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Stock Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

TransAlta Corporation Ordinary Shares (NYSE:TAC)

Crossroads (-60) - TAC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open High Low TAC Price Change
9.06 9.20 9.03 9.14 +0.11
Entry Signal

MarketClub’s Trade Triangles for TAC

long term up The long-term trend has been UP since May 5th, 2023 at 9.6950

intermediate term down The intermediate-term trend has been DOWN since Aug 17th, 2023 at 9.8063

short term down The short-term trend has been DOWN since Sep 13th, 2023 at 9.4700

Smart Scan Analysis for TAC

Based on our trend formula, TAC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.06 9.20 9.03 9.14 +0.11
Prev. Close Volume Bid Ask Time
9.15 984025 2023-09-22 15:59:53
Year High6.05Year High Date2018-08-31
Year Low4.75Year Low Date2018-06-27
52wk High10.452wk High Date2023-08-10
52wk Low7.5552wk Low Date2022-10-13
Year End Close15.24Average Volume337,372
Shares Outstanding284,057Short Interest3,063,283
% Institutional50.2Market Cap1,874M
P/E Ratio17.7407Beta0.48
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