TRANSALTA CORP - TACN 5.3 PERP (TA-PR-G.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TA-PR-G - CA89346D7430
Taking everything into account, TA-PR-G 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-G is only an average performer.
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 very little resistance above the current price. There is a support zone below the current price at 23.67, a Stop Loss order could be placed below this zone.
More info and screens
19.11
5 important support areas can be observed.
- A support zone ranging from 23.10 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.01 from a horizontal line in the daily time frame.
- A support zone ranging from 20.55 to 20.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.00 from a horizontal line in the daily time frame.
- A support zone ranging from 19.30 to 19.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance 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 | 57.73 | 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) | 53.77 | NEUTRAL | The RSI value for TA-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TA-PR-G.CA has a negative trend. |
| Stochastics (14,3) | 59.98 | NEUTRAL | The Stochastics value for TA-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TA-PR-G.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.82 | 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 |
|---|---|---|---|
| 24.08 | 23.59 | 0.49 (2.04%) | 25.00% |
| An entry @24.08. This is a Buy Stop order right above the 10 day moving average. | An exit @23.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 2.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- 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.
TRANSALTA CORP - TACN 5.3 PERP
TSX:TA-PR-G (1/9/2026, 7:00:00 PM)
24.01
+0.01 (+0.04%)
TRANSALTA CORP - TACN 5.3 PERP / TA-PR-G.CA FAQ
What is the ChartMill technical rating of TRANSALTA CORP - TACN 5.3 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 5.3 PERP?
The current trend direction for TRANSALTA CORP - TACN 5.3 PERP (TA-PR-G.CA) is Bullish.
Can you provide the RSI signal for TRANSALTA CORP - TACN 5.3 PERP?
TRANSALTA CORP - TACN 5.3 PERP (TA-PR-G.CA) has an RSI value of 53.7741. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TRANSALTA CORP - TACN 5.3 PERP?
The buy/sell signal for TRANSALTA CORP - TACN 5.3 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 5.3 PERP (TA-PR-G.CA) has a support level at 23.67 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.