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TRANSALTA CORP (TA.CA) Stock Technical Analysis

Canada - TSX:TA - CA89346D1078 - Common Stock

23.8 CAD
-0.12 (-0.5%)
Last: 10/16/2025, 7:00:00 PM
Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to TA. Both in the recent history as in the last year, TA has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TA did better than 81% of all other stocks.
TA is part of the Independent Power and Renewable Electricity Producers industry. There are 34 other stocks in this industry. TA outperforms 96% of them.
TA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TA has a been trading in the 18.14 - 24.37 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TA has an average volume of 1401480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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 present a decent entry opportunity 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.

Support and Resistance Analysis

13.27

24.04

When analyzing the support we can see 3 important areas.

  • Support @17.98 from a trend line in the daily time frame.
  • Support @16.51 from a horizontal line in the daily time frame.
  • Support @13.40 from a trend line in the weekly time frame.

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 IndicatorUPPOSITIVEThe short term trend for TA.CA is up.
ChartMill Relative Strength81.32POSITIVETA.CA has a high relative strength, it outperformed 81.32% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TA.CA is above the rising 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)87.58OVERBOUGHTThe high RSI value suggests TA.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.39POSITIVEThe MACD value suggests TA.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)92.33OVERBOUGHTThe high Stochastics value suggests TA.CA may be overbought.
Average True Range in percent/ATR (20)2.86MEDIUM VOLATILITYThe ATR as a percentage value for TA.CA suggests some volalility.
Average Directional Index/ADX (14)69.64POSITIVEThe 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)
TRANSALTA CORP / TA Daily stock chart

TRANSALTA CORP

TSX:TA (10/16/2025, 7:00:00 PM)

23.8

-0.12 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.5%
1 Week9.32%
2 Weeks23.51%
1 Month31.56%
3 Month40.41%
6 Month97.18%
12 Month64.71%
2 Year134.48%
3 Year98.33%
5 Year201.27%
10 Year290.16%
15 Year15.25%
Volatility
ATR(14)0.76
ATR(20)%2.86%
ATR Inc22.53%
Range Today0.81
ADR(20)0.61
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.32
Mansfield3.54
10 Day High24.37
10 Day Low18.86
20 Day High24.37
20 Day Low18.14
52 Week High24.37
52 Week Low11.16
CS1 End17.98
CR1 StartN/A
Volume & EV
DER(3)-0.27%
DER(5)1.82%
Volume3.03M
Volume Incr136.93%
Vol(5)3.21M
Vol(50)1.40M