Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Transcanada Pipelines Ltd (TSE:TRP)

Sidelines Mode (-55) - TRP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
62.32 63.75 61.05 63.46 +2.81
Entry Signal

MarketClub’s Trade Triangles for TRP

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 66.19

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2020 at 71.93

short term up The short-term trend has been UP since Mar 25th, 2020 at 59.04

Smart Scan Analysis for TRP

Based on our trend formula, TRP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.32 63.75 61.05 63.46 +2.81
Prev. Close Volume Bid Ask Time
58.27 1655981 2020-04-06 15:59:45
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
Get a free daily analysis and signals for Transcanada Pipelines Ltd (TRP) - Request Your Free Report.