TRANSALTA CORP - TACN 5.854 PERP (TA-PR-F.CA) Stock Technical Analysis
TSX:TA-PR-F - Toronto Stock Exchange - CA89346D7356 - Currency: CAD
Taking everything into account, TA-PR-F scores 8 out of 10 in our technical rating. 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 6205 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
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 59% of all stocks.
TA-PR-F is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 52% of 37 stocks in the same industry.
In the last month TA-PR-F has a been trading in a tight range between 22.00 and 22.74.
Besides having an excellent technical rating, TA-PR-F also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.31
22.97
We found 2 important support areas.
- A support zone ranging from 20.40 to 20.42. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.51 to 22.74. 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 | UP | POSITIVE | The short term trend for TA-PR-F.CA is up. |
| ChartMill Relative Strength | 59.67 | 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) | 54.8 | NEUTRAL | The RSI value for TA-PR-F.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TA-PR-F.CA has a negative trend. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for TA-PR-F.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-F.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.1 | 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 (7/24/2025, 7:00:00 PM)
22.46
-0.02 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.09%
1 Week0.27%
2 Weeks-0.62%
1 Month1.86%
3 Month11.08%
6 Month6.4%
12 Month16.61%
2 Year25.13%
3 Year7.52%
5 Year93.29%
10 Year81.28%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.65%
ATR Inc20.31%
Range Today0.05
ADR(20)0.08
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.67
Mansfield-0.09
10 Day High22.74
10 Day Low22.39
20 Day High22.74
20 Day Low22
52 Week High22.74
52 Week Low18.75
CS1 End20.42
CR1 Start22.51
Volume & EV
DER(3)0%
DER(5)0%
Volume1.30K
Volume Incr115.19%
Vol(5)5.58K
Vol(50)6.21K