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Stock Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

TransAlta Corporation Ordinary Shares (NYSE:TAC)

Strong Uptrend (+100) - TAC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TAC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYSE_TAC
Open High Low TAC Price Change
7.3300 7.4400 7.3179 7.3800 +0.1100
Entry Signal

MarketClub’s Trade Triangles for TAC

long term up The long-term trend has been UP since Jun 6th, 2024 at 7.33

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 7.18

short term up The short-term trend has been UP since Jul 10th, 2024 at 7.01

Smart Scan Analysis for TAC

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

+100
Smart Scan Analysis for TAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.3300 7.4400 7.3179 7.3800 +0.1100
Prev. Close Volume Bid Ask Time
7.3700 605160 2024-07-12 15:59:31
Year High6.05Year High Date2018-08-31
Year Low4.75Year Low Date2018-06-27
52wk High10.452wk High Date2023-08-10
52wk Low5.9452wk Low Date2024-04-16
Year End Close15.24Average Volume694,535
Shares Outstanding284,057Short Interest3,063,283
% Institutional50.2Market Cap1,874M
Assets875,200,000MLiabilities694,400,000M
P/E Ratio5.091Beta0.48
Volatility18
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