MAGELLAN AEROSPACE CORP (MAL.CA) Technical Analysis
TSX:MAL • CA5589122004
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MAL did better than 85% 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 13 other stocks in this industry. MAL outperforms 75% of them.
- 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 currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although MAL has an excellent technical rating, it does not present a decent entry opportunity 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
16.29
We found 6 important support areas.
- Support @23.78 from a horizontal line in the daily time frame.
- A support zone ranging from 21.31 to 21.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.38 from a trend line in the daily time frame.
- Support @19.70 from a trend line in the daily time frame.
- Support @18.96 from a trend line in the weekly time frame.
- Support @16.45 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 | 85.73 | POSITIVE | MAL.CA has a high relative strength, it outperformed 85.73% 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) | 63.73 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MAL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.27 | NEUTRAL | The Stochastics value for MAL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for MAL.CA suggests a possible start of a new trend. |
MAL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MAL (3/10/2026, 7:00:00 PM)
24.59
+0.81 (+3.41%)
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 63.7258. This indicates that the stock is currently neutral.
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 0.138335, 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 23.78. Check the full technical report for our detailed analysis of MAL.CA support and resistance levels.