TRANSALTA CORP - TACN 6.894 PERP (TA-PR-H.CA) Stock Technical Analysis
TSX:TA-PR-H - CA89346D7273
25.05 CAD
-0.13 (-0.52%)
Overall TA-PR-H gets a technical rating of 5 out of 10. In the last year, TA-PR-H was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TA-PR-H is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, of which 70% are performing better than TA-PR-H.
Warning: TA-PR-H has an average volume of 5311 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 gets the benefit of the doubt for now.
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.
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 40% of all stocks.
In the last month TA-PR-H has a been trading in a tight range between 24.88 and 25.24.
Volume is considerably higher in the last couple of days.
TA-PR-H has an average technical rating and also the quality of the setup is 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
25.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.80 to 24.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.34 from a horizontal line in the daily time frame.
- A support zone ranging from 23.13 to 23.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.95 to 22.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.11 to 25.35. 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 | 40.25 | 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) | 48.66 | NEUTRAL | The RSI value for TA-PR-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TA-PR-H.CA has a negative trend. |
| Stochastics (14,3) | 65.74 | NEUTRAL | The Stochastics value for TA-PR-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for TA-PR-H.CA suggests a weak or negative trend. |
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)
TRANSALTA CORP - TACN 6.894 PERP
TSX:TA-PR-H (8/29/2025, 7:00:00 PM)
25.05
-0.13 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.52%
1 Week0%
2 Weeks0.04%
1 Month-0.6%
3 Month2.04%
6 Month4.46%
12 Month7.93%
2 Year23.7%
3 Year2.96%
5 Year71.58%
10 Year102.02%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.34%
ATR Inc146.67%
Range Today0.17
ADR(20)0.07
ADR(20)%0.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.25
Mansfield-0.39
10 Day High25.21
10 Day Low24.88
20 Day High25.24
20 Day Low24.88
52 Week High25.35
52 Week Low21.08
CS1 End24.99
CR1 Start25.11
Volume & EV
DER(3)0%
DER(5)0%
Volume5.30K
Volume Incr198.26%
Vol(5)10.16K
Vol(50)5.31K