TRP technical analysis
TRP Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
TRP Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- TRP
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 63.86 | August 5, 2026 | - | Verified |
| Verification series | 63.86 | August 5, 2026 | 0.00% | Verified |
Bottom line
TRP Technical Analysis Summary
TRP (TC Energy) is in a short-term corrective pullback inside a longer-term uptrend at the August 5, 2026 cutoff. The daily close of 63.86 is below SMA20 at 68.10 and SMA50 at 67.90 but remains above SMA200 at 60.47. Daily RSI14 at 32.57 is approaching oversold and the MACD histogram is negative at -0.57, with the latest bar closing below the lower Bollinger Band at 64.85. The completed weekly close of 67.43 is above the weekly SMA20 at 66.03, SMA50 at 59.10, and SMA200 at 43.66, keeping the longer-term structure bullish. Resistance sits at the 20-day and 52-week high of 70.90, while nearby support is the 20-day and 60-day low at 63.72 with SMA200 at 60.47 below. Volume on the latest daily bar was about 1.6x the 20-day average, showing elevated participation during the decline. The daily technical outlook is cautious while the weekly trend remains intact, so the setup reads as a correction within an uptrend rather than a full reversal.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed with a short-term bearish tilt. Price at 63.86 is below SMA20 (68.10) and SMA50 (67.90) but remains above SMA200 (60.47). The pullback has undercut the shorter-term averages while the 200-day average still holds, so the daily structure is corrective rather than broken.
- Momentum
- Weak and losing ground. RSI14 at 32.57 is approaching the oversold zone after the sharp decline. MACD at -0.62 is below its signal at -0.05 with a negative histogram at -0.57, confirming downside momentum on the daily timeframe.
- Volatility
- Moderate to elevated. ATR14 at 1.66 is 2.61% of price, reflecting wider-than-usual daily swings during the pullback. Bollinger Bands (64.85 to 71.35) show the close of 63.86 below the lower band, indicating price is stretched to the downside relative to the recent 20-day range.
- Volume
- Above average. Latest volume of 4,157,000 is about 1.56x the 20-period average of 2,657,105, indicating elevated participation during the recent decline.
Assessment
The daily chart shows a sharp short-term pullback from the 52-week high. Price has fallen below SMA20 and SMA50, RSI is approaching oversold, the MACD histogram is negative, and the close sits below the lower Bollinger Band. Elevated volume on the down move suggests genuine selling rather than quiet drift. The stock remains above SMA200, so this reads as a corrective move inside an intact longer-term uptrend. A stabilization near the 63.72 low or a reclaim of SMA20 at 68.10 would be needed before the daily picture turns constructive again.
Weekly (July 27, 2026 week)
- Trend
- Bullish on the longer timeframe. The completed weekly close of 67.43 is above SMA20 (66.03), SMA50 (59.10), and SMA200 (43.66), with all three averages in bullish alignment. The stock has pulled back from the 52-week high but remains well above the weekly averages, keeping the long-term uptrend intact.
- Momentum
- Neutral with a cooling bias. RSI14 at 56.27 is above the 50 midline but has rolled over from overbought levels. MACD at 2.86 is below its signal at 3.09 with a small negative histogram at -0.23, showing upside momentum is fading but not yet reversed.
- Volatility
- Moderate. ATR14 at 3.21 is 4.75% of price, reflecting typical weekly ranges. Bollinger Bands (59.89 to 72.16) are moderately wide, with the close in the upper half of the band range.
- Volume
- Below average. Weekly volume of 9,667,000 is about 78% of the 20-week average of 12,322,640, indicating reduced participation in the latest completed week.
Assessment
The weekly chart still favors the bulls. Price is above all three weekly moving averages and the 20-week return is positive at +7.90%, but the recent weeks have rolled over from the 70.90 high. The slightly negative MACD histogram and fading RSI suggest the pullback may extend for a few more weeks without necessarily breaking the uptrend. A weekly close back above the 20-week high of 70.90 would resume the advance, while a close below the 20-week low at 58.76 would signal a deeper correction.
Key indicators
TRP Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 32.57 | 56.27 |
| MACD (12, 26, 9) | -0.62 / -0.05 / -0.57 | 2.86 / 3.09 / -0.23 |
| ATR (14) | 1.66 (2.61%) | 3.21 (4.75%) |
| Bollinger Bands (20, 2) | 64.85 - 71.35 | 59.89 - 72.16 |
| SMA (20) | 68.10 | 66.03 |
| SMA (50) | 67.90 | 59.10 |
| SMA (200) | 60.47 | 43.66 |
Price structure
TRP Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 63.86 | 67.43 |
| 1-Period Return | -2.31% | -4.48% |
| 5-Period Return | -5.08% | -2.31% |
| 20-Period Return | -7.42% | +7.90% |
| 60-Period Return | -0.48% | +37.20% |
| 252-Period Return | +34.10% | +75.25% |
| 52-Week Low | 47.57 | 47.37 |
| 52-Week High | 70.90 | 70.90 |
| 52-Week Position | 69.82% | 85.26% |
Key levels
TRP Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 70.90 | 70.90 |
| 20-Period Low | 63.72 | 58.76 |
| 60-Period High | 70.90 | 70.90 |
| 60-Period Low | 63.72 | 45.07 |
Scenarios
TRP Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims SMA20 at 68.10 with above-average volume and moves back toward the 20-day and 52-week high at 70.90.
Invalidation
Price breaks below the 20-day low at 63.72 and fails to recover it within a few sessions.
What to watch
Daily RSI climbing back above 50, the MACD histogram turning positive, volume picking up on up days, and the weekly MACD histogram flattening toward zero.
Range-Bound
Trigger
Price consolidates between the 20-day low at 63.72 and SMA20 at 68.10, digesting the pullback before a directional move.
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI recovering between 40 and 55, the MACD histogram narrowing, volume returning toward the 20-day average, and price holding above SMA200 at 60.47.
Bearish
Trigger
Price breaks below the 20-day and 60-day low at 63.72 on increasing volume, opening a path toward SMA200 at 60.47 and then the 52-week low at 47.57.
Invalidation
Price reclaims SMA20 at 68.10 and the recent low holds.
What to watch
RSI falling below 30, the MACD histogram becoming more negative, volume expanding on down days, and a weekly close below the 20-week low at 58.76.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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