Technical Analysis for TA - TransAlta Corporation

Grade Last Price % Change Price Change
D 8.890 0.45% 0.040
TA closed up 0.45 percent on Friday, April 19, 2024, on approximately normal volume. It ran into resistance at its 50 day moving average. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 3
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
BB Squeeze Ended Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%

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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 Electric Energy Electricity Generation Electricity Sector In Canada 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 13.811
52 Week Low 8.22
Average Volume 1,095,599
200-Day Moving Average 10.902
50-Day Moving Average 8.938
20-Day Moving Average 8.606
10-Day Moving Average 8.540
Average True Range 0.232
RSI (14) 56.14
ADX 27.42
+DI 21.832
-DI 17.592
Chandelier Exit (Long, 3 ATRs) 8.285
Chandelier Exit (Short, 3 ATRs) 8.915
Upper Bollinger Bands 8.904
Lower Bollinger Band 8.308
Percent B (%b) 0.98
BandWidth 6.926
MACD Line -0.084
MACD Signal Line -0.148
MACD Histogram 0.0639
Fundamentals Value
Market Cap 2.44 Billion
Num Shares 274 Million
EPS 0.30
Price-to-Earnings (P/E) Ratio 29.53
Price-to-Sales 1.15
Price-to-Book 1.43
PEG Ratio -1.68
Dividend 0.17
Dividend Yield 1.91%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.190
Resistance 3 (R3) 9.187 9.083 9.140
Resistance 2 (R2) 9.083 9.007 9.085 9.123
Resistance 1 (R1) 8.987 8.960 9.035 8.990 9.107
Pivot Point 8.883 8.883 8.908 8.885 8.883
Support 1 (S1) 8.787 8.807 8.835 8.790 8.673
Support 2 (S2) 8.683 8.760 8.685 8.657
Support 3 (S3) 8.587 8.683 8.640
Support 4 (S4) 8.590