Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

TRANSCANADA PIPELINES LTD (TSE:TRP)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

TSE_TRP
Open High Low TRP Price Change
57.53 57.91 57.40 57.65 +0.15
Entry Signal

MarketClub’s Trade Triangles for TRP

long term up The long term trend has been UP since Jun 20th, 2018 at 57.72

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2018 at 57.27

short term down The short term trend has been DOWN since Aug 8th, 2018 at 57.36

Smart Scan Analysis for TRP

Based on a pre-defined weighted trend formula for chart analysis, TRP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for TRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.53 57.91 57.40 57.65 +0.15
Prev. Close Volume Bid Ask Time
57.5 509982 2018-08-16 11:27:05
Year High62.235Year High Date2018-01-03
Year Low50.28Year Low Date2018-04-04
52wk High65.1852wk High Date2017-11-21
52wk Low50.2852wk Low Date2018-04-04
Year End Close47.02Average Volume1,730,730
Volatility20.14
Want to analyze TRANSCANADA PIPELINES LTD TRP or another symbol? Try our Free Stock Trend Analysis Report.