MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
TSX:MAL - CA5589122004 - Common Stock
15.58 CAD
+0.11 (+0.71%)
We assign a technical rating of 2 out of 10 to MAL. MAL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MAL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, MAL did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MAL is an average performer in the Aerospace & Defense industry, it outperforms 63% of 12 stocks in the same industry.
MAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAL is lagging the market.
Although the technical rating is bad, MAL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 15.54, a Stop Loss order could be placed below this zone.
More info and screens
10.90
16.01
2 important support areas can be observed.
- A support zone ranging from 15.12 to 15.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.85 to 15.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for MAL.CA is down. |
| ChartMill Relative Strength | 78.32 | POSITIVE | MAL.CA has a high relative strength, it outperformed 78.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MAL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MAL.CA is below 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) | 36.57 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MAL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.97 | NEUTRAL | The Stochastics value for MAL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.36 | POSITIVE | The high ADX value value for MAL.CA suggests a strong 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 (8/26/2025, 7:00:00 PM)
15.58
+0.11 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.71%
1 Week0.52%
2 Weeks-9.42%
1 Month-6.59%
3 Month-9.89%
6 Month55.33%
12 Month64.52%
2 Year116.09%
3 Year109.27%
5 Year114.6%
10 Year-6.71%
15 Year490.15%
Volatility
ATR(14)0.59
ATR(20)%3.61%
ATR Inc-2.99%
Range Today0.23
ADR(20)0.52
ADR(20)%3.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.32
Mansfield1.25
10 Day High16.56
10 Day Low15.05
20 Day High17.99
20 Day Low15.05
52 Week High19.68
52 Week Low8.61
CS1 End15.54
CR1 Start15.85
Volume & EV
DER(3)0.54%
DER(5)-1.54%
Volume11.62K
Volume Incr-33.64%
Vol(5)26.22K
Vol(50)31.92K