TRANSALTA CORP - TACN 5.854 PERP (TA-PR-F.CA) Stock Technical Analysis
Canada - TSX:TA-PR-F - CA89346D7356
22.65 CAD
-0.01 (-0.04%)
We assign a technical rating of 5 out of 10 to TA-PR-F. In the last year, TA-PR-F was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: TA-PR-F has an average volume of 6024 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 may just continue or reversal may be around the corner!
TA-PR-F is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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 47% of all stocks.
TA-PR-F is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 53% of 33 stocks in the same industry.
In the last month TA-PR-F has a been trading in a tight range between 22.44 and 22.80.
Although the technical rating is only medium, TA-PR-F does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.65, a Stop Loss order could be placed below this zone.
More info and screens
19.31
23.23
5 important support areas can be observed.
- A support zone ranging from 22.39 to 22.62. 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 @20.81 from a trend line in the weekly time frame.
- Support @20.40 from a horizontal line in the daily time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.65 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 | 47.87 | NEUTRAL | TA-PR-F.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TA-PR-F.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TA-PR-F.CA is below 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) | 50 | NEUTRAL | The RSI value for TA-PR-F.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TA-PR-F.CA has a negative trend. |
| Stochastics (14,3) | 59.26 | NEUTRAL | The Stochastics value for TA-PR-F.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-F.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.04 | 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 (9/22/2025, 7:00:00 PM)
22.65
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.04%
1 Week-0.61%
2 Weeks0.53%
1 Month-0.18%
3 Month2.3%
6 Month6.64%
12 Month14.73%
2 Year35.85%
3 Year16.09%
5 Year78.85%
10 Year115.81%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.4%
ATR Inc-58.55%
Range Today0
ADR(20)0.07
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.87
Mansfield-0.44
10 Day High22.8
10 Day Low22.52
20 Day High22.8
20 Day Low22.44
52 Week High23.05
52 Week Low18.75
CS1 End22.65
CR1 Start22.66
Volume & EV
DER(3)0%
DER(5)0%
Volume800
Volume Incr-57.86%
Vol(5)4.31K
Vol(50)6.02K