MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
Canada - TSX:MAL - CA5589122004 - Common Stock
Taking everything into account, MAL scores 5 out of 10 in our technical rating. MAL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MAL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 16.95, 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.37
5 important support areas can be observed.
- A support zone ranging from 16.62 to 16.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.22 from a horizontal line in the daily time frame.
- Support @15.49 from a horizontal line in the weekly time frame.
- Support @15.13 from a horizontal line in the daily time frame.
- Support @11.48 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.30 to 17.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.59 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 | 77.69 | POSITIVE | MAL.CA has a high relative strength, it outperformed 77.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MAL.CA is above a declining 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) | 51.8 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MAL.CA has a negative trend. |
| Stochastics (14,3) | 52.48 | NEUTRAL | The Stochastics value for MAL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.58 | NEGATIVE | The low ADX value for MAL.CA suggests a weak or negative trend. |
TSX:MAL (11/7/2025, 7:00:00 PM)
17.11
+0.23 (+1.36%)
MAGELLAN AEROSPACE CORP / MAL.CA FAQ
What is the technical rating for MAL stock?
ChartMill assigns a technical rating of 5 / 10 to MAL.CA.
Can you provide the trend direction for MAGELLAN AEROSPACE CORP?
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 51.8023. This indicates that the stock is currently neutral.
What is the MACD signal for MAL stock?
The MACD indicator for MAGELLAN AEROSPACE CORP (MAL.CA) has a value of -0.0274091, indicating a bearish trend.