TRANSALTA CORP - TACN 4.21 PERP (TA-PR-E.CA) Stock Technical Analysis
TSX:TA-PR-E • CA89346D7505
Taking everything into account, TA-PR-E 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-E is only an average performer.
- Warning: TA-PR-E has an average volume of 1977 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-E is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry. TA-PR-E outperforms 83% of them.
- TA-PR-E is currently making a new 52 week high. This is a strong signal. 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-E outperforms 58% of them, which is more or less in line with the market.
- In the last month TA-PR-E has a been trading in a tight range between 20.01 and 20.92.
Although TA-PR-E has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.40
We found 6 important support areas.
- A support zone ranging from 20.05 to 20.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.52 from a trend line in the daily time frame.
- 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 @16.90 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 20.93 to 20.93. 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-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 | 58.23 | NEUTRAL | TA-PR-E.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-E.CA is above 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) | 70.42 | OVERBOUGHT | The high RSI value suggests TA-PR-E.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TA-PR-E.CA has a positive trend. |
| Stochastics (14,3) | 93.64 | OVERBOUGHT | The high Stochastics value suggests TA-PR-E.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-E.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.47 | POSITIVE | The high ADX value value for TA-PR-E.CA suggests a strong trend. |
TRANSALTA CORP - TACN 4.21 PERP
TSX:TA-PR-E (2/11/2026, 7:00:00 PM)
20.92
+0.22 (+1.06%)
TRANSALTA CORP - TACN 4.21 PERP / TA-PR-E.CA FAQ
What is the technical rating for TA-PR-E stock?
ChartMill assigns a technical rating of 8 / 10 to TA-PR-E.CA.
What is the trend direction for TA-PR-E stock?
The current trend direction for TRANSALTA CORP - TACN 4.21 PERP (TA-PR-E.CA) is Bullish.
What is the RSI signal for TA-PR-E stock?
TRANSALTA CORP - TACN 4.21 PERP (TA-PR-E.CA) has an RSI value of 70.4192. This indicates that the stock is currently overbought.
What is the MACD signal for TA-PR-E stock?
The MACD indicator for TRANSALTA CORP - TACN 4.21 PERP (TA-PR-E.CA) has a value of 0.0328059, indicating a bearish trend.
What is the short term momentum for TRANSALTA CORP - TACN 4.21 PERP (TA-PR-E.CA) stock?
The short term momentum for TRANSALTA CORP - TACN 4.21 PERP (TA-PR-E.CA) is positive.