MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
Canada - TSX:MAL - CA5589122004 - Common Stock
16.75 CAD
+0.06 (+0.36%)
We assign a technical rating of 5 out of 10 to MAL. In the last year, MAL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that MAL is one of the better performing stocks in the market, outperforming 77% of all stocks.
MAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAL is lagging the market slightly.
MAL is part of the Aerospace & Defense industry. There are 12 other stocks in this industry, MAL did better than 63% of them.
In the last month MAL has a been trading in the 15.16 - 17.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MAL has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.04
17.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.14 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.49 from a horizontal line in the weekly time frame.
- Support @15.13 from a horizontal line in the daily time frame.
- Support @11.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.85 to 17.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MAL.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MAL.CA is neutral. |
| ChartMill Relative Strength | 77.59 | POSITIVE | MAL.CA has a high relative strength, it outperformed 77.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MAL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MAL.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MAL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.69 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MAL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.08 | NEUTRAL | The Stochastics value for MAL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for MAL.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:MAL (9/19/2025, 7:00:00 PM)
16.75
+0.06 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.36%
1 Week-1.3%
2 Weeks2.32%
1 Month8.77%
3 Month-9.8%
6 Month36.85%
12 Month78.76%
2 Year120.98%
3 Year142.4%
5 Year145.6%
10 Year5.88%
15 Year532.08%
Volatility
ATR(14)0.46
ATR(20)%2.68%
ATR Inc16.96%
Range Today0.38
ADR(20)0.43
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.59
Mansfield1.48
10 Day High17.66
10 Day Low16.18
20 Day High17.66
20 Day Low15.16
52 Week High19.68
52 Week Low9.06
CS1 End16.73
CR1 Start16.85
Volume & EV
DER(3)-0.07%
DER(5)2.28%
Volume14.85K
Volume Incr-12.88%
Vol(5)28.25K
Vol(50)33.09K