Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
TransAlta Corporation Ordinary Shares (NYSE:TAC)
Long-Term Uptrend (+90) - TAC is in a strong uptrend that is likely to continue. While TAC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid TAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for TAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TAC
The long-term trend has been UP since Nov 9th, 2020 at 6.7123
The intermediate-term trend has been UP since Sep 9th, 2021 at 10.0000
The short-term trend has been UP since Sep 30th, 2021 at 10.4000
Smart Scan Analysis for TAC
Based on our trend formula, TAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.05||Year High Date||2018-08-31|
|Year Low||4.75||Year Low Date||2018-06-27|
|52wk High||11.8||52wk High Date||2021-10-21|
|52wk Low||5.89||52wk Low Date||2020-10-30|
|Year End Close||15.24||Average Volume||171,324|
|Shares Outstanding||284,057||Short Interest||3,063,283|
|% Institutional||50.2||Market Cap||1,874M|