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TRP forms 1,2,3 Retracement Bearish on October 29

TransCanada Corporation (TRP) Technical Analysis, Stock Scans & Trading Signals · Oct 29, 2025, 17:53 ET
TRP posted a 0.9% loss on Wednesday, October 29th, accompanied by 1.0× normal trading volume. Multiple bearish signals emerged — 1,2,3 Retracement Bearish, Non-ADX 1,2,3,4 Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 50.03, 49.7 & 49.18, with resistance at 50.89, 51.41 & 51.74. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of TRP: D

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