Technical Analysis for TA - TransAlta Corporation

Grade Last Price % Change Price Change
grade C 8.12 1.88% 0.150
TA closed up 1.88 percent on Tuesday, October 22, 2019, on approximately 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.

Earnings due: Nov 7

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Flat
See historical TA trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Bullish Engulfing Bullish 1.88%
Outside Day Range Expansion 1.88%
Oversold Stochastic Weakness 1.88%
NR7 Range Contraction 2.65%
Lower Bollinger Band Walk Weakness 2.65%
Down 3 Days in a Row Weakness 2.65%
Down 4 Days in a Row Weakness 2.65%
Oversold Stochastic Weakness 2.65%

Older signals for TA ...

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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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.14
52 Week Low 5.44
Average Volume 387,664
200-Day Moving Average 8.3565
50-Day Moving Average 8.4954
20-Day Moving Average 8.3795
10-Day Moving Average 8.111
Average True Range 0.1686
ADX 28.93
+DI 17.822
-DI 24.4407
Chandelier Exit (Long, 3 ATRs ) 8.3042
Chandelier Exit (Short, 3 ATRs ) 8.3858
Upper Bollinger Band 8.9703
Lower Bollinger Band 7.7887
Percent B (%b) 0.28
BandWidth 14.10108
MACD Line -0.1534
MACD Signal Line -0.1048
MACD Histogram -0.0485
Fundamentals Value
Market Cap 2.34 Billion
Num Shares 288 Million
EPS 0.11
Price-to-Earnings (P/E) Ratio 73.82
Price-to-Sales 0.92
Price-to-Book 0.88
PEG Ratio -1.63
Dividend 0.16
Dividend Yield 1.97%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.525
Resistance 3 (R3) 8.510 8.360 8.458
Resistance 2 (R2) 8.360 8.257 8.368 8.435
Resistance 1 (R1) 8.240 8.193 8.300 8.255 8.412
Pivot Point 8.090 8.090 8.120 8.098 8.090
Support 1 (S1) 7.970 7.987 8.030 7.985 7.828
Support 2 (S2) 7.820 7.923 7.828 7.805
Support 3 (S3) 7.700 7.820 7.783
Support 4 (S4) 7.715