TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) Stock Technical Analysis
TSX:TA-PR-H - Toronto Stock Exchange - CA89346D7273 - Currency: CAD
Overall TA-PR-H gets a technical rating of 1 out of 10. TA-PR-H has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
TA-PR-H is part of the Independent Power and Renewable Electricity Producers industry. There are 39 other stocks in this industry, of which 60% are performing better than TA-PR-H.
Warning: TA-PR-H has an average volume of 3836 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TA-PR-H has a been trading in the 21.08 - 23.47 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, TA-PR-H turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
TA-PR-H is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
TA-PR-H has a poor technical rating and the quality of the setup is also only medium 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
21.73
24.46
When analyzing the support we notice one important area.
- A support zone ranging from 21.95 to 22.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.16 to 23.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.03 to 24.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.17
Mansfield-0.01
10 Day High23.07
10 Day Low22.45
20 Day High23.47
20 Day Low21.08
52 Week High24.22
52 Week Low20.55
Performance
1 Week1.63%
2 Weeks2.31%
1 Month-2.62%
3 Month-3.31%
6 Month0%
12 Month4.67%
2 Year8.97%
3 Year-4.19%
5 Year80.8%
10 Year23.83%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)54.2
LBB22.31
UBB23.18
TRANSALTA CORP - TACN 6.894 PERP
TSX:TA-PR-H (5/2/2025, 7:00:00 PM)
23.07
+0.13 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.57%
1 Week1.63%
2 Weeks2.31%
1 Month-2.62%
3 Month-3.31%
6 Month0%
12 Month4.67%
2 Year8.97%
3 Year-4.19%
5 Year80.8%
10 Year23.83%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.4%
ATR Inc-54.49%
Range Today0.07
ADR(20)0.24
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.17
Mansfield-0.01
10 Day High23.07
10 Day Low22.45
20 Day High23.47
20 Day Low21.08
52 Week High24.22
52 Week Low20.55
CS1 End22.87
CR1 Start23.16
Volume & EV
DER(3)0%
DER(5)0%
Volume1.30K
Volume Incr42.22%
Vol(5)5.06K
Vol(50)3.84K