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TRANSALTA CORP (TA.CA) Stock Technical Analysis

Canada - TSX:TA - CA89346D1078 - Common Stock

21.77 CAD
+0.64 (+3.03%)
Last: 11/7/2025, 7:00:00 PM
Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to TA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TA is one of the better performing stocks in the market, outperforming 82% of all stocks.
TA is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry. TA outperforms 93% of them.
TA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TA is performing more or less in line with the market.
TA has an average volume of 1653220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TA has a been trading in the 19.13 - 25.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Weekly and Daily overview Charts
TRANSALTA CORP / TA Weekly stock chart
TRANSALTA CORP / TA Daily stock chart
Setup Rating and Analysis

3

Although TA has an excellent technical rating, it does not offer a high 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.

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Support and Resistance Analysis

13.45

21.99

When analyzing the support we can see 3 important areas.

  • Support @21.13 from a horizontal line in the daily time frame.
  • Support @19.22 from a trend line in the daily time frame.
  • Support @13.59 from a trend line in the weekly time frame.

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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 IndicatorNEUTRALNEUTRALThe short term trend for TA.CA is neutral.
ChartMill Relative Strength82.18POSITIVETA.CA has a high relative strength, it outperformed 82.18% 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)UPPOSITIVEThe current price of TA.CA is above 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)44.75NEUTRALThe RSI value for TA.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.47NEGATIVEThe MACD value suggests TA.CA has a negative trend.
Stochastics (14,3)41.86NEUTRALThe Stochastics value for TA.CA is a neutral value.
Average True Range in percent/ATR (20)5.33HIGH VOLATILITYThe high ATR as a percentage value for TA.CA suggests high volalility.
Average Directional Index/ADX (14)51.44POSITIVEThe 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)

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TRANSALTA CORP / TA Daily stock chart

TRANSALTA CORP

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

21.77

+0.64 (+3.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg3.03%
1 Week-12.18%
2 Weeks-9.89%
1 Month-0.55%
3 Month30.91%
6 Month80.66%
12 Month51.71%
2 Year97.19%
3 Year73.33%
5 Year141.89%
10 Year305.4%
15 Year3.86%
Volatility
ATR(14)1.2
ATR(20)%5.33%
ATR Inc334.84%
Range Today2.48
ADR(20)0.96
ADR(20)%4.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.18
3 months CRS83.64
6 months CRS88.86
Mansfield1.94
10 Day High25.03
10 Day Low19.13
20 Day High25.03
20 Day Low19.13
52 Week High25.03
52 Week Low11.16
CS1 End21.13
CR1 StartN/A
Volume & EV
DER(3)0.89%
DER(5)0.86%
Volume3.75M
Volume Incr42.91%
Vol(5)3.05M
Vol(50)1.65M

TRANSALTA CORP / TA.CA FAQ

Can you provide the ChartMill technical rating for TRANSALTA CORP?

ChartMill assigns a technical rating of 8 / 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 44.7471. 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 neutral.


What is the support and resistance level for TA stock?

TRANSALTA CORP (TA.CA) has a support level at 21.13. Check the full technical report for our detailed analysis of TA.CA support and resistance levels.