TRANSALTA CORP - TACN 4.23 PERP (TA-PR-E.CA) Stock Technical Analysis
Canada - TSX:TA-PR-E - CA89346D7505
Overall TA-PR-E gets a technical rating of 7 out of 10. Although TA-PR-E is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
TA-PR-E has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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
15.40
4 important support areas can be observed.
- A support zone ranging from 18.22 to 18.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.61 from a trend line in the weekly time frame.
- Support @16.02 from a horizontal line in the weekly time frame.
- Support @15.56 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.81 to 19.19. 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-E.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TA-PR-E.CA is up. |
| ChartMill Relative Strength | 58.41 | NEUTRAL | TA-PR-E.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-E.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA-PR-E.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA-PR-E.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.16 | NEUTRAL | The RSI value for TA-PR-E.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TA-PR-E.CA has a negative trend. |
| Stochastics (14,3) | 63.29 | NEUTRAL | The Stochastics value for TA-PR-E.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-E.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.94 | NEGATIVE | The low ADX value for TA-PR-E.CA suggests a weak or negative 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 |
|---|---|---|---|
| 18.93 | 18.60 | 0.33 (1.76%) | 25.00% |
| An entry @18.93. This is a Buy Stop order right above the 10 day moving average. | An exit @18.60. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.33 points, which is 1.76%. | For a 0.44% 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 4.23 PERP
TSX:TA-PR-E (11/20/2025, 7:00:00 PM)
18.78
-0.2 (-1.05%)
TRANSALTA CORP - TACN 4.23 PERP / TA-PR-E.CA FAQ
What is the technical rating for TA-PR-E stock?
ChartMill assigns a technical rating of 7 / 10 to TA-PR-E.CA.
Can you provide the trend direction for TRANSALTA CORP - TACN 4.23 PERP?
The current trend direction for TRANSALTA CORP - TACN 4.23 PERP (TA-PR-E.CA) is Bullish.
What is the RSI signal for TA-PR-E stock?
TRANSALTA CORP - TACN 4.23 PERP (TA-PR-E.CA) has an RSI value of 50.1555. This indicates that the stock is currently neutral.
What is the MACD signal for TRANSALTA CORP - TACN 4.23 PERP (TA-PR-E.CA) stock?
The MACD indicator for TRANSALTA CORP - TACN 4.23 PERP (TA-PR-E.CA) has a value of -0.00274972, indicating a bearish trend.
Can you provide the short term momentum for TRANSALTA CORP - TACN 4.23 PERP?
The short term momentum for TRANSALTA CORP - TACN 4.23 PERP (TA-PR-E.CA) is positive.