MAGELLAN AEROSPACE CORP (MAL.CA) Technical Analysis
TSX:MAL • CA5589122004
Current stock price
MAL.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to MAL. Both in the recent history as in the last year, MAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MAL is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by MAL over the past year are nicely spread over this period.
- MAL is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 75% of 13 stocks in the same industry.
- 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.
- In the last month MAL has a been trading in the 18.62 - 27.39 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.
MAL.CA Weekly and Daily overview Charts
MAL.CA Setup Rating and Analysis
MAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 24.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MAL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MAL.CA Support and Resistance Analysis
19.75
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.01 to 24.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.41 from a trend line in the weekly time frame.
- Support @20.71 from a trend line in the daily time frame.
- Support @19.95 from a trend line in the weekly time frame.
MAL.CA Technical Indicator Signal Analysis
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 | 83.32 | POSITIVE | MAL.CA has a high relative strength, it outperformed 83.32% 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) | 53.36 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MAL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.7 | NEUTRAL | The Stochastics value for MAL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for MAL.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for MAL.CA suggests a possible start of a new trend. |
MAL.CA Chart- and CandleStick Pattern Analysis
MAL.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.36 | 24.00 | 1.36 (5.37%) | 18.63% |
| An entry @25.36. This is a Buy Stop order right above the 10 day moving average. | An exit @24.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.36 points, which is 5.37%. | For a 1.00% total portfolio risk, you can invest 18.63% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MAL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MAL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MAL (4/24/2026, 7:00:00 PM)
24.92
-0.91 (-3.52%)
MAGELLAN AEROSPACE CORP / MAL.CA TA 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.
What is the RSI signal for MAL stock?
MAGELLAN AEROSPACE CORP (MAL.CA) has an RSI value of 53.3647. This indicates that the stock is currently neutral.
What is the buy/sell signal for MAL stock?
The buy/sell signal for MAGELLAN AEROSPACE CORP (MAL.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for MAGELLAN AEROSPACE CORP?
MAGELLAN AEROSPACE CORP (MAL.CA) has a support level at 24.84. Check the full technical report for our detailed analysis of MAL.CA support and resistance levels.