TRANSALTA CORP - TACN 4.89 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 8 out of 10. Although TA-PR-E is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: TA-PR-E has an average volume of 3132 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
TA-PR-E is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TA-PR-E is lagging the market slightly.
In the last month TA-PR-E has a been trading in the 16.20 - 17.50 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, TA-PR-E outperforms 57% of them, which is more or less in line with the market.
TA-PR-E is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 53% of 40 stocks in the same industry.
Although TA-PR-E has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.40
17.68
We found 3 important support areas.
- A support zone ranging from 16.39 to 17.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.00 to 16.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.56 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.46 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
CRS57.42
Mansfield-0.21
10 Day High17.5
10 Day Low16.9
20 Day High17.5
20 Day Low16.2
52 Week High17.5
52 Week Low15.56
Performance
1 Week2.36%
2 Weeks2.66%
1 Month6.25%
3 Month7.36%
6 Month5.47%
12 Month8.44%
2 Year4.9%
3 Year5.15%
5 Year57.73%
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)62.77
LBB16.63
UBB17.45
TRANSALTA CORP - TACN 4.89 PERP
TSX:TA-PR-E (2/21/2025, 7:00:00 PM)
17.35
+0.1 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.58%
1 Week2.36%
2 Weeks2.66%
1 Month6.25%
3 Month7.36%
6 Month5.47%
12 Month8.44%
2 Year4.9%
3 Year5.15%
5 Year57.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.07%
ATR Inc-0.86%
Range Today0.1
ADR(20)0.1
ADR(20)%0.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.42
Mansfield-0.21
10 Day High17.5
10 Day Low16.9
20 Day High17.5
20 Day Low16.2
52 Week High17.5
52 Week Low15.56
CS1 End17.3
CR1 Start17.46
Volume & EV
DER(3)36.47%
DER(5)15.32%
Volume900
Volume Incr8.87%
Vol(5)2.73K
Vol(50)3.13K