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%)
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.
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.
More info and screens
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.
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 | 61.75 | 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) | 63.35 | 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. |
| Stochastics (14,3) | 84.98 | OVERBOUGHT | The high Stochastics value suggests TA-PR-D.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.5 | 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)
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 |
|---|---|---|---|
| 18.68 | 18.37 | 0.31 (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
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