Technical Analysis for RNW - TransAlta Renewables Inc.

Grade Last Price % Change Price Change
D 18.91 0.27% 0.050
RNW closed up 0.27 percent on Monday, May 10, 2021, on 58 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical RNW trend table...

Date Alert Name Type % Chg
Earnings Movers Other 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 0.27%
Down 3 Days in a Row Weakness 0.27%
Down 4 Days in a Row Weakness 0.27%
Down 5 Days in a Row Weakness 0.27%
Oversold Stochastic Weakness 0.27%
New Downtrend Bearish 0.11%
Hammer Candlestick Bullish 0.11%
Older End-of-Day Signals for RNW ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Inside Day about 14 hours ago
Up 1% about 16 hours ago
Lizard Bullish Entry 4 days ago
Hammer Candlestick Entry 4 days ago
Rose Above Previous Day's High 4 days ago
View Earlier Intraday Alerts

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Profile

TransAlta Renewables Inc. Description

TransAlta Renewables Inc is a Canada-based company engaged in developing, owning and operating renewable power generation facilities. The Company owns and operates over 10 hydro facilities and approximately 20 wind farms in Western and Eastern Canada with a total installed capacity of approximately 1,140 megawatts (MW) and holds economic interest in approximately 140 MW Wyoming Wind Farm and approximately 420 MW Australian gas-fired generation assets, as well as over 270 kilometers gas pipeline. The Company also owns economic interests in Sarnia cogeneration plant, Le Nordais wind farm and Ragged Chute hydro facility totaling approximately 610 MW of contracted power generation assets located in Ontario and Quebec. The Company's subsidiaries include Canadian Hydro Developers, Inc. and Western Sustainable Power Inc.


Classification

Sector: Utilities
Industry: Utilities - Independent Power Producers
Keywords: Energy Australia Pipe Pipeline Farm Eastern Canada Wyoming Renewable Power Electricity Sector In Canada Wind Farm Transalta Wind Farms

Is RNW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.47
52 Week Low 13.59
Average Volume 657,786
200-Day Moving Average 18.636
50-Day Moving Average 19.802
20-Day Moving Average 19.644
10-Day Moving Average 19.247
Average True Range 0.373
ADX 27.52
+DI 14.615
-DI 31.342
Chandelier Exit (Long, 3 ATRs ) 19.723
Chandelier Exit (Short, 3 ATRs ) 19.778
Upper Bollinger Band 20.689
Lower Bollinger Band 18.598
Percent B (%b) 0.15
BandWidth 10.647
MACD Line -0.340
MACD Signal Line -0.245
MACD Histogram -0.0951
Fundamentals Value
Market Cap 5.05 Billion
Num Shares 267 Million
EPS 0.33
Price-to-Earnings (P/E) Ratio 57.65
Price-to-Sales 11.05
Price-to-Book 2.08
PEG Ratio 3.50
Dividend 0.94
Dividend Yield 4.97%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.345
Resistance 3 (R3) 19.360 19.230 19.273
Resistance 2 (R2) 19.230 19.119 19.223 19.248
Resistance 1 (R1) 19.070 19.051 19.005 19.055 19.224
Pivot Point 18.940 18.940 18.908 18.933 18.940
Support 1 (S1) 18.780 18.829 18.715 18.765 18.596
Support 2 (S2) 18.650 18.761 18.643 18.572
Support 3 (S3) 18.490 18.650 18.548
Support 4 (S4) 18.475