Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TAC
The long-term trend has been UP since May 5th, 2023 at 9.6950
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 9.8063
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).
| 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 High | 6.05 | Year High Date | 2018-08-31 |
| Year Low | 4.75 | Year Low Date | 2018-06-27 |
| 52wk High | 10.4 | 52wk High Date | 2023-08-10 |
| 52wk Low | 7.55 | 52wk Low Date | 2022-10-13 |
| Year End Close | 15.24 | Average Volume | 337,372 |
| Shares Outstanding | 284,057 | Short Interest | 3,063,283 |
| % Institutional | 50.2 | Market Cap | 1,874M |
| Assets | 985,700,000M | Liabilities | 847,100,000M |
| P/E Ratio | 17.7407 | Beta | 0.48 |
| Volatility | 18 |