TRANSALTA CORP - TACN 5.854 PERP (TA-PR-F.CA) Stock Technical Analysis
Canada - TSX:TA-PR-F - CA89346D7356
23.3 CAD
+0.05 (+0.22%)
Overall TA-PR-F gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TA-PR-F is only an average performer.
Warning: TA-PR-F has an average volume of 7213 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-F is part of the Independent Power and Renewable Electricity Producers industry. There are 33 other stocks in this industry. TA-PR-F outperforms 71% of them.
TA-PR-F 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-F outperforms 52% of them, which is more or less in line with the market.
In the last month TA-PR-F has a been trading in a tight range between 22.61 and 23.37.
Considerably lower volume is observed in the last couple of days.
Although TA-PR-F has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.31
23.54
We found 4 important support areas.
- A support zone ranging from 22.39 to 23.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.91 from a horizontal line in the daily time frame.
- Support @20.70 from a trend line in the weekly time frame.
- Support @19.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.31 to 23.31. 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-F.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TA-PR-F.CA is up. |
| ChartMill Relative Strength | 52.57 | NEUTRAL | TA-PR-F.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-F.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA-PR-F.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA-PR-F.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.16 | OVERBOUGHT | The high RSI value suggests TA-PR-F.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TA-PR-F.CA has a positive trend. |
| Stochastics (14,3) | 89.32 | OVERBOUGHT | The high Stochastics value suggests TA-PR-F.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-F.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for TA-PR-F.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)
TRANSALTA CORP - TACN 5.854 PERP
TSX:TA-PR-F (10/17/2025, 7:00:00 PM)
23.3
+0.05 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.22%
1 Week0.69%
2 Weeks1.7%
1 Month2.82%
3 Month3.1%
6 Month14.22%
12 Month16.73%
2 Year43.12%
3 Year22.31%
5 Year89.43%
10 Year100.52%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.49%
ATR Inc27.27%
Range Today0.07
ADR(20)0.1
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.57
Mansfield-0.18
10 Day High23.37
10 Day Low22.89
20 Day High23.37
20 Day Low22.61
52 Week High23.37
52 Week Low18.75
CS1 End23.24
CR1 Start23.31
Volume & EV
DER(3)0%
DER(5)0%
Volume1.50K
Volume Incr-38.71%
Vol(5)3.84K
Vol(50)7.21K