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Magellan Aerospace Corporation

MAL.TO Technical Analysis Summary (TSX)

Analyze MAL.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MAL.TO●TSX
IndustrialsAerospace & Defense
$31.80
$2.95(8.49%)
Canadian Market opens in 11h 28m

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 (TSX)

Magellan Aerospace Corporation (TSX: MAL.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.90)
Trend Strength:Moderate (ADX: 27.83)
Volatility:High (ATR: 2.18)
Support/Resistance:$32.16 – $42.81 (Bollinger Bands)

Technical conditions suggest Magellan Aerospace Corporation on the TSX is awaiting a decisive move. Technical conditions suggest Magellan Aerospace Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.90

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 5.72

Bullish
Oversold zone signals rebound potential.

Williams %R: -99.36

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -15.79

Strongly Bearish
Sharp downside momentum.

Takeaway:Magellan Aerospace Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.18

Medium
Medium volatility, healthy price movement.

CCI (14): -190.33

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$42.81
Middle Band (SMA 20)
$37.49
Lower Band
$32.16
Current Position
Below Lower Band

Takeaway:Magellan Aerospace Corporation trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$41.11
Middle Line (EMA 20)
$36.76
Lower Channel
$32.41
Squeeze Status
No Squeeze

Takeaway:Magellan Aerospace Corporation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume183.89K
Money Flow Index48.14Neutral, balanced money flows with no clear signal.
Relative Vigor Index24.03Bearish, price momentum favors sellers.

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 (TSX: MAL.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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

(TSX: MAL.TO) Technical Analysis FAQ