TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) Technical Analysis

TSX:TA-PR-E • CA89346D7505

Current stock price

20.6 CAD
-0.08 (-0.39%)
Last:

TA-PR-E.CA Technical Rating and Analysis

3

Overall TA-PR-E gets a technical rating of 3 out of 10. In the last year, TA-PR-E was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

  • Warning: TA-PR-E has an average volume of 3016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • TA-PR-E is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TA-PR-E is lagging the market slightly.
  • In the last month TA-PR-E has a been trading in the 19.12 - 20.74 range, which is quite wide. It is currently trading near the high of this range.
  • Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
  • When comparing the performance of all stocks over the past year, TA-PR-E turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
  • 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 did better than 64% of them.
  • Considerably lower volume is observed in the last couple of days.

TA-PR-E.CA Weekly and Daily overview Charts

TRANSALTA CORP - TACN 4.29 PERP / TA-PR-E Weekly stock chart
TRANSALTA CORP - TACN 4.29 PERP / TA-PR-E Daily stock chart

TA-PR-E.CA Setup Rating and Analysis

3

The technical rating of TA-PR-E is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

TA-PR-E.CA Support and Resistance Analysis

15.40

21.27

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 19.75 to 20.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.12 to 19.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.61 from a horizontal line in the daily 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.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 20.83 to 21.06. This zone is formed by a combination of multiple trend lines in multiple time frames.

TA-PR-E.CA Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for TA-PR-E.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for TA-PR-E.CA is neutral.
ChartMill Relative Strength55.8NEUTRALTA-PR-E.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of TA-PR-E.CA is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of TA-PR-E.CA is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of TA-PR-E.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)58.97NEUTRALThe RSI value for TA-PR-E.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.09POSITIVEThe MACD value suggests TA-PR-E.CA has a positive trend.
Stochastics (14,3)73.52NEUTRALThe Stochastics value for TA-PR-E.CA is a neutral value.
Average True Range in percent/ATR (20)1.68LOW VOLATILITYThe low ATR as a percentage value for TA-PR-E.CA suggests low volalility.
Average Directional Index/ADX (14)33.91POSITIVEThe high ADX value value for TA-PR-E.CA suggests a strong trend.

TA-PR-E.CA Chart- and CandleStick Pattern Analysis

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)

TA-PR-E.CA Technicals: Chart, Performance Metrics, Trend & Indicators

TRANSALTA CORP - TACN 4.29 PERP / TA-PR-E Daily stock chart

TRANSALTA CORP - TACN 4.29 PERP

TSX:TA-PR-E (4/15/2026, 7:00:00 PM)

20.6

-0.08 (-0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.39%
1 Week5.64%
2 Weeks3%
1 Month-0.72%
3 Month1.13%
6 Month9.28%
12 Month27.16%
2 Year29.15%
3 Year33.59%
5 Year63.23%
10 Year120.56%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.68%
ATR Inc83.37%
Range Today0
ADR(20)0.21
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.8
3 months CRS57.92
6 months CRS61.72
Mansfield0.44
10 Day High20.68
10 Day Low19.12
20 Day High20.74
20 Day Low19.12
52 Week High21.15
52 Week Low16
CS1 End20.38
CR1 Start20.83
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-84.86%
Vol(5)680.2
Vol(50)3.02K

TRANSALTA CORP - TACN 4.29 PERP / TA-PR-E.CA TA FAQ

What is the technical rating for TA-PR-E stock?

ChartMill assigns a technical rating of 3 / 10 to TA-PR-E.CA.


What is the trend direction for TA-PR-E stock?

The current trend direction for TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) is Bearish.


What is the RSI signal for TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) stock?

TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) has an RSI value of 58.9716. This indicates that the stock is currently neutral.


Can you provide the MACD signal for TRANSALTA CORP - TACN 4.29 PERP?

The MACD indicator for TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) has a value of 0.0885509, indicating a bearish trend.


What are the support and resistance levels for TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) stock?

TRANSALTA CORP - TACN 4.29 PERP (TA-PR-E.CA) has a support level at 20.38 and a resistance level at 20.83. Check the full technical report for our detailed analysis of TA-PR-E.CA support and resistance levels.