Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

TRANSCANADA (NYSE:TRP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_TRP
Open High Low TRP Price Change
40.90 40.97 40.22 40.24 -0.51
Entry Signal

MarketClub’s Trade Triangles for TRP

long term down The long term trend has been DOWN since Sep 21st, 2018 at 41.1392

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 43.8200

short term up The short term trend has been UP since Oct 16th, 2018 at 40.1200

Smart Scan Analysis for TRP

Based on a pre-defined weighted trend formula for chart analysis, TRP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.90 40.97 40.22 40.24 -0.51
Prev. Close Volume Bid Ask Time
40.75 622747 2018-10-22 14:01:43
Year High49.89Year High Date2018-01-05
Year Low38.6319Year Low Date2018-10-12
52wk High51.0752wk High Date2017-11-21
52wk Low38.631952wk Low Date2018-10-12
Year End Close47.32Average Volume1,306,589
Shares Outstanding704,950Short Interest4,367,453
% Institutional59.1AssetsM
LiabilitiesMBeta0.59
Volatility16.69
Want to analyze TRANSCANADA TRP or another symbol? Try our Free Stock Trend Analysis Report.