TC Energy Shares Plunge 5.27% in Five Days

TC Energy (TRP) shares fell 0.75% intraday, marking the fifth consecutive day of decline and reaching its lowest level since April 2025, with a total drop of 5.27% over the past five days.

The strategy of buying TRP shares after they reached a recent low and holding for one week yielded a 45.30% return, slightly underperforming the benchmark return of 56.94% over the past five years. The strategy had a maximum drawdown of -14.16%, a Sharpe ratio of 0.82, and a volatility of 20.23%.

TC Energy's stock has been under bearish sentiment, as indicated by the Fear & Greed Index rating of 39 (Fear) and technical indicators signaling a bearish outlook. The stock shows a bearish trend with moving averages (both SMA and EMA) suggesting selling actions. The daily and weekly simple and exponential moving averages mostly signal sell, except for the 200-day EMA which signals buy.

TC Energy stock has experienced 37% green days with 1.69% price volatility over the past 30 days, contributing to the bearish sentiment. Despite short-term bearish predictions, a potential ROI of 15.33% is forecasted if invested until October 2025, suggesting some level of optimism in the longer term.