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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
$33.52
$0.03(0.09%)
Canadian Market opens in 22h 54m

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:Neutral to Bearish (RSI: 48.41)
Trend Strength:Weak (ADX: 14.12)
Volatility:Medium (ATR: 1.50)
Support/Resistance:$31.20 – $34.50 (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): 48.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 79.26

Bullish
Buying momentum building without extremes.

Williams %R: -23.73

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.32

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.58

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.12

Weak
Weak trend, market trading sideways.

ATR (14): 1.50

Low
Low volatility, stable price action.

CCI (14): 80.87

Bullish
Bullish, momentum building upward.

Takeaway:Magellan Aerospace Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$34.50
Middle Band (SMA 20)
$32.85
Lower Band
$31.20
Current Position
Within Bands

Takeaway:Magellan Aerospace Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$36.56
Middle Line (EMA 20)
$33.56
Lower Channel
$30.56
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume270.56K
Money Flow Index28.55Bearish, selling pressure outweighs inflows.
Relative Vigor Index56.41Neutral 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 (TSX: MAL.TO), here are the key trading signals and recommendations:

Bullish Signals

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

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

Bearish Signals

No significant bearish signals detected.

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

(TSX: MAL.TO) Technical Analysis FAQ