TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) Stock Technical Analysis
TSX:TA-PR-D - Toronto Stock Exchange - CA89346D7687 - Currency: CAD
Taking everything into account, TA-PR-D scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TA-PR-D is only an average performer.
Warning: TA-PR-D has an average volume of 6272 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-D is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, TA-PR-D outperforms 67% of them, which is more or less in line with the market.
TA-PR-D is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 66% of 37 stocks in the same industry.
In the last month TA-PR-D has a been trading in a tight range between 16.78 and 17.68.
Considerably lower volume is observed in the last couple of days.
Although TA-PR-D has an excellent technical rating, it 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
14.34
17.83
6 important support areas can be observed.
- A support zone ranging from 17.16 to 17.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.55 to 16.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.41 from a trend line in the weekly time frame.
- Support @15.14 from a horizontal line in the daily time frame.
- A support zone ranging from 14.80 to 14.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.48 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.61 to 17.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TA-PR-D.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TA-PR-D.CA is up. |
| ChartMill Relative Strength | 67.59 | NEUTRAL | TA-PR-D.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TA-PR-D.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA-PR-D.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA-PR-D.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.29 | NEUTRAL | The RSI value for TA-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TA-PR-D.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.61 | OVERBOUGHT | The high Stochastics value suggests TA-PR-D.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 48.56 | POSITIVE | The high ADX value value for TA-PR-D.CA suggests a strong trend. |
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)
TRANSALTA CORP - TACN 2.877 PERP
TSX:TA-PR-D (7/29/2025, 7:00:00 PM)
17.6
-0.05 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.28%
1 Week1.15%
2 Weeks2.33%
1 Month3.65%
3 Month14.43%
6 Month10%
12 Month21.46%
2 Year44.26%
3 Year17.96%
5 Year100%
10 Year72.55%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.63%
ATR Inc36.44%
Range Today0.05
ADR(20)0.08
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.59
Mansfield0.29
10 Day High17.68
10 Day Low17.15
20 Day High17.68
20 Day Low16.78
52 Week High17.68
52 Week Low14.26
CS1 End17.44
CR1 Start17.61
Volume & EV
DER(3)0%
DER(5)0%
Volume1.68K
Volume Incr-77.68%
Vol(5)1.49K
Vol(50)6.27K