Logo image of TA-PR-D.CA

TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) Stock Technical Analysis

Canada - TSX:TA-PR-D - CA89346D7687

18.6 CAD
+0.03 (+0.16%)
Last: 10/17/2025, 7:00:00 PM
Technical Rating and Analysis

7

Overall TA-PR-D gets a technical rating of 7 out of 10. Although TA-PR-D 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-D has an average volume of 18286 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.
TA-PR-D is part of the Independent Power and Renewable Electricity Producers industry. There are 34 other stocks in this industry. TA-PR-D outperforms 78% of them.
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 61% of them, which is more or less in line with the market.
In the last month TA-PR-D has a been trading in a tight range between 18.06 and 18.65.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TRANSALTA CORP - TACN 2.877 PERP / TA-PR-D Weekly stock chart
TRANSALTA CORP - TACN 2.877 PERP / TA-PR-D Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, TA-PR-D also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.34

18.86

5 important support areas can be observed.

  • A support zone ranging from 18.07 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @17.77 from a horizontal line in the daily time frame.
  • Support @15.89 from a trend line in the weekly time frame.
  • Support @15.28 from a trend line in the weekly time frame.
  • Support @14.48 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 18.61 to 18.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for TA-PR-D.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for TA-PR-D.CA is up.
ChartMill Relative Strength61.75NEUTRALTA-PR-D.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TA-PR-D.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of TA-PR-D.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of TA-PR-D.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)63.35NEUTRALThe RSI value for TA-PR-D.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests TA-PR-D.CA has a positive trend.
Stochastics (14,3)84.98OVERBOUGHTThe high Stochastics value suggests TA-PR-D.CA may be overbought.
Average True Range in percent/ATR (20)0.54LOW VOLATILITYThe low ATR as a percentage value for TA-PR-D.CA suggests low volalility.
Average Directional Index/ADX (14)28.5POSITIVEThe high ADX value value for TA-PR-D.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
18.6818.370.31 (1.66%)25.00%
An entry @18.68. This is a Buy Stop order right above the resistance zone.An exit @18.37. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.31 points, which is 1.66%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.41%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TRANSALTA CORP - TACN 2.877 PERP / TA-PR-D Daily stock chart

TRANSALTA CORP - TACN 2.877 PERP

TSX:TA-PR-D (10/17/2025, 7:00:00 PM)

18.6

+0.03 (+0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.16%
1 Week0.92%
2 Weeks1.53%
1 Month1.25%
3 Month7.02%
6 Month21.17%
12 Month22.85%
2 Year56.3%
3 Year42.86%
5 Year113.79%
10 Year79.88%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.54%
ATR Inc-38.69%
Range Today0
ADR(20)0.08
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.75
Mansfield0.29
10 Day High18.65
10 Day Low18.38
20 Day High18.65
20 Day Low18.06
52 Week High18.73
52 Week Low14.6
CS1 End18.5
CR1 Start18.61
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-81.49%
Vol(5)5.66K
Vol(50)18.29K