TRANSALTA CORP (TA.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TA - CA89346D1078 - Common Stock
Overall TA gets a technical rating of 0 out of 10. TA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
14.03
When analyzing the support we notice one important area.
- Support @14.17 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.07 to 17.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.86 to 17.86. 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 | 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 | 10.82 | NEGATIVE | TA.CA has a low relative strength, it was outperformed by 89.18% off all stocks 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 | POSITIVE | The current price of TA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.64 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.32 | OVERSOLD | The low Stochastics value suggests TA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for TA.CA suggests a strong trend. |
TSX:TA (1/8/2026, 7:00:00 PM)
16.91
-0.65 (-3.7%)
TRANSALTA CORP / TA.CA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 0 / 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 31.6415. 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 0.0528943, 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 negative.