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    Technical Analysis for TAC - TransAlta Corporation

    Grade Last Price % Change Price Change
    C 6.63 -2.93% -0.20
    TAC closed down 2.93 percent on Friday, April 26, 2024, on 89 percent of normal volume. 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
    Watchlist Portfolio

    Trend Table & Recent EOD Trading Signals

    ADX Long Term Intermediate Term Short Term
    Strong Down Up Up
    Historical TAC trend table...
    Date Alert Name Type % Chg
    Upper Bollinger Band Walk Strength 0.00%
    50 DMA Support Bullish -2.93%
    MACD Bullish Centerline Cross Bullish -2.93%
    Expansion Pivot Buy Setup Bullish Swing Setup -2.93%
    Pocket Pivot Bullish Swing Setup -2.93%
    Upper Bollinger Band Walk Strength -2.93%
    Above Upper BB Strength -2.93%
    Overbought Stochastic Strength -2.93%
    Up 3 Days in a Row Strength -2.93%
    Up 4 Days in a Row Strength -2.93%
    Older End-of-Day Signals for TAC ...

       Recent Intraday Alerts

    Alert Time
    Possible Inside Day about 3 hours ago
    Down 3% about 6 hours ago
    60 Minute Opening Range Breakdown about 7 hours ago
    Down 1 ATR about 7 hours ago
    Down 2 % about 7 hours ago
    View Earlier Intraday Alerts

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    TAC Chart by TradingView
    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.
    Classification
    Sector: Utilities
    Industry: Utilities - Independent Power Producers
    Keywords: Natural Gas Electricity Electricity Generation 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
    Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.

    Recent News

    Date Title
    Apr 25 TransAlta Corporation Announces Results of the Annual Meeting of Shareholders and Election of all Directors
    Apr 25 Wall Street Analysts See a 78.25% Upside in TransAlta (TAC): Can the Stock Really Move This High?
    Apr 25 TransAlta declares CAD 0.06 dividend
    Apr 24 TransAlta Begins Commercial Electricity Production at White Rock Wind Facilities, Increases U.S. Renewables to 820 MW
    Apr 24 TransAlta Achieves Commercial Operation of 300 MW White Rock Project and Increases its US Renewables Fleet to 820 MW
    Apr 19 TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System
    Apr 19 Shareholders May Be More Conservative With TransAlta Corporation's (TSE:TA) CEO Compensation For Now
    Apr 15 Here's Why You Should Add TransAlta (TAC) to Your Portfolio Now
    Apr 12 10 Most Undervalued Stocks to Buy for Under $20
    Apr 12 Spire (SR) to Gain From Investments and Expanding Customer Base
    See more TAC news...

    Comments

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    Indicators

    Indicator Value
    52 Week High 10.2391
    52 Week Low 5.94
    Average Volume 844,812
    200-Day Moving Average 8.00
    50-Day Moving Average 6.56
    20-Day Moving Average 6.36
    10-Day Moving Average 6.44
    Average True Range 0.19
    RSI (14) 56.71
    ADX 26.75
    +DI 24.39
    -DI 13.50
    Chandelier Exit (Long, 3 ATRs) 6.28
    Chandelier Exit (Short, 3 ATRs) 6.52
    Upper Bollinger Bands 6.75
    Lower Bollinger Band 5.97
    Percent B (%b) 0.85
    BandWidth 12.26
    MACD Line 0.03
    MACD Signal Line -0.05
    MACD Histogram 0.076
    Fundamentals Value
    Market Cap 2.05 Billion
    Num Shares 310 Million
    EPS 1.59
    Price-to-Earnings (P/E) Ratio 4.17
    Price-to-Sales 0.61
    Price-to-Book 3.08
    PEG Ratio -2.34
    Dividend 0.23
    Dividend Yield 3.47%
    Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
    Resistance 4 (R4) 7.04
    Resistance 3 (R3) 7.07 6.96 6.97
    Resistance 2 (R2) 6.96 6.86 6.95 6.94
    Resistance 1 (R1) 6.80 6.80 6.75 6.77 6.92
    Pivot Point 6.69 6.69 6.67 6.68 6.69
    Support 1 (S1) 6.53 6.59 6.48 6.50 6.34
    Support 2 (S2) 6.42 6.53 6.41 6.32
    Support 3 (S3) 6.26 6.42 6.29
    Support 4 (S4) 6.23