Technical Analysis for TA - TransAlta Corporation

Grade Last Price % Change Price Change
grade F 7.98 -1.60% -0.130
TA closed down 1.6 percent on Thursday, July 9, 2020, on 58 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -1.60%
50 DMA Support Bullish -1.60%
20 DMA Support Bullish -4.20%
Outside Day Range Expansion -4.20%

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Profile

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.
Mining Energy Universe Coal Alberta Electricity Policy Electricity Sector In Canada Energy Policy 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 11.23
52 Week Low 5.32
Average Volume 640,777
200-Day Moving Average 8.530
50-Day Moving Average 8.089
20-Day Moving Average 8.090
10-Day Moving Average 8.084
Average True Range 0.257
ADX 11.61
+DI 20.112
-DI 25.118
Chandelier Exit (Long, 3 ATRs ) 7.979
Chandelier Exit (Short, 3 ATRs ) 8.501
Upper Bollinger Band 8.439
Lower Bollinger Band 7.740
Percent B (%b) 0.34
BandWidth 8.646
MACD Line 0.009
MACD Signal Line 0.012
MACD Histogram -0.0036
Fundamentals Value
Market Cap 2.29 Billion
Num Shares 288 Million
EPS 0.11
Price-to-Earnings (P/E) Ratio 72.55
Price-to-Sales 0.92
Price-to-Book 0.88
PEG Ratio -1.63
Dividend 0.16
Dividend Yield 2.01%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.265
Resistance 3 (R3) 8.287 8.213 8.218
Resistance 2 (R2) 8.213 8.141 8.203 8.202
Resistance 1 (R1) 8.097 8.096 8.060 8.075 8.186
Pivot Point 8.023 8.023 8.005 8.013 8.023
Support 1 (S1) 7.907 7.951 7.870 7.885 7.774
Support 2 (S2) 7.833 7.906 7.823 7.758
Support 3 (S3) 7.717 7.833 7.743
Support 4 (S4) 7.695