TC ENERGY CORP (TRP) Stock Technical Analysis
USA - NYSE:TRP - CA87807B1076 - Common Stock
52.23 USD
+1.78 (+3.53%)
52.23 USD
0 (0%)
We assign a technical rating of 4 out of 10 to TRP. In the last year, TRP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
TRP has an average volume of 2245180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, TRP outperforms 65% of them, which is more or less in line with the market.
TRP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, TRP did better than 62% of them.
TRP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRP is lagging the market slightly.
In the last month TRP has a been trading in the 49.27 - 53.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRP has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
44.28
55.67
We found 2 important support areas.
- A support zone ranging from 49.49 to 52.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.73 to 45.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.12 to 55.12. 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 | NEUTRAL | NEUTRAL | The short term trend for TRP is neutral. |
| ChartMill Relative Strength | 65.13 | 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) | UP | POSITIVE | The current price of TRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.74 | NEUTRAL | The RSI value for TRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TRP has a positive trend. |
| Stochastics (14,3) | 60.53 | NEUTRAL | The Stochastics value for TRP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for TRP suggests low volalility. |
| Average Directional Index/ADX (14) | 27.18 | POSITIVE | The high ADX value value for TRP 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)
52.23
+1.78 (+3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.53%
1 Week4.13%
2 Weeks3.63%
1 Month-1.06%
3 Month5.79%
6 Month5.71%
12 Month7.12%
2 Year39.21%
3 Year17.42%
5 Year18.89%
10 Year65.34%
15 Year47.83%
Volatility
ATR(14)0.85
ATR(20)%1.55%
ATR Inc85.53%
Range Today1.51
ADR(20)0.78
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
CRS65.13
3 months CRS69.13
6 months CRS48.14
Mansfield-0.37
10 Day High52.23
10 Day Low49.27
20 Day High53.38
20 Day Low49.27
52 Week High55.37
52 Week Low43.51
CS1 End52.18
CR1 Start55.12
Volume & EV
DER(3)1.99%
DER(5)1.23%
Volume3.55M
Volume Incr8.61%
Vol(5)2.61M
Vol(50)2.25M
TC ENERGY CORP / TRP FAQ
Can you provide the ChartMill technical rating for TC ENERGY CORP?
ChartMill assigns a technical rating of 4 / 10 to TRP.
What is the current trend direction of TC ENERGY CORP (TRP) stock?
The current trend direction for TC ENERGY CORP (TRP) is Bearish.
What is the RSI signal for TC ENERGY CORP (TRP) stock?
TC ENERGY CORP (TRP) has an RSI value of 57.7426. This indicates that the stock is currently neutral.
What is the short term momentum for TC ENERGY CORP (TRP) stock?
The short term momentum for TC ENERGY CORP (TRP) is neutral.