Tc Energy Corp (TRP): Price Now Near $46.78; Daily Chart Shows An Uptrend on 100 Day Basis

The Hourly View for TRP

Currently, TRP (Get Ratings)’s price is up $0.61 (1.31%) from the hour prior. This is the 3rd hour in a row TRP has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

TRP’s Technical Outlook on the Daily Chart

Currently, TRP’s price is up $1.32 (2.91%) from the day prior. This move is a reversal from the day prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Tc Energy Corp’s price action over the past 90 days can be seen via the chart below.

TRP

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market