MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:MAL • CA5589122004
Overall MAL gets a technical rating of 10 out of 10. 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: MAL has an average volume of 27663 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, MAL did better than 82% 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.
- In the last month MAL has a been trading in the 19.07 - 23.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
15.92
6 important support areas can be observed.
- A support zone ranging from 20.81 to 20.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.47 from a trend line in the daily time frame.
- Support @17.98 from a trend line in the weekly time frame.
- A support zone ranging from 17.06 to 17.11. 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 | NEUTRAL | NEUTRAL | The short term trend for MAL.CA is neutral. |
| ChartMill Relative Strength | 82.3 | POSITIVE | MAL.CA has a high relative strength, it outperformed 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MAL.CA is below 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) | 49.25 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MAL.CA has a negative trend. |
| Stochastics (14,3) | 39.01 | NEUTRAL | The Stochastics value for MAL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 47.88 | POSITIVE | The high ADX value value for MAL.CA suggests a strong trend. |
TSX:MAL (1/30/2026, 7:00:00 PM)
20.82
-0.47 (-2.21%)
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 49.2479. 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 -0.271929, 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 20.81. Check the full technical report for our detailed analysis of MAL.CA support and resistance levels.