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TRANSALTA CORP (TA.CA) Stock Technical Analysis

Canada - TSX:TA - CA89346D1078 - Common Stock

20.18 CAD
+0.18 (+0.9%)
Last: 11/18/2025, 7:00:00 PM
Technical Rating and Analysis

6

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.

In the last month TA has a been trading in the 19.13 - 25.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that TA is one of the better performing stocks in the market, outperforming 76% of all stocks.
TA is part of the Independent Power and Renewable Electricity Producers industry. There are 33 other stocks in this industry. TA outperforms 90% of them.
TA has an average volume of 1777420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TA is lagging the market slightly.
Weekly and Daily overview Charts
TRANSALTA CORP / TA Weekly stock chart
TRANSALTA CORP / TA Daily stock chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

13.58

20.38

We found 3 important support areas.

  • A support zone ranging from 20.00 to 20.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.63 from a trend line in the daily time frame.
  • Support @13.72 from a trend line in the weekly time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for TA.CA is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TA.CA is down.
ChartMill Relative Strength76.64POSITIVETA.CA has a high relative strength, it outperformed 76.64% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TA.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of TA.CA is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of TA.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)37.45NEUTRALThe RSI value for TA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.54NEGATIVEThe MACD value suggests TA.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)18.38OVERSOLDThe low Stochastics value suggests TA.CA may be oversold.
Average True Range in percent/ATR (20)5.66HIGH VOLATILITYThe high ATR as a percentage value for TA.CA suggests high volalility.
Average Directional Index/ADX (14)45.63POSITIVEThe high ADX value value for TA.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
TRANSALTA CORP / TA Daily stock chart

TRANSALTA CORP

TSX:TA (11/18/2025, 7:00:00 PM)

20.18

+0.18 (+0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0.9%
1 Week-7.3%
2 Weeks-14.16%
1 Month-13.8%
3 Month20.48%
6 Month60.67%
12 Month34.35%
2 Year82.79%
3 Year60.67%
5 Year124.22%
10 Year275.79%
15 Year-3.72%
Volatility
ATR(14)1.23
ATR(20)%5.66%
ATR Inc-15.73%
Range Today0.86
ADR(20)1.01
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.64
3 months CRS78.76
6 months CRS85.99
Mansfield0.94
10 Day High24.05
10 Day Low19.13
20 Day High25.03
20 Day Low19.13
52 Week High25.03
52 Week Low11.16
CS1 End20.17
CR1 StartN/A
Volume & EV
DER(3)1.81%
DER(5)1.06%
Volume1.08M
Volume Incr-10.82%
Vol(5)1.84M
Vol(50)1.78M

TRANSALTA CORP / TA.CA FAQ

Can you provide the ChartMill technical rating for TRANSALTA CORP?

ChartMill assigns a technical rating of 6 / 10 to TA.CA.


Can you provide the trend direction for TRANSALTA CORP?

The current trend direction for TRANSALTA CORP (TA.CA) is Bullish.


Can you provide the RSI signal for TRANSALTA CORP?

TRANSALTA CORP (TA.CA) has an RSI value of 37.4473. This indicates that the stock is currently neutral.


What is the short term momentum for TRANSALTA CORP (TA.CA) stock?

The short term momentum for TRANSALTA CORP (TA.CA) is negative.


What is the support and resistance level for TA stock?

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.