MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MAL - CA5589122004 - Common Stock
Overall MAL gets a technical rating of 10 out of 10. 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.
Although MAL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.92
We found 6 important support areas.
- A support zone ranging from 18.89 to 19.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.08 to 18.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.49 to 17.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.87 to 16.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.45 from a horizontal line in the daily time frame.
- Support @16.08 from a horizontal line 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 | UP | POSITIVE | The short term trend for MAL.CA is up. |
| ChartMill Relative Strength | 82.02 | POSITIVE | MAL.CA has a high relative strength, it outperformed 82.02% 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) | UP | POSITIVE | The current price of MAL.CA is above the rising 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) | 75.83 | OVERBOUGHT | The high RSI value suggests MAL.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MAL.CA has a positive trend. |
| Stochastics (14,3) | 88.08 | OVERBOUGHT | The high Stochastics value suggests MAL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 40.92 | POSITIVE | The high ADX value value for MAL.CA suggests a strong trend. |
TSX:MAL (1/9/2026, 7:00:00 PM)
20.32
+0.87 (+4.47%)
MAGELLAN AEROSPACE CORP / MAL.CA FAQ
What is the technical rating for MAL stock?
ChartMill assigns a technical rating of 10 / 10 to MAL.CA.
What is the trend direction for MAL stock?
The current trend direction for MAGELLAN AEROSPACE CORP (MAL.CA) is Bullish.
Can you provide the RSI signal for MAGELLAN AEROSPACE CORP?
MAGELLAN AEROSPACE CORP (MAL.CA) has an RSI value of 75.8304. This indicates that the stock is currently overbought.
What is the MACD signal for MAGELLAN AEROSPACE CORP (MAL.CA) stock?
The MACD indicator for MAGELLAN AEROSPACE CORP (MAL.CA) has a value of 0.140836, indicating a bearish trend.
What are the support and resistance levels for MAGELLAN AEROSPACE CORP (MAL.CA) stock?
MAGELLAN AEROSPACE CORP (MAL.CA) has a support level at 19.12. Check the full technical report for our detailed analysis of MAL.CA support and resistance levels.