Technical Analysis for TAC - TransAlta Corporation

Grade Last Price % Change Price Change
grade B 6.75 0.00% 0.00
TAC closed unchanged on Friday, November 15, 2019, on 81 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. 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical TAC trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Pocket Pivot Bullish Swing Setup 2.90%
Volume Surge Other 2.90%
Calm After Storm Range Contraction 2.90%

Older signals for TAC ...

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Profile
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
Is TAC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 7.61
52 Week Low 3.99
Average Volume 143,272
200-Day Moving Average 6.4059
50-Day Moving Average 6.3096
20-Day Moving Average 6.175
10-Day Moving Average 6.366
Average True Range 0.1669
ADX 32.87
+DI 33.8925
-DI 11.0065
Chandelier Exit (Long, 3 ATRs ) 6.2893
Chandelier Exit (Short, 3 ATRs ) 6.2707
Upper Bollinger Band 6.8165
Lower Bollinger Band 5.5335
Percent B (%b) 0.95
BandWidth 20.777328
MACD Line 0.1164
MACD Signal Line 0.0154
MACD Histogram 0.101
Fundamentals Value
Market Cap 1.95 Billion
Num Shares 288 Million
EPS 0.09
Price-to-Earnings (P/E) Ratio 75.00
Price-to-Sales 0.88
Price-to-Book 0.84
PEG Ratio -2.41
Dividend 0.13
Dividend Yield 1.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.89
Resistance 3 (R3) 6.88 6.84 6.86
Resistance 2 (R2) 6.84 6.80 6.84 6.85
Resistance 1 (R1) 6.79 6.78 6.82 6.80 6.85
Pivot Point 6.75 6.75 6.76 6.75 6.75
Support 1 (S1) 6.70 6.71 6.73 6.71 6.65
Support 2 (S2) 6.66 6.69 6.66 6.65
Support 3 (S3) 6.61 6.66 6.64
Support 4 (S4) 6.62