TC Energy Corporation

Stage 4 · Declining · week 3

As of Oct 22, 2026, TC Energy is in Stage 4, the downtrend phase, now in week 3 (since Oct 6, 2026). It closed at $61.98, 11.3% below its 52-week high and below its 200-day average, which is rising.

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. More about the company

$61.98

-0.53% today

$64.6B · Large cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 14w

S2 15w

S2 31w

S2 16w

S2 50w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S4 14w → S1 6w → S2 15w → S3 10w → S2 31w → S3 7w → S2 16w → S3 6w → S2 50w → S3 7w → S4 2w current

Total tracked: 165 weeks across 11 stage runs.

TRP among Oil & Gas Midstream35th of 56 by relative strength

All 56 →

Stocks in Oil & Gas Midstream ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	INSWInternational Seaways, Inc.	Stage 2 · wk 65	98	+6.3%
2	TENTsakos Energy Navigation Ltd	Stage 2 · wk 9	97	+9.9%
3	FROFrontline Plc	Stage 2 · wk 38	97	+7.7%
4	NATNordic American Tankers Limited	Stage 2 · wk 16	97	−1.0%
5	NGLNGL ENERGY PARTNERS LP	Stage 3 · wk 2	97	−2.8%
6	PXSPyxis Tankers Inc.	Stage 2 · wk 11	97	+8.8%
7	DHTDHT Holdings, Inc.	Stage 2 · wk 17	96	+13.3%
8	BWLPBW LPG Limited	Stage 2 · wk 40	96	+1.8%
…35	TRPTC Energy Corporation	Stage 4 · wk 3	73	+4.1%

vs 52W High

-11.3%

$48.33 lo$69.85 hi

11.3% below 52W high, failed near resistance

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 3

1w13w26w

Week 3, early Stage 4 decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-0.6%

200 DMA: $62.35 · rising

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

1.31x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↗

Short-term trend rising gently

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+4.1%

-11.3%

+3.8%

YTD

+14.2%

+24.3%

Scan Membership

Breakout Watch

Latest: 2025-03-26

7 appearances in last 60 days. First seen: 2019-03-04.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 3 · Vol 1.31x

2026-10-21S4

Wk 3 · Vol 0.90x

2026-10-20S4

Wk 3 · Vol 0.95x

2026-10-19S4

Wk 2 · Vol 1.31x

2026-10-16S4

Wk 2 · Vol 1.13x

2026-10-15S4

Wk 2 · Vol 1.24x

2026-10-14S4

Wk 2 · Vol 0.75x

2026-10-13S4

Wk 2 · Vol 1.14x

2026-10-12S4

Wk 1 · Vol 0.23x

2026-10-09S4

Wk 1 · Vol 0.50x

2026-10-08S4

Wk 1 · Vol 0.79x

2026-10-07S4

Wk 1 · Vol 0.84x

Moving averages & range

50 DMA

$60.86

200 DMA

$62.35

52W High

$69.85

52W Low

$48.33

5D Low

$60.69

Resistance levels (recent highs)

20d High

$62.31

60d High

$67.37

120d High

$69.85

250d High

$69.85

Next resistance

+0.5%

to 20d High

P/E (TTM)

24.4

Forward 22.2

Earnings Growth (YoY)

+18.3%

Revenue +5.7%

ROE

+11.8%

Profit margin +22.9%

Dividend Yield

4.00%

P/B 3.6

TC Energy: quick answers

What stage is TC Energy in?

As of Oct 22, 2026, TC Energy (TRP) is in Stage 4, the downtrend phase. It entered Stage 4 on Oct 6, 2026 and is in week 3. What the four stages mean

Is TC Energy in an uptrend?

No. TC Energy is in a Stage 4 downtrend. It trades 0.6% below its 200-day average, which is rising.

How far is TC Energy from its 52-week high?

TC Energy closed at $61.98 on Oct 22, 2026, 11.3% below its 52-week high of $69.85. Its 52-week low is $48.33.

How has TC Energy performed over the past year?

As of Oct 22, 2026, TC Energy is up 24.3% over the past year and up 14.2% so far in 2026.

Which sector and industry is TC Energy in?

TC Energy is in the Oil & Gas Midstream industry, part of the Energy sector.

About this companyEnergy· Oil & Gas Midstream

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.