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TransAlta Corporation

Stage 4 · Declining · week 8

As of Oct 22, 2026, TransAlta is in Stage 4, the downtrend phase, now in week 8 (since Sep 2, 2026). It closed at $12.51, 28.6% below its 52-week high and below its 200-day average, which is falling.

TransAlta Corporation engages in the development, production, and sale of electric energy. More about the company

$12.51
-6.22% today
$4.0B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 16w
S2 28w
S2 21w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 6w → S3 3w → S4 12w → S1 3w → S4 16w → S1 11w → S2 28w → S3 6w → S4 9w → S1 6w → S2 21w → S3 10w → S4 4w → S1 5w → S4 4w → S1 8w → S2 2w → S1 1w → S4 1w → S3 2w → S4 7w current
Total tracked: 165 weeks across 21 stage runs.

TAC among Utilities - Independent Power Producers3rd of 9 by relative strength

All 9 →
Stocks in Utilities - Independent Power Producers ranked by relative strength, with stage and one-month change
#StockStageRS1M
1KENStage 4 · wk 1181−0.9%
2TLNStage 4 · wk 844+10.3%
3TACStage 4 · wk 837+4.7%
4VSTStage 4 · wk 1037+2.1%
5NRGStage 4 · wk 2427−6.3%
6HNRGStage 4 · wk 1327−22.7%
7DGXXStage 4 · wk 626−45.3%
8OKLOStage 4 · wk 1611−30.4%
vs 52W High
-28.6%
$11.50 lo$17.53 hi
28.6% below 52W high, ongoing decline
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 8
1w13w26w
Week 8, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-2.6%
200 DMA: $12.84 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
1.03x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↑ ⇈
Short-term trend rising strongly, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+4.7%
3M
-8.4%
6M
+4.4%
YTD
-2.8%
1Y
-24.3%
Scan Membership
Breakout Watch
Latest: 2024-08-07
9 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 8 · Vol 1.03x
2026-10-21S4
Wk 7 · Vol 0.55x
2026-10-20S4
Wk 7 · Vol 0.50x
2026-10-19S4
Wk 7 · Vol 0.69x
2026-10-16S4
Wk 7 · Vol 0.83x
2026-10-15S4
Wk 7 · Vol 1.44x
2026-10-14S4
Wk 6 · Vol 1.03x
2026-10-13S4
Wk 6 · Vol 0.57x
2026-10-12S4
Wk 6 · Vol 0.36x
2026-10-09S4
Wk 6 · Vol 0.55x
2026-10-08S4
Wk 6 · Vol 0.67x
2026-10-07S4
Wk 5 · Vol 0.71x
Moving averages & range
50 DMA
$12.35
200 DMA
$12.84
52W High
$17.53
52W Low
$11.50
5D Low
$12.51
Resistance levels (recent highs)
20d High
$13.34
60d High
$13.34
120d High
$14.46
250d High
$17.53
Next resistance
+6.6%
to 20d High
ROE
-1.4%
Profit margin -1.0%
Dividend Yield
1.47%
P/B 6.6

TransAlta: quick answers

What stage is TransAlta in?

As of Oct 22, 2026, TransAlta (TAC) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 2, 2026 and is in week 8. What the four stages mean

Is TransAlta in an uptrend?

No. TransAlta is in a Stage 4 downtrend. It trades 2.6% below its 200-day average, which is falling.

How far is TransAlta from its 52-week high?

TransAlta closed at $12.51 on Oct 22, 2026, 28.6% below its 52-week high of $17.53. Its 52-week low is $11.50.

How has TransAlta performed over the past year?

As of Oct 22, 2026, TransAlta is down 24.3% over the past year and down 2.8% so far in 2026.

Which sector and industry is TransAlta in?

TransAlta is in the Utilities - Independent Power Producers industry, part of the Utilities sector.

About this companyUtilities· Utilities - Independent Power Producers

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.