TC ENERGY CORP (TRP) Stock Technical Analysis
NYSE:TRP - New York Stock Exchange, Inc. - CA87807B1076 - Common Stock - Currency: USD
Overall TRP gets a technical rating of 1 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 46.29 - 50.09 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 2607960 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 49% 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 64% of 210 stocks in the same industry.
TRP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRP is lagging the market.
Although the technical rating is bad, TRP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 46.98, a Stop Loss order could be placed below this zone.
More info and screens
43.84
51.92
We found 2 important support areas.
- A support zone ranging from 46.85 to 47.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.28 to 45.11. 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 48.10 to 48.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.23 to 51.41. 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 is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRP is down. |
| ChartMill Relative Strength | 49.79 | NEUTRAL | TRP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TRP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.43 | NEUTRAL | The RSI value for TRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TRP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.67 | NEUTRAL | The Stochastics value for TRP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for TRP suggests some volalility. |
| Average Directional Index/ADX (14) | 12.45 | NEGATIVE | The low ADX value for TRP 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)
NYSE:TRP (7/22/2025, 1:48:37 PM)
47.86
+0.43 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.91%
1 Week-2.09%
2 Weeks0.06%
1 Month0%
3 Month-4.37%
6 Month-0.25%
12 Month13.01%
2 Year32.23%
3 Year-11.05%
5 Year4.01%
10 Year21.9%
15 Year34.17%
Volatility
ATR(14)0.88
ATR(20)%2.04%
ATR Inc-44.81%
Range Today0.43
ADR(20)0.9
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.79
Mansfield-0.75
10 Day High48.91
10 Day Low46.29
20 Day High50.09
20 Day Low46.29
52 Week High51.99
52 Week Low41.08
CS1 End46.98
CR1 Start47.67
Volume & EV
DER(3)2.27%
DER(5)0.29%
Volume524.72K
Volume Incr-30.33%
Vol(5)2.43M
Vol(50)2.61M