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Magellan Aerospace Corporation

MAL.TO•TSX
Industrials
Aerospace & Defense
$22.83
$0.63(2.84%)
Canadian Market opens in 14h 32m

Magellan Aerospace Corporation (MAL.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Magellan Aerospace Corporation (TSX:MAL.TO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MAL.TO Technical Analysis Summary

Magellan Aerospace Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.24)
Trend Strength:Moderate (ADX: 23.19)
Volatility:High (ATR: 1.26)
Support/Resistance:$19.72 – $25.13 (Bollinger Bands)

This mix signals that Magellan Aerospace Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.42

Bullish
Buying momentum building without extremes.

Williams %R: -6.86

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.91

Neutral
Price change is minimal.

Takeaway:Magellan Aerospace Corporation shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.28

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.19

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.26

Low
Low volatility, stable price action.

CCI (14): 75.76

Bullish
Bullish, momentum building upward.

Takeaway:Magellan Aerospace Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.13
Middle Band (SMA 20)
$22.42
Lower Band
$19.72
Current Position
Within Bands

Takeaway:Magellan Aerospace Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$24.57
Middle Line (EMA 20)
$22.04
Lower Channel
$19.51
Squeeze Status
No Squeeze

Takeaway:Magellan Aerospace Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-107.54K
Money Flow Index28.83Bearish, selling pressure outweighs inflows.
Relative Vigor Index50.72Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MAL.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Magellan Aerospace Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Magellan Aerospace Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ