TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) Stock Technical Analysis
Canada - TSX:TA-PR-J - CA89346D6770
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 longer term time frames. Compared to the overall market however, TA-PR-J is a bad performer.
TA-PR-J has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.57, a Stop Loss order could be placed below this zone.
More info and screens
22.82
3 important support areas can be observed.
- A support zone ranging from 24.37 to 25.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.77 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.70 to 25.75. 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 | UP | POSITIVE | The short term trend for TA-PR-J.CA is up. |
| ChartMill Relative Strength | 38.99 | 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) | 61.25 | NEUTRAL | The RSI value for TA-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TA-PR-J.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests TA-PR-J.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for TA-PR-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for TA-PR-J.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 25.76 | 25.29 | 0.47 (1.82%) | 25.00% |
| An entry @25.76. This is a Buy Stop order right above the resistance zone. | An exit @25.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.47 points, which is 1.82%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (10/28/2025, 7:00:00 PM)
25.66
-0.09 (-0.35%)
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 6 / 10 to TA-PR-J.CA.
What is the trend direction for TA-PR-J stock?
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 61.2532. This indicates that the stock is currently neutral.
What is the MACD signal for TA-PR-J stock?
The MACD indicator for TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) has a value of 0.0221135, indicating a bearish trend.
What is the short term momentum for TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) stock?
The short term momentum for TRANSALTA CORP - TACN 6.773 PERP (TA-PR-J.CA) is positive.