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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Transcanada Pipelines Ltd (TSE:TRP)

Bull Market Weakness (+75) - TRP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid TRP?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TRP
Open High Low TRP Price Change
51.24 52.06 51.20 51.97 +0.52
Entry Signal

MarketClub’s Trade Triangles for TRP

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 50.27

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 51.73

short term up The short-term trend has been UP since May 2nd, 2024 at 49.45

Smart Scan Analysis for TRP

Based on our trend formula, TRP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.24 52.06 51.20 51.97 +0.52
Prev. Close Volume Bid Ask Time
52.00 1636387 2024-05-08 15:59:33
Year High62.235Year High Date2018-01-03
Year Low48.92Year Low Date2018-10-30
52wk High63.2952wk High Date2017-12-08
52wk Low48.9252wk Low Date2018-10-30
Year End Close47.02Average Volume2,035,342
Volatility19.53Payment Date2019-04-30
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