TRANSALTA CORP (TA.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:TA • CA89346D1078
We assign a technical rating of 2 out of 10 to TA. TA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, TA is a bad performer in the overall market: 62% of all stocks are doing better.
- TA has an average volume of 1194880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- TA is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 45% 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 currently trading near new highs, so TA is lagging the market.
- In the last month TA has a been trading in the 16.61 - 18.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.35
We found 3 important support areas.
- A support zone ranging from 16.81 to 17.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.51 from a horizontal line in the daily time frame.
- Support @14.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.06 to 18.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.54 from a trend line in the daily time frame.
- Resistance @18.87 from a horizontal line in the daily time frame.
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 | 38.45 | NEUTRAL | TA.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TA.CA is below a declining 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) | 51.29 | NEUTRAL | The RSI value for TA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.41 | NEUTRAL | The Stochastics value for TA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for TA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for TA.CA suggests a weak or negative trend. |
TSX:TA (2/10/2026, 7:00:00 PM)
17.96
-0.48 (-2.6%)
TRANSALTA CORP / TA.CA FAQ
Can you provide the ChartMill technical rating for TRANSALTA CORP?
ChartMill assigns a technical rating of 2 / 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 51.2865. 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 0.0905334, 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.