{"id":105602,"date":"2025-07-30T19:32:19","date_gmt":"2025-07-30T19:32:19","guid":{"rendered":"https:\/\/www.europesays.com\/us\/105602\/"},"modified":"2025-07-30T19:32:19","modified_gmt":"2025-07-30T19:32:19","slug":"transalta-tac-just-flashed-golden-cross-signal-do-you-buy-july-30-2025","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/105602\/","title":{"rendered":"TransAlta (TAC) Just Flashed Golden Cross Signal: Do You Buy? – July 30, 2025"},"content":{"rendered":"

From a technical perspective, TransAlta Corporation (TAC Quick QuoteTAC<\/a> – Free Report<\/a>) is looking like an interesting pick, as it just reached a key level of support. TAC’s 50-day simple moving average crossed above its 200-day simple moving average, which is known as a “golden cross” in the trading world.<\/p>\n

A golden cross is a technical chart pattern that can signify a potential bullish breakout. It’s formed from a crossover involving a security’s short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts.<\/p>\n

A successful golden cross event has three stages. It first begins when a stock’s price on the decline bottoms out. Then, its shorter moving average crosses above its longer moving average, triggering a positive trend reversal. The third and final phase occurs when the stock maintains its upward momentum.<\/p>\n

A golden cross is the opposite of a death cross, another technical event that indicates bearish price movement may be on the horizon.<\/p>\n

Over the past four weeks, TAC has gained 13.4%. The company currently sits at a #2 (Buy) on the Zacks Rank, also indicating that the stock could be poised for a breakout.<\/p>\n

Once investors consider TAC’s positive earnings outlook for the current quarter, the bullish case only solidifies. No earnings estimate has gone lower in the past two months compared to 1 revision higher, and the Zacks Consensus Estimate has increased as well.<\/p>\n

\"Moving<\/p>\n

Investors may want to watch TAC for more gains in the near future given the company’s key technical level and positive earnings estimate revisions.<\/p>\n","protected":false},"excerpt":{"rendered":"From a technical perspective, TransAlta Corporation (TAC Quick QuoteTAC – Free Report) is looking like an interesting pick,…\n","protected":false},"author":3,"featured_media":105603,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[18217,6764,815,4313,268,18213,18215,18216,18214,18218,18219,159,9580,2437,18220,8727,67,132,68],"class_list":{"0":"post-105602","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-genetics","8":"tag-financial","9":"tag-financial-planning","10":"tag-genetics","11":"tag-investing","12":"tag-investment","13":"tag-investment-advice","14":"tag-online-investment","15":"tag-online-stock-trading","16":"tag-online-trading","17":"tag-quote","18":"tag-quotes","19":"tag-science","20":"tag-stock","21":"tag-stock-market","22":"tag-stock-quotes","23":"tag-stocks","24":"tag-united-states","25":"tag-unitedstates","26":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114943855665487244","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/105602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=105602"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/105602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/105603"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=105602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=105602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=105602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}