Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$35.10
$0.56(1.62%)
Canadian Market opens in 21h 19m

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 bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.22)
Trend Strength:Moderate (ADX: 24.46)
Volatility:Medium (ATR: 1.71)
Support/Resistance:$30.60 – $37.05 (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): 59.22

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.88

Neutral
Mid-range signal with no clear trend.

Williams %R: -31.55

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -6.77

Strongly Bearish
Sharp downside momentum.

Takeaway:Magellan Aerospace Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.63

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.46

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.71

Low
Low volatility, stable price action.

CCI (14): 69.65

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
$37.05
Middle Band (SMA 20)
$33.83
Lower Band
$30.60
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$36.87
Middle Line (EMA 20)
$33.45
Lower Channel
$30.04
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume523.13K
Money Flow Index47.11Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.49Neutral 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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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