TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) Technical Analysis
TSX:TA-PR-G • CA89346D7430
Current stock price
TA-PR-G.CA Technical Rating and Analysis
Overall TA-PR-G gets a technical rating of 8 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-G is only an average performer.
- Warning: TA-PR-G has an average volume of 773 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-G is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TA-PR-G is performing more or less in line with the market.
- In the last month TA-PR-G has a been trading in the 23.50 - 25.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, TA-PR-G turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- TA-PR-G is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 41% of 32 stocks in the same industry.
TA-PR-G.CA Weekly and Daily overview Charts
TA-PR-G.CA Setup Rating and Analysis
Besides having an excellent technical rating, TA-PR-G also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.00, a Stop Loss order could be placed below this zone. 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
TA-PR-G.CA Support and Resistance Analysis
19.31
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.50 to 24.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.14 to 21.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.55 from a horizontal line in the daily time frame.
- Support @20.00 from a horizontal line in the daily time frame.
- Support @19.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.23 to 24.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.41 to 25.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
TA-PR-G.CA Technical Indicator Signal Analysis
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-G.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TA-PR-G.CA is up. |
| ChartMill Relative Strength | 44.35 | NEUTRAL | TA-PR-G.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-G.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA-PR-G.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA-PR-G.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.24 | NEUTRAL | The RSI value for TA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TA-PR-G.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.02 | NEUTRAL | The Stochastics value for TA-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.24 | POSITIVE | The high ADX value value for TA-PR-G.CA suggests a strong trend. |
TA-PR-G.CA Chart- and CandleStick Pattern Analysis
TA-PR-G.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.26 | 24.04 | 0.22 (0.91%) | 25.00% |
| An entry @24.26. This is a Buy Stop order right above the resistance zone. | An exit @24.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.22 points, which is 0.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- The distance between exit and entry is rather small compared to the average daily movement of TA-PR-G. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TA-PR-G.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TRANSALTA CORP - TACN 5.41 PERP
TSX:TA-PR-G (4/2/2026, 7:00:00 PM)
24.1
+0.02 (+0.08%)
TRANSALTA CORP - TACN 5.41 PERP / TA-PR-G.CA TA FAQ
What is the ChartMill technical rating of TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to TA-PR-G.CA.
What is the current trend direction of TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) stock?
The current trend direction for TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) is Bullish.
What is the RSI signal for TA-PR-G stock?
TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) has an RSI value of 52.2382. This indicates that the stock is currently neutral.
What is the MACD signal for TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) stock?
The MACD indicator for TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) has a value of -0.0549251, indicating a bearish trend.
What is the short term momentum for TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) stock?
The short term momentum for TRANSALTA CORP - TACN 5.41 PERP (TA-PR-G.CA) is positive.