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.
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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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Basic chart:
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.
Recent News
Date Title
Nov 9 TransAlta Corporation (TAC) CEO Dawn Farrell on Q3 2019 Results - Earnings Call Transcript
Nov 7 TransAlta Corporation 2019 Q3 - Results - Earnings Call Presentation
Nov 7 TransAlta EPS of C$0.18
Nov 7 TransAlta Reports Solid Third Quarter 2019 Results and Revises Upward Full Year Outlook
Nov 6 TransAlta Corporation -- Moody's announces completion of a periodic review of ratings of TransAlta Corporation
Oct 30 TransAlta Advances its Clean Energy Investment Plan
Oct 28 Southern buys Washington wind project, sells minority stake to TransAlta
Oct 25 Here’s What Hedge Funds Think About TransAlta Corporation (TAC)
Oct 17 How Much Of TransAlta Corporation (TSE:TA) Do Institutions Own?
Oct 9 Media Advisory: TransAlta Third Quarter 2019 Results and Conference Call
See more TAC news...
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