TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) Stock Technical Analysis
TSX:TA-PR-J - CA89346D6770
25.35 CAD
-0.13 (-0.51%)
We assign a technical rating of 6 out of 10 to TA-PR-J. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TA-PR-J is only an average performer.
TA-PR-J is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 67% of 32 stocks in the same industry do better.
Warning: TA-PR-J has an average volume of 3183 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 in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TA-PR-J is lagging the market slightly.
When comparing the performance of all stocks over the past year, TA-PR-J turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
In the last month TA-PR-J has a been trading in a tight range between 25.00 and 25.53.
Volume is considerably higher in the last couple of days.
TA-PR-J has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.34, a Stop Loss order could be placed below this zone.
More info and screens
22.82
25.76
We found 2 important support areas.
- A support zone ranging from 24.37 to 25.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 25.40 to 25.50. This zone is formed by a combination of multiple trend lines 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 | 42.02 | NEUTRAL | TA-PR-J.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TA-PR-J.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA-PR-J.CA is above 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) | 53.02 | NEUTRAL | The RSI value for TA-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TA-PR-J.CA has a positive trend. |
| Stochastics (14,3) | 60.75 | NEUTRAL | The Stochastics value for TA-PR-J.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-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for TA-PR-J.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.51 | 24.99 | 0.52 (2.04%) | 25.00% |
| An entry @25.51. This is a Buy Stop order right above the resistance zone. | An exit @24.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.52 points, which is 2.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TRANSALTA CORP - TACN 6.773 PERP
TSX:TA-PR-J (8/29/2025, 7:00:00 PM)
25.35
-0.13 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.51%
1 Week0%
2 Weeks0.6%
1 Month0.2%
3 Month1.97%
6 Month3.43%
12 Month9.36%
2 Year33.77%
3 Year15.75%
5 Year58.44%
10 Year87.08%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.49%
ATR Inc265.91%
Range Today0.44
ADR(20)0.11
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.02
Mansfield-0.46
10 Day High25.48
10 Day Low25
20 Day High25.53
20 Day Low25
52 Week High25.53
52 Week Low22.81
CS1 End25.34
CR1 Start25.4
Volume & EV
DER(3)0%
DER(5)0%
Volume12.90K
Volume Incr44.92%
Vol(5)5.33K
Vol(50)3.18K