TRANSALTA CORP - TACN 5.854 PERP (TA-PR-F.CA) Stock Technical Analysis
TSX:TA-PR-F - CA89346D7356
22.69 CAD
-0.05 (-0.22%)
Taking everything into account, TA-PR-F scores 6 out of 10 in our technical rating. Although TA-PR-F 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-F has an average volume of 3989 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TA-PR-F 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-F is lagging the market slightly.
When comparing the performance of all stocks over the past year, TA-PR-F turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
TA-PR-F is part of the Independent Power and Renewable Electricity Producers industry. There are 31 other stocks in this industry, TA-PR-F did better than 63% of them.
In the last month TA-PR-F has a been trading in a tight range between 22.50 and 23.05.
TA-PR-F has an average technical rating and the quality of the presented setup is also 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
23.23
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.39 to 22.68. 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.
- A support zone ranging from 20.40 to 20.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.50 to 19.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.80 to 23.00. 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-F.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TA-PR-F.CA is neutral. |
| ChartMill Relative Strength | 52.42 | NEUTRAL | TA-PR-F.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-F.CA is below 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) | 51.12 | NEUTRAL | The RSI value for TA-PR-F.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TA-PR-F.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.52 | NEUTRAL | The Stochastics value for TA-PR-F.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-F.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.06 | NEGATIVE | The low ADX value for TA-PR-F.CA suggests a weak or negative 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 (8/29/2025, 7:00:00 PM)
22.69
-0.05 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.22%
1 Week0.18%
2 Weeks-0.83%
1 Month0.13%
3 Month4.13%
6 Month5.78%
12 Month14.71%
2 Year30.4%
3 Year5.78%
5 Year80.94%
10 Year101.33%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.36%
ATR Inc147.92%
Range Today0.19
ADR(20)0.06
ADR(20)%0.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.42
Mansfield-0.16
10 Day High22.75
10 Day Low22.5
20 Day High23.05
20 Day Low22.5
52 Week High23.05
52 Week Low18.75
CS1 End22.68
CR1 Start22.8
Volume & EV
DER(3)0%
DER(5)0%
Volume3.60K
Volume Incr92.44%
Vol(5)4.50K
Vol(50)3.99K