TRANSALTA CORP (TA.CA) Technical Analysis
TSX:TA • CA89346D1078
Current stock price
TA.CA Technical Rating and Analysis
Overall TA gets a technical rating of 7 out of 10. Although TA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that TA is one of the better performing stocks in the market, outperforming 73% of all stocks. On top of that, TA also shows a nice and consistent pattern of rising prices.
- TA is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry. TA outperforms 87% of them.
- In the last month TA has a been trading in the 15.62 - 18.77 range, which is quite wide. It is currently trading near the high of this range.
- TA has an average volume of 1333860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
TA.CA Weekly and Daily overview Charts
TA.CA Setup Rating and Analysis
Although TA has an excellent technical rating, the quality of the presented setup is not ideal 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
14.37
3 important support areas can be observed.
- A support zone ranging from 17.49 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.22 to 16.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.52 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.77 to 18.90. 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 | NEUTRAL | NEUTRAL | The long term trend for TA.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TA.CA is up. |
| ChartMill Relative Strength | 73.66 | POSITIVE | TA.CA has a high relative strength, it outperformed 73.66% 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) | 61.97 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests TA.CA has a positive trend. |
| Stochastics (14,3) | 95.64 | OVERBOUGHT | The high Stochastics value suggests TA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.23 | 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 (4/2/2026, 7:00:00 PM)
18.76
+0.26 (+1.41%)
TRANSALTA CORP / TA.CA TA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 7 / 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 61.9685. 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 0.189179, 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 17.97 and a resistance level at 18.77. Check the full technical report for our detailed analysis of TA.CA support and resistance levels.