Canada - TSX:TA - CA89346D1078 - Common Stock
Overall TA gets a technical rating of 6 out of 10. In the last year, TA was one of the better performers, but we do observe some doubts in the very recent evolution.
TA 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.
13.58
We found 3 important support areas.
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.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TA.CA is down. |
| ChartMill Relative Strength | 76.64 | POSITIVE | TA.CA has a high relative strength, it outperformed 76.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TA.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.45 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests TA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.38 | OVERSOLD | The low Stochastics value suggests TA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for TA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.63 | POSITIVE | The high ADX value value for TA.CA suggests a strong trend. |
TSX:TA (11/18/2025, 7:00:00 PM)
20.18
+0.18 (+0.9%)
ChartMill assigns a technical rating of 6 / 10 to TA.CA.
The current trend direction for TRANSALTA CORP (TA.CA) is Bullish.
TRANSALTA CORP (TA.CA) has an RSI value of 37.4473. This indicates that the stock is currently neutral.
The short term momentum for TRANSALTA CORP (TA.CA) is negative.
TRANSALTA CORP (TA.CA) has a support level at 20.17. Check the full technical report for our detailed analysis of TA.CA support and resistance levels.