TRANSALTA CORP (TA.CA) Technical Analysis
TSX:TA • CA89346D1078
Current stock price
TA.CA Technical Rating and Analysis
Taking everything into account, TA scores 8 out of 10 in our technical rating. In the last year, TA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TA is one of the better performing stocks in the market, outperforming 75% of all stocks.
- TA is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry. TA outperforms 90% of them.
- In the last month TA has a been trading in the 15.62 - 19.70 range, which is quite wide. It is currently trading near the high of this range.
- TA has an average volume of 1305850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TA is lagging the market.
TA.CA Weekly and Daily overview Charts
TA.CA Setup Rating and Analysis
Although TA has an excellent technical rating, the quality of the presented setup is not ideal 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
TA.CA Support and Resistance Analysis
14.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.74 to 18.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.38 to 16.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.37 to 19.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
TA.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for TA.CA is up. |
| ChartMill Relative Strength | 75.48 | POSITIVE | TA.CA has a high relative strength, it outperformed 75.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TA.CA is above 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) | 66.82 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests TA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.69 | OVERBOUGHT | The high Stochastics value suggests TA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for TA.CA suggests a weak or negative trend. |
TA.CA Chart- and CandleStick Pattern Analysis
TA.CA Example Setup
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 |
|---|---|---|---|
| 19.38 | 17.56 | 1.82 (9.39%) | 10.65% |
| An entry @19.38. This is a Buy Stop order right above the resistance zone. | An exit @17.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.82 points, which is 9.39%. | When investing 10.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TA (4/10/2026, 7:00:00 PM)
19.36
+0.23 (+1.2%)
TRANSALTA CORP / TA.CA TA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 8 / 10 to TA.CA.
What is the current trend direction of TRANSALTA CORP (TA.CA) stock?
The current trend direction for TRANSALTA CORP (TA.CA) is Bullish.
What is the RSI signal for TA stock?
TRANSALTA CORP (TA.CA) has an RSI value of 66.8193. This indicates that the stock is currently neutral.
What is the MACD signal for TRANSALTA CORP (TA.CA) stock?
The MACD indicator for TRANSALTA CORP (TA.CA) has a value of 0.190876, indicating a bearish trend.
What are the support and resistance levels for TRANSALTA CORP (TA.CA) stock?
TRANSALTA CORP (TA.CA) has a support level at 18.17 and a resistance level at 19.37. Check the full technical report for our detailed analysis of TA.CA support and resistance levels.