TRANSALTA CORP - TACN 4.67 PERP (TA-PR-E.CA) Stock Technical Analysis
TSX:TA-PR-E - Toronto Stock Exchange - CA89346D7505 - Currency: CAD
Overall TA-PR-E gets a technical rating of 1 out of 10. TA-PR-E has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
TA-PR-E is part of the Independent Power and Renewable Electricity Producers industry. There are 39 other stocks in this industry, of which 71% are performing better than TA-PR-E.
Warning: TA-PR-E has an average volume of 2173 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TA-PR-E has a been trading in the 15.10 - 16.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, TA-PR-E turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
TA-PR-E is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
TA-PR-E has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.09, a Stop Loss order could be placed below this zone.
More info and screens
13.90
17.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.82 to 16.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.55 to 15.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.04 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.35 to 16.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @17.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.30 to 17.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.51
Mansfield-0.02
10 Day High16.33
10 Day Low15.1
20 Day High16.5
20 Day Low15.1
52 Week High17.5
52 Week Low15.1
Performance
1 Week0.31%
2 Weeks2.09%
1 Month-0.62%
3 Month-3.42%
6 Month-5.85%
12 Month1.58%
2 Year4.41%
3 Year0.63%
5 Year85.06%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)48.17
LBB15.64
UBB16.47
TRANSALTA CORP - TACN 4.67 PERP
TSX:TA-PR-E (4/25/2025, 7:00:00 PM)
16.1
+0.1 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.63%
1 Week0.31%
2 Weeks2.09%
1 Month-0.62%
3 Month-3.42%
6 Month-5.85%
12 Month1.58%
2 Year4.41%
3 Year0.63%
5 Year85.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%1.9%
ATR Inc-53.7%
Range Today0
ADR(20)0.2
ADR(20)%1.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.51
Mansfield-0.02
10 Day High16.33
10 Day Low15.1
20 Day High16.5
20 Day Low15.1
52 Week High17.5
52 Week Low15.1
CS1 End16.09
CR1 Start16.35
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-64.52%
Vol(5)700
Vol(50)2.17K