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Stock Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

TransAlta Corporation Ordinary Shares (NYSE:TAC)

Sidelines Mode (+55) - TAC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NYSE_TAC
Open High Low TAC Price Change
10.890 10.990 10.805 10.990 +0.190
Entry Signal

MarketClub’s Trade Triangles for TAC

long term up The long-term trend has been UP since May 17th, 2022 at 11.30

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 11.16

short term up The short-term trend has been UP since Jun 24th, 2022 at 10.88

Smart Scan Analysis for TAC

Based on our trend formula, TAC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.890 10.990 10.805 10.990 +0.190
Prev. Close Volume Bid Ask Time
10.990 253345 2022-06-24 15:59:07
Year High6.05Year High Date2018-08-31
Year Low4.75Year Low Date2018-06-27
52wk High12.1352wk High Date2022-01-03
52wk Low9.4452wk Low Date2022-03-23
Year End Close15.24Average Volume384,236
Shares Outstanding284,057Short Interest3,063,283
% Institutional50.2Market Cap1,874M
Assets942,500,000MLiabilities773,000,000M
P/E Ratio-10.15660000Beta0.48
Volatility18
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