MDA SPACE LTD (MDA.CA) Stock Technical Analysis
TSX:MDA - Toronto Stock Exchange - CA55293N1096 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to MDA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MDA is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by MDA over the past year are nicely spread over this period.
MDA is part of the Aerospace & Defense industry. There are 11 other stocks in this industry. MDA outperforms 100% of them.
MDA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MDA has a been trading in the 28.49 - 37.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MDA 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
20.69
37.54
4 important support areas can be observed.
- Support @25.48 from a trend line in the weekly time frame.
- Support @24.66 from a trend line in the daily time frame.
- A support zone ranging from 23.46 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.90 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 MDA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDA.CA is up. |
| ChartMill Relative Strength | 96.06 | POSITIVE | MDA.CA has a high relative strength, it outperformed 96.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.79 | OVERBOUGHT | The high RSI value suggests MDA.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests MDA.CA has a positive trend. |
| Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests MDA.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for MDA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 49.86 | POSITIVE | The high ADX value value for MDA.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:MDA (7/4/2025, 7:00:00 PM)
37.17
+0.42 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.14%
1 Week7.74%
2 Weeks21.23%
1 Month27.21%
3 Month54.75%
6 Month26.26%
12 Month186.14%
2 Year346.22%
3 Year340.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%3.36%
ATR Inc2.64%
Range Today0.75
ADR(20)1.23
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.06
Mansfield4.47
10 Day High37.4
10 Day Low30.25
20 Day High37.4
20 Day Low28.49
52 Week High37.4
52 Week Low11.78
CS1 End25.48
CR1 StartN/A
Volume & EV
DER(3)7.48%
DER(5)1.37%
Volume217.29K
Volume Incr28.89%
Vol(5)595.57K
Vol(50)456.70K