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Stock Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Magellan Aerospace Corp (TSE:MAL)

Crossroads (+60) - MAL is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
8.90 9.25 8.61 8.85 +0.55
Entry Signal

MarketClub’s Trade Triangles for MAL

long term down The long-term trend has been DOWN since Jul 2nd, 2019 at 15.88

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2020 at 6.28

short term up The short-term trend has been UP since Jun 3rd, 2020 at 6.25

Smart Scan Analysis for MAL

Based on our trend formula, MAL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.90 9.25 8.61 8.85 +0.55
Prev. Close Volume Bid Ask Time
6.18 195894 2020-06-05 15:59:54
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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