Logo image of TA-PR-J.CA

TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) Stock Technical Analysis

TSX:TA-PR-J - Toronto Stock Exchange - CA89346D6770 - Currency: CAD

24.49  +0.03 (+0.12%)

Technical Rating and Analysis

7

Overall TA-PR-J gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TA-PR-J is only an average performer.

Warning: TA-PR-J has an average volume of 3503 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by TA-PR-J, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When comparing the performance of all stocks over the past year, TA-PR-J turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
TA-PR-J is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 61% of 40 stocks in the same industry.
In the last month TA-PR-J has a been trading in a tight range between 24.00 and 24.49.
Weekly and Daily overview Charts
TRANSALTA CORP - TACN 6.773 PERP / TA-PR-J Weekly stock chart
TRANSALTA CORP - TACN 6.773 PERP / TA-PR-J Daily stock chart
Setup Rating and Analysis

5

TA-PR-J has an excellent technical rating, but the quality of the setup is only medium 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

22.82

24.75

We found 2 important support areas.

  • A support zone ranging from 23.77 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.05 to 23.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 24.50 to 24.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS64.71
Mansfield-0.24
10 Day High24.49
10 Day Low24.11
20 Day High24.49
20 Day Low24
52 Week High24.49
52 Week Low20.61
Performance
1 Week1.41%
2 Weeks1.03%
1 Month0.78%
3 Month4.66%
6 Month5.51%
12 Month15.79%
2 Year13.38%
3 Year2.47%
5 Year47.98%
10 Year15.63%
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)0.02
RSI(14)67.89
LBB23.97
UBB24.54
TRANSALTA CORP - TACN 6.773 PERP / TA-PR-J Daily stock chart

TRANSALTA CORP - TACN 6.773 PERP

TSX:TA-PR-J (2/21/2025, 7:00:00 PM)

24.49

+0.03 (+0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.12%
1 Week1.41%
2 Weeks1.03%
1 Month0.78%
3 Month4.66%
6 Month5.51%
12 Month15.79%
2 Year13.38%
3 Year2.47%
5 Year47.98%
10 Year15.63%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.48%
ATR Inc-32.93%
Range Today0.05
ADR(20)0.09
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.71
Mansfield-0.24
10 Day High24.49
10 Day Low24.11
20 Day High24.49
20 Day Low24
52 Week High24.49
52 Week Low20.61
CS1 End24.37
CR1 Start24.5
Volume & EV
DER(3)0.66%
DER(5)0.4%
Volume900
Volume Incr-28.15%
Vol(5)3.10K
Vol(50)3.50K