Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, February 6, 2023.

Transcanada Pipelines Ltd (TSE:TRP)

Long-Term Downtrend (-90) - TRP is in a strong downtrend that is likely to continue. While TRP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open High Low TRP Price Change
55.99 56.32 55.42 56.09 +0.48
Entry Signal

MarketClub’s Trade Triangles for TRP

long term down The long-term trend has been DOWN since Jun 16th, 2022 at 67.54

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2023 at 54.35

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 57.40

Smart Scan Analysis for TRP

Based on our trend formula, TRP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.99 56.32 55.42 56.09 +0.48
Prev. Close Volume Bid Ask Time
57.55 2825239 2023-02-03 15:59:29
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.