TRANSALTA CORP - TACN 5.854 PERP (TA-PR-F.CA) Stock Technical Analysis
TSX:TA-PR-F - Toronto Stock Exchange - CA89346D7356 - Currency: CAD
Overall TA-PR-F gets a technical rating of 2 out of 10. TA-PR-F has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: TA-PR-F has an average volume of 6184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TA-PR-F is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TA-PR-F slightly outperforms the market at the moment.
In the last month TA-PR-F has a been trading in the 18.75 - 21.24 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
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-F turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
TA-PR-F is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 55% of 41 stocks in the same industry.
Although the technical rating is bad, TA-PR-F does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.69, a Stop Loss order could be placed below this zone.
More info and screens
17.66
21.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.50 to 20.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.84 to 18.00. 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 20.87 to 21.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.36
Mansfield0.32
10 Day High20.7
10 Day Low20.22
20 Day High21.24
20 Day Low18.75
52 Week High21.55
52 Week Low17.75
Performance
1 Week2.37%
2 Weeks1.47%
1 Month-2.36%
3 Month-3.27%
6 Month5.08%
12 Month10.34%
2 Year15%
3 Year-5.69%
5 Year96.21%
10 Year24.7%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)54.23
LBB20.02
UBB20.8
TRANSALTA CORP - TACN 5.854 PERP
TSX:TA-PR-F (5/2/2025, 7:00:00 PM)
20.7
+0.09 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.44%
1 Week2.37%
2 Weeks1.47%
1 Month-2.36%
3 Month-3.27%
6 Month5.08%
12 Month10.34%
2 Year15%
3 Year-5.69%
5 Year96.21%
10 Year24.7%
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%1.66%
ATR Inc-24.17%
Range Today0.2
ADR(20)0.3
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.36
Mansfield0.32
10 Day High20.7
10 Day Low20.22
20 Day High21.24
20 Day Low18.75
52 Week High21.55
52 Week Low17.75
CS1 End20.69
CR1 Start20.87
Volume & EV
DER(3)0%
DER(5)0%
Volume4.20K
Volume Incr-46.59%
Vol(5)4.34K
Vol(50)6.18K