TRP-PE.TO (TSX)

TRP-PE.TO TSX

TC Energy Cumulative redeemable first Pref

SELL

20.83

Prev.Close

20.95

Change

-0.1200

Change%

-0.57%

BEARISH THREE GAP UPS

Sold at

20.83

Open

20.90

High

20.90

Low

20.64

20.83

0.00%

Signal History

Date	Price	Signal	Change%		CAD100⇨
07/05	18.71	BUY	+11.3%		93
17/04	18.22	SHORT	+2.7%	❌	96
15/04	18.06	BUY	+0.9%	✔	96
10/03	19.55	SELL	-7.6%	✔	96
21/02	19.62	BUY	-0.4%	❌	96
19/02	19.48	SHORT	+0.7%	❌	98
14/02	19.68	BUY	-1.0%	❌	99
11/02	19.59	SHORT	+0.5%	❌	100
15/01	19.35	BUY	+1.2%	✔	99
10/01	19.22	SELL	+0.7%	❌	100
30/12	19.21	BUY	+0.1%	✔	100

† Trade commissions are taken as 0.25%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 20.93, and our valid average selling price now stands at 18.71. The previous BUY signal was issued on 17/04/2025, 20 days ago, when the stock price was 18.71. Since then, TRP-PE.TO has risen by +11.33%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		CAD100⇨
07/05	18.71	BUY	+11.3%		133
17/04	18.22	SHORT	+2.7%	❌	137
15/04	18.06	BUY	+0.9%	✔	137
10/03	19.55	SELL	-7.6%	✔	137
21/02	19.62	BUY	-0.4%	❌	138
19/02	19.48	SHORT	+0.7%	❌	140
14/02	19.68	BUY	-1.0%	❌	142
11/02	19.59	SHORT	+0.5%	❌	143
15/01	19.35	BUY	+1.2%	✔	142
10/01	19.22	SELL	+0.7%	❌	143
30/12	19.21	BUY	+0.1%	✔	143
17/12	19.14	SELL	+0.4%	❌	143
11/11	18.26	BUY	+4.8%	✔	137
24/10	18.79	SHORT	-2.8%	✔	134
18/10	18.95	BUY	-0.8%	❌	136
02/10	18.83	SELL	+0.6%	❌	136
04/09	18.64	BUY	+1.0%	✔	135
29/08	18.50	SELL	+0.8%	❌	135
08/08	17.50	BUY	+5.7%	✔	128
02/08	17.96	SHORT	-2.6%	✔	126
23/07	18.56	BUY	-3.2%	❌	130
08/07	18.25	SELL	+1.7%	❌	131
21/06	17.25	BUY	+5.8%	✔	124
05/06	18.71	SHORT	-7.8%	✔	116
16/05	18.56	BUY	+0.8%	✔	115
10/05	18.34	SELL	+1.2%	❌	115
29/04	17.88	BUY	+2.6%	✔	113
19/04	17.35	SHORT	+3.1%	❌	117
09/04	17.75	BUY	-2.3%	❌	120
04/04	17.53	SHORT	+1.3%	❌	122
06/03	16.95	BUY	+3.4%	✔	119
23/02	16.92	SELL	+0.2%	❌	119
02/01	15.29	BUY	+10.7%	✔ 👍	108
18/12	15.01	SHORT	+1.9%	❌	111
14/12	15.15	BUY	-0.9%	❌	112
05/12	15.30	SHORT	-0.9%	✔	112
16/11	15.06	BUY	+1.6%	✔	111
13/11	14.84	SELL	+1.5%	❌	111
24/10	14.16	BUY	+4.8%	✔	106
11/10	14.11	SHORT	+0.4%	❌	107