TRANSALTA CORP (TA.CA) Technical Analysis
TSX:TA • CA89346D1078
Current stock price
TA.CA Technical Rating and Analysis
Taking everything into account, TA scores 1 out of 10 in our technical rating. TA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month TA has a been trading in the 16.34 - 19.70 range, which is quite wide. It is currently trading near the lows of this range.
- TA is one of the better performing stocks in the Independent Power and Renewable Electricity Producers industry, it outperforms 80% of 32 stocks in the same industry.
- TA has an average volume of 1364330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 64% of all stocks.
- 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
The technical rating of TA is bad and it also does not present a quality setup 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
14.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.22 to 16.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.74 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 16.51 to 16.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.84 to 18.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.65 to 18.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.36 to 19.36. 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 | DOWN | NEGATIVE | The long term trend for TA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TA.CA is down. |
| ChartMill Relative Strength | 64.06 | NEUTRAL | TA.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TA.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.29 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.89 | NEUTRAL | The Stochastics value for TA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.54 | NEGATIVE | The low ADX value for TA.CA suggests a weak or negative trend. |
TA.CA Chart- and CandleStick Pattern Analysis
TA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TA (4/29/2026, 7:00:00 PM)
16.45
-0.72 (-4.19%)
TRANSALTA CORP / TA.CA TA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 1 / 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.
What is the RSI signal for TA stock?
TRANSALTA CORP (TA.CA) has an RSI value of 46.2934. 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 -0.149562, 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 16.77 and a resistance level at 17.84. Check the full technical report for our detailed analysis of TA.CA support and resistance levels.