Transalta Corp Stock Momentum Indicators Aroon

TAC Stock  USD 10.79  0.04  0.37%   
TransAlta Corp momentum indicators tool provides the execution environment for running the Aroon indicator and other technical functions against TransAlta Corp. TransAlta Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Aroon indicator function is designed to identify and follow existing trends. Momentum indicators of TransAlta Corp are pattern recognition functions that provide distinct formation on TransAlta Corp potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Aroon Indicator was developed by Tushar S. Chande to indicate when a new trend is dawning. The indicator consists of two lines that measure how long it has been since the highest high/lowest low has occurred within an (N) period range. When TransAlta Corp Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. When TransAlta Corp Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa).

TransAlta Corp Technical Analysis Modules

Most technical analysis of TransAlta Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TransAlta from various momentum indicators to cycle indicators. When you analyze TransAlta charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About TransAlta Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TransAlta Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of TransAlta Corp based on widely used predictive technical indicators. In general, we focus on analyzing TransAlta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TransAlta Corp's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of TransAlta Corp's intrinsic value. In addition to deriving basic predictive indicators for TransAlta Corp, we also check how macroeconomic factors affect TransAlta Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02280.02960.03580.0507
Price To Sales Ratio1.41.10.740.7
Hype
Prediction
LowEstimatedHigh
8.5910.6812.77
Details
Intrinsic
Valuation
LowRealHigh
7.9710.0612.15
Details
Naive
Forecast
LowNextHigh
8.6010.6912.78
Details
9 Analysts
Consensus
LowTargetHigh
10.4411.4712.73
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TransAlta Corp. Your research has to be compared to or analyzed against TransAlta Corp's peers to derive any actionable benefits. When done correctly, TransAlta Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TransAlta Corp.

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When determining whether TransAlta Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TransAlta Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Transalta Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transalta Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAlta Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TransAlta Corp. If investors know TransAlta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TransAlta Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.235
Earnings Share
0.27
Revenue Per Share
9.166
Quarterly Revenue Growth
(0.37)
The market value of TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.