Technical Analysis for TA - TransAlta Corporation

Grade Last Price % Change Price Change
D 11.01 -3.08% -0.350
TA closed down 3.08 percent on Monday, May 17, 2021, on 2.03 times 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 TA trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Hammer Candlestick Bullish -3.08%
Lizard Bullish Bullish Day Trade Setup -3.08%
Lower Bollinger Band Walk Weakness -3.08%
Lower Bollinger Band Touch Weakness -3.08%
Oversold Stochastic Weakness -3.08%
180 Bearish Setup Bearish Swing Setup -1.70%
Older End-of-Day Signals for TA ...

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

Alert Time
Down 3% about 14 hours ago
Fell Below Previous Day's Low about 14 hours ago
Down 1 ATR about 16 hours ago
2x Volume Pace about 16 hours ago
Down 2% about 16 hours ago
View Earlier Intraday Alerts

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Profile

TransAlta Corporation Description

TransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,730 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. TransAlta is organized into seven segments: Canadian Coal, U.S. Coal, Gas, Wind and Solar, Hydro, Energy Marketing and Corporate. The Canadian Coal, U.S. Coal, Gas, Wind and Solar, and Hydro segments are responsible for constructing, operating and maintaining its electrical generation. The Canadian Coal segment is also responsible for the operation and maintenance of the Company's related mining operations in Canada. The Energy Marketing segment is responsible for marketing its production through short-term and long-term contracts. The Company operates facilities having approximately 10,208 megawatts of aggregate generating capacity.


Classification

Sector: Utilities
Industry: Utilities - Independent Power Producers
Keywords: Mining Energy Marketing Universe Coal Solar Electricity Alberta Electricity Policy Electricity Sector In Canada Electricity Generation Energy Policy Electric Energy Transalta

Is TA 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 12.51
52 Week Low 7.43
Average Volume 525,650
200-Day Moving Average 9.934
50-Day Moving Average 11.765
20-Day Moving Average 11.895
10-Day Moving Average 11.585
Average True Range 0.266
ADX 35.32
+DI 7.974
-DI 35.289
Chandelier Exit (Long, 3 ATRs ) 11.713
Chandelier Exit (Short, 3 ATRs ) 11.692
Upper Bollinger Band 12.664
Lower Bollinger Band 11.125
Percent B (%b) -0.07
BandWidth 12.945
MACD Line -0.186
MACD Signal Line -0.064
MACD Histogram -0.1217
Fundamentals Value
Market Cap 3.02 Billion
Num Shares 274 Million
EPS 0.30
Price-to-Earnings (P/E) Ratio 36.58
Price-to-Sales 1.15
Price-to-Book 1.43
PEG Ratio -1.68
Dividend 0.17
Dividend Yield 1.54%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.678
Resistance 3 (R3) 11.713 11.527 11.566
Resistance 2 (R2) 11.527 11.357 11.509 11.529
Resistance 1 (R1) 11.268 11.252 11.175 11.233 11.492
Pivot Point 11.082 11.082 11.035 11.064 11.082
Support 1 (S1) 10.823 10.912 10.730 10.788 10.528
Support 2 (S2) 10.637 10.807 10.619 10.491
Support 3 (S3) 10.378 10.637 10.454
Support 4 (S4) 10.343