TRANSALTA CORP (TA.CA) Technical Analysis
TSX:TA • CA89346D1078
17.32 CAD
-0.88 (-4.84%)
Last: Mar 6, 2026, 07:00 PM
We assign a technical rating of 4 out of 10 to TA. TA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- In the last month TA has a been trading in the 17.13 - 19.45 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TA has an average volume of 1162730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, TA outperforms 50% of them, which is more or less in line with the market.
- TA is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 58% of 32 stocks in the same industry.
- 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 has an average technical rating and also the quality of the setup is only medium 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
14.15
19.09
We found 4 important support areas.
- A support zone ranging from 17.16 to 17.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.81 from a horizontal line in the daily time frame.
- Support @16.51 from a horizontal line in the daily time frame.
- Support @14.29 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.75 to 18.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.61 to 18.90. 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 | NEUTRAL | NEUTRAL | The long term trend for TA.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TA.CA is neutral. |
| ChartMill Relative Strength | 50.1 | NEUTRAL | TA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TA.CA is below the rising 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 | MIXED | The current price of TA.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TA.CA has a negative trend. |
| Stochastics (14,3) | 29.23 | NEUTRAL | The Stochastics value for TA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for TA.CA suggests a weak or negative 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)
TA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:TA (3/6/2026, 7:00:00 PM)
17.32
-0.88 (-4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-4.84%
1 Week-7.63%
2 Weeks-6.23%
1 Month2.36%
3 Month-10.95%
6 Month1.76%
12 Month29.25%
2 Year99.31%
3 Year46.53%
5 Year45.55%
10 Year186.76%
15 Year-15.26%
Volatility
ATR(14)0.7
ATR(20)%4.13%
ATR Inc10.68%
Range Today0.78
ADR(20)0.66
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.1
3 months CRS14.72
6 months CRS39.99
Mansfield-0.3
10 Day High19.45
10 Day Low17.14
20 Day High19.45
20 Day Low17.13
52 Week High25.03
52 Week Low11.16
CS1 End17.28
CR1 Start17.75
Volume & EV
DER(3)-4.37%
DER(5)-5.45%
Volume2.01M
Volume Incr40.54%
Vol(5)1.57M
Vol(50)1.16M
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.
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 42.7461. 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 -0.0587199, 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 neutral.