Technical Analysis for TA - TransAlta Corporation

Grade Last Price % Change Price Change
D 11.030 0.36% 0.040
TA closed up 0.09 percent on Tuesday, November 28, 2023, on 84 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.36%
Calm After Storm Range Contraction 0.36%
NR7 Range Contraction 0.36%
NR7-2 Range Contraction 0.36%
Narrow Range Bar Range Contraction 0.36%
Fell Below 20 DMA Bearish 0.46%
Calm After Storm Range Contraction 0.46%
NR7 Range Contraction 0.46%
Narrow Range Bar Range Contraction 0.46%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.27%

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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 Electric Energy Electricity Generation 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 13.97
52 Week Low 10.02
Average Volume 920,071
200-Day Moving Average 12.188
50-Day Moving Average 11.256
20-Day Moving Average 11.095
10-Day Moving Average 11.188
Average True Range 0.305
RSI (14) 46.81
ADX 19.79
+DI 20.074
-DI 26.564
Chandelier Exit (Long, 3 ATRs) 10.764
Chandelier Exit (Short, 3 ATRs) 10.936
Upper Bollinger Bands 11.761
Lower Bollinger Band 10.429
Percent B (%b) 0.42
BandWidth 12.013
MACD Line -0.036
MACD Signal Line -0.032
MACD Histogram -0.0038
Fundamentals Value
Market Cap 3.01 Billion
Num Shares 274 Million
EPS 0.30
Price-to-Earnings (P/E) Ratio 36.51
Price-to-Sales 1.15
Price-to-Book 1.43
PEG Ratio -1.68
Dividend 0.17
Dividend Yield 1.55%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.155
Resistance 3 (R3) 11.150 11.090 11.128
Resistance 2 (R2) 11.090 11.048 11.093 11.118
Resistance 1 (R1) 11.040 11.022 11.065 11.045 11.109
Pivot Point 10.980 10.980 10.993 10.983 10.980
Support 1 (S1) 10.930 10.938 10.955 10.935 10.871
Support 2 (S2) 10.870 10.912 10.873 10.862
Support 3 (S3) 10.820 10.870 10.853
Support 4 (S4) 10.825