TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TA-PR-D - CA89346D7687
Overall TA-PR-D gets a technical rating of 8 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 6536 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 32 other stocks in this industry. TA-PR-D outperforms 93% 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 comparing the performance of all stocks over the past year, TA-PR-D turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- In the last month TA-PR-D has a been trading in a tight range between 20.05 and 20.56.
- Considerably lower volume is observed in the last couple of days.
Although TA-PR-D has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
14.34
We found 6 important support areas.
- A support zone ranging from 19.56 to 19.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.89 from a trend line in the daily time frame.
- A support zone ranging from 18.18 to 18.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @16.42 from a trend line in the weekly time frame.
- Support @15.56 from a trend line in the weekly 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 20.32 to 20.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 63.55 | NEUTRAL | TA-PR-D.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TA-PR-D.CA is below 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) | 54.78 | NEUTRAL | The RSI value for TA-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TA-PR-D.CA has a negative trend. |
| Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for TA-PR-D.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.47 | POSITIVE | The high ADX value value for TA-PR-D.CA suggests a strong trend. |
TRANSALTA CORP - TACN 2.877 PERP
TSX:TA-PR-D (1/21/2026, 7:00:00 PM)
20.2
-0.13 (-0.64%)
TRANSALTA CORP - TACN 2.877 PERP / TA-PR-D.CA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP - TACN 2.877 PERP?
ChartMill assigns a technical rating of 8 / 10 to TA-PR-D.CA.
What is the current trend direction of TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) stock?
The current trend direction for TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) is Bullish.
Can you provide the RSI signal for TRANSALTA CORP - TACN 2.877 PERP?
TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) has an RSI value of 54.7842. This indicates that the stock is currently neutral.
What is the short term momentum for TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) stock?
The short term momentum for TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) is positive.
What is the support and resistance level for TA-PR-D stock?
TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) has a support level at 19.64 and a resistance level at 20.32. Check the full technical report for our detailed analysis of TA-PR-D.CA support and resistance levels.