TC Energy Corporation Stock Forecast

Buy or Hold candidate since Apr 22, 2025 Gain 0.19%

The TC Energy Corporation stock price gained 0.192% on the last trading day (Wednesday, 23rd Apr 2025), rising from $67.78 to $67.91. During the last trading day the stock fluctuated 2.26% from a day low at $66.92 to a day high of $68.43. The price has risen in 7 of the last 10 days and is up by 6.94% over the past 2 weeks. Volume fell on the last day by -5 million shares and in total, 4 million shares were bought and sold for approximately $238.25 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.83% during the next 3 months and, with a 90% probability hold a price between $65.63 and $73.26 at the end of this 3-month period.

TRP.TO Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, April 17, 2025, and so far it has fallen -0.80%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The TC Energy Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $67.64 and $67.52. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Monday, June 03, 2024 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for TC Energy Corporation stock

TC Energy Corporation finds support from accumulated volume at $65.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.51 between high and low, or 2.26%. For the last week, the stock has had daily average volatility of 1.96%.

Our recommended stop-loss: $65.27 (-3.89%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (TRP.TO) For The Upcoming Trading Day Of Thursday 24th

For the upcoming trading day on Thursday, 24th we expect TC Energy Corporation to open at $67.75, and during the day (based on 14 day Average True Range), to move between $66.04 and $69.78, which gives a possible trading interval of +/-$1.87 (+/-2.75%) up or down from last closing price. If TC Energy Corporation takes out the full calculated possible swing range there will be an estimated 5.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $67.96 (0.07%) than the support at $65.14 (4.08%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is TC Energy Corporation stock A Buy?

TC Energy Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.636 Hold/Accumulate Downgraded

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Predicted Fair Opening Price

Predicted fair opening price on April 24, 2025 - $67.75 ( 0.231%).