TRANSALTA CORP (TA.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TA - CA89346D1078 - Common Stock
Taking everything into account, TA scores 4 out of 10 in our technical rating. In the last year, TA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TA has an average technical rating and the quality of the presented setup is also 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
13.64
2 important support areas can be observed.
- A support zone ranging from 19.34 to 19.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.75 to 20.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TA.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TA.CA is down. |
| ChartMill Relative Strength | 72.2 | POSITIVE | TA.CA has a high relative strength, it outperformed 72.2% 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) | UP | MIXED | The current price of TA.CA is below 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) | 38.38 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests TA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.98 | OVERSOLD | The low Stochastics value suggests TA.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for TA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.35 | POSITIVE | The high ADX value value for TA.CA suggests a strong trend. |
TSX:TA (11/25/2025, 7:00:00 PM)
19.74
-0.29 (-1.45%)
TRANSALTA CORP / TA.CA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 4 / 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 38.3769. 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 negative.
What is the support and resistance level for TA stock?
TRANSALTA CORP (TA.CA) has a support level at 19.34 and a resistance level at 19.75. Check the full technical report for our detailed analysis of TA.CA support and resistance levels.