TRANSALTA CORP - TACN 5.28 PERP (TA-PR-G.CA) Stock Technical Analysis
TSX:TA-PR-G • CA89346D7430
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 787 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 however is currently trading near a new high, so TA-PR-G is lagging the market slightly.
- In the last month TA-PR-G has a been trading in the 22.80 - 25.41 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 47% of all stocks.
- TA-PR-G is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, TA-PR-G did better than 61% of them.
- Considerably lower volume is observed in the last couple of days.
Although TA-PR-G has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.31
5 important support areas can be observed.
- A support zone ranging from 23.45 to 23.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.89 to 20.95. 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.
- A support zone ranging from 20.00 to 20.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.51 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.60 to 23.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 47.02 | NEUTRAL | TA-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TA-PR-G.CA is below 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) | 49.93 | NEUTRAL | The RSI value for TA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TA-PR-G.CA has a negative trend. |
| Stochastics (14,3) | 10.67 | OVERSOLD | The low Stochastics value suggests TA-PR-G.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for TA-PR-G.CA suggests a possible start of a new trend. |
TRANSALTA CORP - TACN 5.28 PERP
TSX:TA-PR-G (2/9/2026, 7:00:00 PM)
23.5
-0.48 (-2%)
TRANSALTA CORP - TACN 5.28 PERP / TA-PR-G.CA FAQ
What is the ChartMill technical rating of TRANSALTA CORP - TACN 5.28 PERP (TA-PR-G.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to TA-PR-G.CA.
Can you provide the trend direction for TRANSALTA CORP - TACN 5.28 PERP?
The current trend direction for TRANSALTA CORP - TACN 5.28 PERP (TA-PR-G.CA) is Bullish.
Can you provide the RSI signal for TRANSALTA CORP - TACN 5.28 PERP?
TRANSALTA CORP - TACN 5.28 PERP (TA-PR-G.CA) has an RSI value of 49.9323. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRANSALTA CORP - TACN 5.28 PERP?
The buy/sell signal for TRANSALTA CORP - TACN 5.28 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 5.28 PERP (TA-PR-G.CA) has a support level at 23.49 and a resistance level at 23.6. Check the full technical report for our detailed analysis of TA-PR-G.CA support and resistance levels.