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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Magellan Aerospace Corp (TSE:MAL)

Weak Downtrend (-65) - MAL is showing signs of a strengthening downtrend. Monitor MAL as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MAL?

MarketClub looks at technical strength and momentum to determine if the timing is right for MAL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_MAL
Open High Low MAL Price Change
8.05 8.05 7.78 7.94 -0.05
Entry Signal

MarketClub’s Trade Triangles for MAL

long term up The long-term trend has been UP since Feb 27th, 2024 at 8.150

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2024 at 7.900

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 8.275

Smart Scan Analysis for MAL

Based on our trend formula, MAL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.05 8.05 7.78 7.94 -0.05
Prev. Close Volume Bid Ask Time
7.97 6900 2024-03-28 12:25:41
Year High21.49Year High Date2018-01-02
Year Low15.02Year Low Date2018-06-27
52wk High21.952wk High Date2017-12-11
52wk Low15.0252wk Low Date2018-06-27
Year End Close3.2Average Volume14,535
Volatility26.55
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