TRANSALTA CORP - TACN 5.96 PERP (TA-PR-G.CA) Stock Technical Analysis
TSX:TA-PR-G - Toronto Stock Exchange - CA89346D7430 - Currency: CAD
Taking everything into account, TA-PR-G scores 6 out of 10 in our technical rating. In the last year, TA-PR-G was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TA-PR-G is part of the Independent Power and Renewable Electricity Producers industry. There are 40 other stocks in this industry, of which 64% are performing better than TA-PR-G.
In the last month TA-PR-G has a been trading in the 20.01 - 22.65 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TA-PR-G has an average volume of 896 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, TA-PR-G outperforms 51% of them, which is more or less in line with the market.
TA-PR-G is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TA-PR-G is lagging the market.
TA-PR-G has an average technical rating and it also does not offer a high quality setup 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
18.62
22.73
We found 3 important support areas.
- A support zone ranging from 19.85 to 20.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.44 to 19.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.81 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.49 to 22.50. 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
CRS51.61
Mansfield-0.98
10 Day High22.65
10 Day Low20.65
20 Day High22.65
20 Day Low20.01
52 Week High22.65
52 Week Low17.75
Performance
1 Week-4.53%
2 Weeks0.49%
1 Month-1.57%
3 Month0.58%
6 Month0.78%
12 Month11.68%
2 Year-4.84%
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)0.01
RSI(14)46.83
LBB19.75
UBB22.7
TRANSALTA CORP - TACN 5.96 PERP
TSX:TA-PR-G (2/18/2025, 7:00:00 PM)
20.66
-0.74 (-3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-3.46%
1 Week-4.53%
2 Weeks0.49%
1 Month-1.57%
3 Month0.58%
6 Month0.78%
12 Month11.68%
2 Year-4.84%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%3.15%
ATR Inc66.63%
Range Today0
ADR(20)0.27
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.61
Mansfield-0.98
10 Day High22.65
10 Day Low20.65
20 Day High22.65
20 Day Low20.01
52 Week High22.65
52 Week Low17.75
CS1 End20.38
CR1 Start22.49
Volume & EV
DER(3)-132.28%
DER(5)-79.37%
Volume300
Volume Incr-50.07%
Vol(5)603
Vol(50)896.5