TRANSALTA CORP - TACN 5.29 PERP (TA-PR-G.CA) Technical Analysis
TSX:TA-PR-G • CA89346D7430
We assign a technical rating of 7 out of 10 to TA-PR-G. Although TA-PR-G 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-G has an average volume of 779 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-G is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 70% of 32 stocks in the same industry.
- TA-PR-G 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-G is lagging the market slightly.
- When compared to the yearly performance of all other stocks, TA-PR-G outperforms 56% of them, which is more or less in line with the market.
- In the last month TA-PR-G has a been trading in the 23.50 - 25.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TA-PR-G has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 24.09, a Stop Loss order could be placed below this zone.
More info and screens
19.31
When analyzing the support we can see 5 important areas.
- A support zone ranging from 23.50 to 24.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.97 to 21.00. 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 one important area.
- Resistance @25.41 from a horizontal line in the daily time frame.
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 | 56.09 | NEUTRAL | TA-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TA-PR-G.CA is above a declining 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) | 55.54 | NEUTRAL | The RSI value for TA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TA-PR-G.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.67 | NEUTRAL | The Stochastics value for TA-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.27 | NEUTRAL | The ADX value for TA-PR-G.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 24.51 | 23.49 | 1.02 (4.16%) | 24.03% |
| An entry @24.51. This is a Buy Stop order right above the 10 day high. | An exit @23.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.02 points, which is 4.16%. | For a 1.00% total portfolio risk, you can invest 24.03% of your capital in this trade. |
- 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 5.29 PERP
TSX:TA-PR-G (3/3/2026, 7:00:00 PM)
24.25
-0.25 (-1.02%)
TRANSALTA CORP - TACN 5.29 PERP / TA-PR-G.CA FAQ
What is the ChartMill technical rating of TRANSALTA CORP - TACN 5.29 PERP (TA-PR-G.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to TA-PR-G.CA.
Can you provide the trend direction for TRANSALTA CORP - TACN 5.29 PERP?
The current trend direction for TRANSALTA CORP - TACN 5.29 PERP (TA-PR-G.CA) is Bullish.
Can you provide the RSI signal for TRANSALTA CORP - TACN 5.29 PERP?
TRANSALTA CORP - TACN 5.29 PERP (TA-PR-G.CA) has an RSI value of 55.5404. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRANSALTA CORP - TACN 5.29 PERP?
The buy/sell signal for TRANSALTA CORP - TACN 5.29 PERP (TA-PR-G.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TA-PR-G stock?
TRANSALTA CORP - TACN 5.29 PERP (TA-PR-G.CA) has a support level at 24.09 and a resistance level at 25.41. Check the full technical report for our detailed analysis of TA-PR-G.CA support and resistance levels.