M
Vol(50)4.34M

TC ENERGY CORP / TRP.CA TA FAQ

Can you provide the ChartMill technical rating for TC ENERGY CORP?

ChartMill assigns a technical rating of 10 / 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 61.8389. 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 -0.211368, indicating a bearish trend.


What is the buy/sell signal for TRP stock?

The buy/sell signal for TC ENERGY CORP (TRP.CA) is buy as both the short term and long term trends are positive.