TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TA-PR-H - CA89346D7273
Overall TA-PR-H gets a technical rating of 5 out of 10. TA-PR-H has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, TA-PR-H does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
23.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.85 to 24.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.34 from a horizontal line in the daily time frame.
- Support @23.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.66 to 25.88. 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-H.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TA-PR-H.CA is neutral. |
| ChartMill Relative Strength | 47.44 | NEUTRAL | TA-PR-H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TA-PR-H.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA-PR-H.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA-PR-H.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for TA-PR-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TA-PR-H.CA has a negative trend. |
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for TA-PR-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.59 | NEUTRAL | The ADX value for TA-PR-H.CA suggests a possible start of a new trend. |
TRANSALTA CORP - TACN 6.894 PERP
TSX:TA-PR-H (12/8/2025, 7:00:00 PM)
25.56
+0.06 (+0.24%)
TRANSALTA CORP - TACN 6.894 PERP / TA-PR-H.CA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP - TACN 6.894 PERP?
ChartMill assigns a technical rating of 5 / 10 to TA-PR-H.CA.
Can you provide the trend direction for TRANSALTA CORP - TACN 6.894 PERP?
The current trend direction for TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) is Bullish.
What is the RSI signal for TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) stock?
TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) has an RSI value of 48.7834. This indicates that the stock is currently neutral.
What are the support and resistance levels for TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) stock?
TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) has a support level at 24.87 and a resistance level at 25.66. Check the full technical report for our detailed analysis of TA-PR-H.CA support and resistance levels.