MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
TSX:MAL - Toronto Stock Exchange - CA5589122004 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to MAL. 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 95% of all other stocks.
MAL is part of the Aerospace & Defense industry. There are 11 other stocks in this industry. MAL outperforms 100% of them.
A new 52 week high is currently being made by MAL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MAL is leading the market.
In the last month MAL has a been trading in the 13.69 - 17.50 range, which is quite wide. It is currently trading near the high of this range.
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
8.91
17.46
4 important support areas can be observed.
- A support zone ranging from 15.37 to 15.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.39 from a trend line in the weekly time frame.
- Support @9.28 from a horizontal line in the daily time frame.
- Support @9.00 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 | 95.88 | POSITIVE | MAL.CA has a high relative strength, it outperformed 95.88% 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) | 76.38 | OVERBOUGHT | The high RSI value suggests MAL.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MAL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.02 | OVERBOUGHT | The high Stochastics value suggests MAL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 57.02 | 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 (5/30/2025, 7:00:00 PM)
17.29
+0.09 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.52%
1 Week3.16%
2 Weeks9.78%
1 Month25.29%
3 Month72.38%
6 Month60.69%
12 Month116.12%
2 Year124.55%
3 Year132.08%
5 Year196.57%
10 Year2.92%
15 Year594.38%
Volatility
ATR(14)0.62
ATR(20)%3.43%
ATR Inc-30.04%
Range Today0.51
ADR(20)0.57
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.88
Mansfield5.89
10 Day High17.5
10 Day Low15.21
20 Day High17.5
20 Day Low13.69
52 Week High17.5
52 Week Low7.92
CS1 End15.37
CR1 StartN/A
Volume & EV
DER(3)-4.05%
DER(5)-4.27%
Volume67.59K
Volume Incr-3.82%
Vol(5)41.45K
Vol(50)33.64K