TC ENERGY CORP (TRP.CA) Stock Technical Analysis
TSX:TRP - Toronto Stock Exchange - CA87807B1076 - Common Stock - Currency: CAD
Overall TRP gets a technical rating of 2 out of 10. 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.
In the last month TRP has a been trading in the 64.67 - 71.12 range, which is quite wide. It is currently trading near the lows of this range.
TRP is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. TRP outperforms 73% of them.
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.
TRP has an average volume of 4812300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, TRP outperforms 62% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
The technical rating of TRP is bad and it also does not present a 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.
More info and screens
62.56
71.34
When analyzing the support we notice one important area.
- A support zone ranging from 63.19 to 64.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 67.49 to 68.41. 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 | DOWN | NEGATIVE | The short term trend for TRP.CA is down. |
| ChartMill Relative Strength | 62.82 | 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 | MIXED | The current price of TRP.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.99 | OVERSOLD | The low RSI value suggests TRP.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests TRP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.78 | OVERSOLD | The low Stochastics value suggests TRP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for TRP.CA suggests a possible start of a new 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 (6/23/2025, 7:00:00 PM)
64.83
-0.33 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.51%
1 Week-2.93%
2 Weeks-4.18%
1 Month-6.49%
3 Month-5.8%
6 Month-2.86%
12 Month25.01%
2 Year21.09%
3 Year-2.77%
5 Year11.78%
10 Year27.72%
15 Year82.06%
Volatility
ATR(14)1.05
ATR(20)%1.5%
ATR Inc-1.27%
Range Today1.67
ADR(20)0.97
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.82
Mansfield-0.4
10 Day High68.35
10 Day Low64.67
20 Day High71.12
20 Day Low64.67
52 Week High71.12
52 Week Low50.59
CS1 End64.48
CR1 Start67.49
Volume & EV
DER(3)-2.28%
DER(5)-2.03%
Volume19.12M
Volume Incr144.82%
Vol(5)9.43M
Vol(50)4.81M