TRANSALTA CORP (TA.CA) Technical Analysis
TSX:TA • CA89346D1078
Taking everything into account, TA scores 4 out of 10 in our technical rating. In the past year, TA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- In the last month TA has a been trading in the 16.85 - 19.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- TA has an average volume of 1149530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, TA turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- TA is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, TA did better than 61% of them.
- 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.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, TA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.15, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.53
We found 5 important support areas.
- A support zone ranging from 17.74 to 18.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.16 to 17.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.81 from a horizontal line in the daily time frame.
- Support @16.51 from a horizontal line in the daily time frame.
- Support @14.68 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.68 to 18.90. 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 | NEUTRAL | NEUTRAL | The long term trend for TA.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TA.CA is neutral. |
| ChartMill Relative Strength | 57.22 | NEUTRAL | TA.CA is not amongst the best or worst performers 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) | 51.14 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.49 | NEUTRAL | The Stochastics value for TA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.6 | NEGATIVE | The low ADX value for TA.CA suggests a weak or negative trend. |
TA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TA (3/5/2026, 7:00:00 PM)
18.2
+0.13 (+0.72%)
TRANSALTA CORP / TA.CA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 4 / 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 Bearish.
Can you provide the RSI signal for TRANSALTA CORP?
TRANSALTA CORP (TA.CA) has an RSI value of 51.1362. This indicates that the stock is currently neutral.
What is the MACD signal for TA stock?
The MACD indicator for TRANSALTA CORP (TA.CA) has a value of 0.0030594, indicating a bearish trend.
What is the short term momentum for TRANSALTA CORP (TA.CA) stock?
The short term momentum for TRANSALTA CORP (TA.CA) is neutral.