MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
TSX:MAL - Toronto Stock Exchange - CA5589122004 - Common Stock - Currency: CAD
Taking everything into account, MAL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MAL is showing a nice and steady performance.
Warning: MAL has an average volume of 19761 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MAL did better than 93% of all other stocks. On top of that, MAL also shows a nice and consistent pattern of rising prices.
MAL is part of the Aerospace & Defense industry. There are 11 other stocks in this industry. MAL outperforms 100% of them.
A new 52 week high is currently being made by MAL, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so MAL is leading the market.
In the last month MAL has a been trading in the 11.29 - 14.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MAL has an excellent technical rating, it does not offer a high quality setup 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
8.91
14.04
When analyzing the support we can see 6 important areas.
- Support @12.95 from a trend line in the daily time frame.
- A support zone ranging from 12.57 to 12.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.60 from a trend line in the daily time frame.
- Support @10.21 from a trend line in the weekly time frame.
- Support @9.28 from a horizontal line in the daily time frame.
- Support @9.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.1
Mansfield4.02
10 Day High14
10 Day Low12.44
20 Day High14
20 Day Low11.29
52 Week High14
52 Week Low7.78
Performance
1 Week10.14%
2 Weeks8.34%
1 Month12.19%
3 Month44.04%
6 Month34.56%
12 Month73.97%
2 Year80.52%
3 Year86.58%
5 Year138.42%
10 Year-17.26%
15 Year458.23%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)66.75
LBB12.06
UBB14.16
TSX:MAL (5/2/2025, 7:00:00 PM)
13.9
+0.1 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.72%
1 Week10.14%
2 Weeks8.34%
1 Month12.19%
3 Month44.04%
6 Month34.56%
12 Month73.97%
2 Year80.52%
3 Year86.58%
5 Year138.42%
10 Year-17.26%
15 Year458.23%
Volatility
ATR(14)0.47
ATR(20)%3.79%
ATR Inc-39.97%
Range Today0.17
ADR(20)0.52
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.1
Mansfield4.02
10 Day High14
10 Day Low12.44
20 Day High14
20 Day Low11.29
52 Week High14
52 Week Low7.78
CS1 End12.95
CR1 StartN/A
Volume & EV
DER(3)-6.84%
DER(5)-3.42%
Volume42.43K
Volume Incr59.06%
Vol(5)32.09K
Vol(50)19.76K