TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) Stock Technical Analysis
TSX:TA-PR-D • CA89346D7687
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 5029 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 one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 90% of 31 stocks in the same industry.
- 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 62% of all stocks.
- In the last month TA-PR-D has a been trading in a tight range between 20.20 and 21.00.
- Volume is considerably higher in the last couple of days.
TA-PR-D has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.34
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.04 to 20.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @15.64 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 20.78 to 20.90. 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 | 62.33 | 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) | 62.37 | NEUTRAL | The RSI value for TA-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TA-PR-D.CA has a negative trend. |
| Stochastics (14,3) | 69.01 | NEUTRAL | The Stochastics value for TA-PR-D.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.09 | POSITIVE | The high ADX value value for TA-PR-D.CA suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.91 | 20.64 | 0.27 (1.29%) | 25.00% |
| An entry @20.91. This is a Buy Stop order right above the resistance zone. | An exit @20.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.27 points, which is 1.29%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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
TSX:TA-PR-D (2/20/2026, 7:00:00 PM)
20.77
+0.02 (+0.1%)
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 62.3722. 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 20.58 and a resistance level at 20.78. Check the full technical report for our detailed analysis of TA-PR-D.CA support and resistance levels.