Technical Analysis for RNW - TransAlta Renewables Inc.

Grade Last Price % Change Price Change
grade D 14.59 2.82% 0.400
RNW closed up 2.82 percent on Tuesday, June 30, 2020, on 1.56 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical RNW trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Stochastic Buy Signal Bullish 2.82%
Pocket Pivot Bullish Swing Setup 2.82%
Oversold Stochastic Weakness 2.82%
Lower Bollinger Band Walk Weakness 6.34%
Below Lower BB Weakness 6.34%
Down 3 Days in a Row Weakness 6.34%
Lower Bollinger Band Touch Weakness 6.34%

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Profile

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.
Companies Energy Economy Of Canada Electricity Sector In Canada Transalta Wind Farm

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 18.25
52 Week Low 10.82
Average Volume 523,865
200-Day Moving Average 14.876
50-Day Moving Average 14.445
20-Day Moving Average 14.407
10-Day Moving Average 14.240
Average True Range 0.418
ADX 8.96
+DI 24.050
-DI 21.988
Chandelier Exit (Long, 3 ATRs ) 14.058
Chandelier Exit (Short, 3 ATRs ) 14.903
Upper Bollinger Band 15.074
Lower Bollinger Band 13.740
Percent B (%b) 0.64
BandWidth 9.261
MACD Line -0.073
MACD Signal Line -0.065
MACD Histogram -0.0075
Fundamentals Value
Market Cap 3.67 Billion
Num Shares 251 Million
EPS 0.44
Price-to-Earnings (P/E) Ratio 33.16
Price-to-Sales 9.78
Price-to-Book 1.54
PEG Ratio 3.48
Dividend 0.94
Dividend Yield 6.44%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.190
Resistance 3 (R3) 15.123 14.857 15.090
Resistance 2 (R2) 14.857 14.704 14.890 15.057
Resistance 1 (R1) 14.723 14.609 14.790 14.790 15.023
Pivot Point 14.457 14.457 14.490 14.490 14.457
Support 1 (S1) 14.323 14.304 14.390 14.390 14.157
Support 2 (S2) 14.057 14.209 14.090 14.123
Support 3 (S3) 13.923 14.057 14.090
Support 4 (S4) 13.990