TRANSALTA CORP (TA.CA) Stock Technical Analysis
Canada - TSX:TA - CA89346D1078 - Common Stock
23.49 CAD
+1.67 (+7.65%)
Overall TA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TA is one of the better performing stocks in the market, outperforming 80% of all stocks.
TA is part of the Independent Power and Renewable Electricity Producers industry. There are 34 other stocks in this industry. TA outperforms 93% of them.
A new 52 week high is currently being made by TA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TA has a been trading in the 17.57 - 23.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TA has an average volume of 1356670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.27
23.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.87 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.51 from a horizontal line in the daily time frame.
- Support @13.40 from a trend line in the weekly time frame.
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 | 80.4 | POSITIVE | TA.CA has a high relative strength, it outperformed 80.4% 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) | 88.76 | OVERBOUGHT | The high RSI value suggests TA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests TA.CA has a positive trend. |
| Stochastics (14,3) | 89.42 | OVERBOUGHT | The high Stochastics value suggests TA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 67.46 | POSITIVE | The high ADX value value for TA.CA suggests a strong trend. |
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)
TSX:TA (10/14/2025, 7:00:00 PM)
23.49
+1.67 (+7.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg7.65%
1 Week14.75%
2 Weeks23.37%
1 Month31.38%
3 Month38.58%
6 Month94.61%
12 Month62.56%
2 Year131.43%
3 Year95.75%
5 Year197.34%
10 Year285.08%
15 Year13.75%
Volatility
ATR(14)0.69
ATR(20)%2.72%
ATR Inc155.04%
Range Today1
ADR(20)0.58
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.4
Mansfield3.49
10 Day High23.75
10 Day Low18.86
20 Day High23.75
20 Day Low17.57
52 Week High23.75
52 Week Low11.16
CS1 End18.1
CR1 StartN/A
Volume & EV
DER(3)3.95%
DER(5)6.5%
Volume4.71M
Volume Incr154.37%
Vol(5)2.99M
Vol(50)1.36M