TC Energy Q1 2026 Presentation: Record Adjusted EBITDA, $1.5 Billion Project

The news indicates that TC Energy delivered strong operational performance with record EBITDA and a major project announcement. However, the stock closed down 1.7% in the last session, with an RSI of 43 in weak territory. The MACD remains below the signal line, suggesting short-term momentum has not yet turned. The positive news may partially offset the weakness in technical indicators, but for a sustained rally, the price needs to move above the 20-day moving average. Therefore, I expect only limited upside.