TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TA-PR-J - CA89346D6770
We assign a technical rating of 4 out of 10 to TA-PR-J. In the last year, TA-PR-J was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- 63% of all other stocks performed better in the past year than TA-PR-J.
- TA-PR-J is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, of which 64% are performing better than TA-PR-J.
- Warning: TA-PR-J has an average volume of 2140 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- TA-PR-J 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-J has a been trading in a tight range between 25.70 and 26.07.
TA-PR-J has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.82, a Stop Loss order could be placed below this zone.
More info and screens
22.82
4 important support areas can be observed.
- A support zone ranging from 25.67 to 25.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.86 to 25.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.98 from a trend line in the weekly time frame.
- A support zone ranging from 23.05 to 23.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.81 to 26.07. 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-J.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TA-PR-J.CA is neutral. |
| ChartMill Relative Strength | 37.31 | NEUTRAL | TA-PR-J.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-J.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TA-PR-J.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA-PR-J.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for TA-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TA-PR-J.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.71 | NEUTRAL | The Stochastics value for TA-PR-J.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for TA-PR-J.CA suggests a weak or negative trend. |
TRANSALTA CORP - TACN 6.773 PERP
TSX:TA-PR-J (1/20/2026, 7:00:00 PM)
25.79
-0.02 (-0.08%)
TRANSALTA CORP - TACN 6.773 PERP / TA-PR-J.CA FAQ
What is the technical rating for TA-PR-J stock?
ChartMill assigns a technical rating of 4 / 10 to TA-PR-J.CA.
Can you provide the trend direction for TRANSALTA CORP - TACN 6.773 PERP?
The current trend direction for TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) is Bullish.
What is the RSI signal for TA-PR-J stock?
TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) has an RSI value of 50.6232. This indicates that the stock is currently neutral.
What is the MACD signal for TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) stock?
The MACD indicator for TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) has a value of -0.00372344, indicating a bearish trend.