Technical Analysis for TAC - TransAlta Corporation
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
6.27 | -1.72% | -0.11 |
TAC closed down 1.72 percent on Friday, August 7, 2020, on 66 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. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Down |
| Historical TAC trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 200 DMA | Bearish | 0.00% | |
| Fell Below 20 DMA | Bearish | 0.00% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| 200 DMA Support | Bullish | -1.72% | |
| 20 DMA Support | Bullish | -1.72% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | -1.72% | |
| Bollinger Band Squeeze | Range Contraction | -1.72% | |
| MACD Bearish Signal Line Cross | Bearish | -2.64% |
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- Earnings date: 05/14/2019
- Sector: Utilities
- Industry: Utilities - Independent Power Producers
TransAlta Corporation operates as a non-regulated electricity generation and energy marketing company in Canada, the United States, and Australia. The company engages in the generation and wholesale trade of electricity and other energy-related commodities and derivatives. It owns, operates, and manages a portfolio of assets and utilize a range of generation fuels, including coal, natural gas, hydro, wind, and geothermal. As of December 31, 2012, it had a net ownership interest of 7,858 megawatts of generating capacity in operation. TransAlta Corporation has a strategic partnership with MidAmerican Energy Holdings Company to develop, build, and operate new natural gas-fired electricity generation projects in Canada. The company was founded in 1909 and is headquartered in Calgary, Canada.
Energy Natural Gas Electricity Berkshire Hathaway Energy Marketing
Energy Natural Gas Electricity Berkshire Hathaway Energy Marketing
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 8.5 |
| 52 Week Low | 3.63 |
| Average Volume | 226,418 |
| 200-Day Moving Average | 6.33 |
| 50-Day Moving Average | 6.16 |
| 20-Day Moving Average | 6.35 |
| 10-Day Moving Average | 6.39 |
| Average True Range | 0.17 |
| ADX | 16.05 |
| +DI | 20.20 |
| -DI | 19.94 |
| Chandelier Exit (Long, 3 ATRs ) | 6.08 |
| Chandelier Exit (Short, 3 ATRs ) | 6.36 |
| Upper Bollinger Band | 6.56 |
| Lower Bollinger Band | 6.14 |
| Percent B (%b) | 0.3 |
| BandWidth | 6.61 |
| MACD Line | 0.08 |
| MACD Signal Line | 0.10 |
| MACD Histogram | -0.019 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 6.47 | ||||
| Resistance 3 (R3) | 6.47 | 6.41 | 6.43 | ||
| Resistance 2 (R2) | 6.41 | 6.36 | 6.41 | 6.42 | |
| Resistance 1 (R1) | 6.34 | 6.33 | 6.31 | 6.34 | 6.41 |
| Pivot Point | 6.28 | 6.28 | 6.27 | 6.28 | 6.28 |
| Support 1 (S1) | 6.21 | 6.23 | 6.18 | 6.21 | 6.13 |
| Support 2 (S2) | 6.15 | 6.20 | 6.15 | 6.12 | |
| Support 3 (S3) | 6.08 | 6.15 | 6.11 | ||
| Support 4 (S4) | 6.08 |
