MAGELLAN AEROSPACE CORP (MAL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MAL - CA5589122004 - Common Stock
Taking everything into account, MAL scores 6 out of 10 in our technical rating. Although MAL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MAL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.59
4 important support areas can be observed.
- A support zone ranging from 16.45 to 17.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.08 to 16.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.49 from a horizontal line in the weekly time frame.
- Support @11.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @18.21 from a trend 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 | 78.68 | POSITIVE | MAL.CA has a high relative strength, it outperformed 78.68% 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) | 63.16 | NEUTRAL | The RSI value for MAL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests MAL.CA has a positive trend. |
| Stochastics (14,3) | 90.51 | OVERBOUGHT | The high Stochastics value suggests MAL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MAL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.5 | NEUTRAL | The ADX value for MAL.CA suggests a possible start of a new trend. |
TSX:MAL (12/15/2025, 7:00:00 PM)
18.1
+0.9 (+5.23%)
MAGELLAN AEROSPACE CORP / MAL.CA FAQ
What is the technical rating for MAL stock?
ChartMill assigns a technical rating of 6 / 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 63.1632. 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 0.120868, indicating a bearish trend.
What is the buy/sell signal for MAL stock?
The buy/sell signal for MAGELLAN AEROSPACE CORP (MAL.CA) is buy as both the short term and long term trends are positive.