TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) Stock Technical Analysis
TSX:TA-PR-H • CA89346D7273
We assign a technical rating of 5 out of 10 to TA-PR-H. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, TA-PR-H is a bad performer.
- 65% of all other stocks performed better in the past year than TA-PR-H.
- TA-PR-H is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 74% of 32 stocks in the same industry do better.
- Warning: TA-PR-H has an average volume of 3487 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- TA-PR-H is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TA-PR-H has a been trading in a tight range between 25.45 and 25.88.
- Volume is considerably higher in the last couple of days.
TA-PR-H has an average technical rating and it also does not offer a high quality setup 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
23.39
We found 3 important support areas.
- A support zone ranging from 25.58 to 25.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @23.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.67 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 | 35.24 | NEUTRAL | TA-PR-H.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-H.CA is below the rising 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) | 48.39 | NEUTRAL | The RSI value for TA-PR-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TA-PR-H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.88 | NEUTRAL | The Stochastics value for TA-PR-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for TA-PR-H.CA suggests a weak or negative trend. |
TRANSALTA CORP - TACN 6.894 PERP
TSX:TA-PR-H (2/27/2026, 7:00:00 PM)
25.64
-0.2 (-0.77%)
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.
What is the current trend direction of TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) stock?
The current trend direction for TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) is Bullish.
What is the RSI signal for TA-PR-H stock?
TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) has an RSI value of 48.3883. This indicates that the stock is currently neutral.
What is the short term momentum for TA-PR-H stock?
The short term momentum for TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) is neutral.