MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
TSX:MAL - Toronto Stock Exchange - CA5589122004 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to MAL. MAL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: MAL has an average volume of 9755 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MAL has a been trading in the 9.06 - 10.28 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, MAL outperforms 59% of them, which is more or less in line with the market.
MAL is part of the Aerospace & Defense industry. There are 11 other stocks in this industry, MAL did better than 50% of them.
MAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MAL is lagging the market.
Although the technical rating is bad, MAL does present a nice setup opportunity. Prices have been consolidating lately. 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
8.91
11.17
We found 2 important support areas.
- Support @9.49 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.00 to 9.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.82 to 11.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.61
Mansfield0.17
10 Day High10.28
10 Day Low9.23
20 Day High10.28
20 Day Low9.06
52 Week High11.05
52 Week Low7.77
Performance
1 Week2.56%
2 Weeks2.56%
1 Month-1.09%
3 Month-6.89%
6 Month8.93%
12 Month24.07%
2 Year6.38%
3 Year-0.99%
5 Year-12.51%
10 Year-27.59%
15 Year443.48%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)54.09
LBB9.2
UBB10.17
TSX:MAL (2/21/2025, 7:00:00 PM)
10
-0.02 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.2%
1 Week2.56%
2 Weeks2.56%
1 Month-1.09%
3 Month-6.89%
6 Month8.93%
12 Month24.07%
2 Year6.38%
3 Year-0.99%
5 Year-12.51%
10 Year-27.59%
15 Year443.48%
Volatility
ATR(14)0.31
ATR(20)%2.98%
ATR Inc3.27%
Range Today0.34
ADR(20)0.26
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.61
Mansfield0.17
10 Day High10.28
10 Day Low9.23
20 Day High10.28
20 Day Low9.06
52 Week High11.05
52 Week Low7.77
CS1 End9.49
CR1 Start10.82
Volume & EV
DER(3)4.78%
DER(5)4.1%
Volume9.26K
Volume Incr-34.7%
Vol(5)6.57K
Vol(50)9.76K