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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
TransAlta Corporation Ordinary Shares (NYSE:TAC)
Bull Market Weakness (+75) - TAC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TAC as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for TAC
The long-term trend has been UP since Jun 6th, 2024 at 7.33
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 9.96
The short-term trend has been UP since Nov 15th, 2024 at 10.39
Smart Scan Analysis for TAC
Based on our trend formula, TAC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.2800 | 10.3600 | 10.1606 | 10.3500 | +0.0500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.3500 | 362819 | 2024-11-19 15:59:31 |
| Year High | 6.05 | Year High Date | 2018-08-31 |
| Year Low | 4.75 | Year Low Date | 2018-06-27 |
| 52wk High | 11.105 | 52wk High Date | 2024-11-05 |
| 52wk Low | 5.94 | 52wk Low Date | 2024-04-16 |
| Year End Close | 15.24 | Average Volume | 877,562 |
| Shares Outstanding | 284,057 | Short Interest | 3,063,283 |
| % Institutional | 50.2 | Market Cap | 1,874M |
| Assets | 865,400,000M | Liabilities | 684,000,000M |
| P/E Ratio | 38.7218 | Beta | 0.48 |
| Volatility | 18 |