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 3 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.
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 6766940 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 comparing the performance of all stocks over the past year, TRP turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
TRP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 47% of 214 stocks in the same industry.
Although the technical rating is bad, TRP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 65.34, a Stop Loss order could be placed below this zone.
More info and screens
62.56
71.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 64.48 to 65.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.19 to 63.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- 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 | 41.2 | 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) | 47 | NEUTRAL | The RSI value for TRP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TRP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.11 | NEUTRAL | The Stochastics value for TRP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for TRP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.8 | 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 (7/17/2025, 7:00:00 PM)
65.59
-0.65 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.98%
1 Week1.52%
2 Weeks0.05%
1 Month0.26%
3 Month-4.19%
6 Month-4.33%
12 Month16.27%
2 Year38.79%
3 Year-3.93%
5 Year7.44%
10 Year29.04%
15 Year80.54%
Volatility
ATR(14)1.28
ATR(20)%1.78%
ATR Inc-26.93%
Range Today0.92
ADR(20)1.1
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.2
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 End65.34
CR1 Start69.65
Volume & EV
DER(3)-0.83%
DER(5)0.91%
Volume10.26M
Volume Incr-36.98%
Vol(5)7.09M
Vol(50)6.77M