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TRANSALTA CORP - TACN 5.74 PERP (TA-PR-G.CA) Stock Technical Analysis

TSX:TA-PR-G - Toronto Stock Exchange - CA89346D7430 - Currency: CAD

21.99  +1.49 (+7.27%)

Technical Rating and Analysis

6

Overall TA-PR-G gets a technical rating of 6 out of 10. In the last year, TA-PR-G was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

Warning: TA-PR-G has an average volume of 897 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that TA-PR-G is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by TA-PR-G over the past year are nicely spread over this period.
TA-PR-G is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 78% of 39 stocks in the same industry.
TA-PR-G is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TA-PR-G slightly outperforms the market at the moment.
In the last month TA-PR-G has a been trading in the 18.25 - 23.03 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
TRANSALTA CORP - TACN 5.74 PERP / TA-PR-G Weekly stock chart
TRANSALTA CORP - TACN 5.74 PERP / TA-PR-G Daily stock chart
Setup Rating and Analysis

4

TA-PR-G has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

18.80

23.26

We found 5 important support areas.

  • A support zone ranging from 21.08 to 21.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.55 from a horizontal line in the daily time frame.
  • A support zone ranging from 19.83 to 20.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 19.30 to 19.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.99 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @22.49 from a horizontal line in the weekly time frame.
  • Resistance @23.03 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.7
10 Day High23.03
10 Day Low18.25
20 Day High23.03
20 Day Low18.25
52 Week High23.03
52 Week Low18
Performance
1 Week1.81%
2 Weeks2.28%
1 Month-2.22%
3 Month7.27%
6 Month6.49%
12 Month13.35%
2 Year9.95%
3 YearN/A
5 YearN/A
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)-0.06
RSI(14)54.1
LBB19.52
UBB22.96
TRANSALTA CORP - TACN 5.74 PERP / TA-PR-G Daily stock chart

TRANSALTA CORP - TACN 5.74 PERP

TSX:TA-PR-G (4/28/2025, 7:00:00 PM)

21.99

+1.49 (+7.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg7.27%
1 Week1.81%
2 Weeks2.28%
1 Month-2.22%
3 Month7.27%
6 Month6.49%
12 Month13.35%
2 Year9.95%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%4.11%
ATR Inc21.45%
Range Today0
ADR(20)0.29
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.7
10 Day High23.03
10 Day Low18.25
20 Day High23.03
20 Day Low18.25
52 Week High23.03
52 Week Low18
CS1 End21.37
CR1 Start22.49
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr44.54%
Vol(5)791
Vol(50)897.9