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Stock Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

Magellan Aerospace Corp (TSE:MAL)

Strong Downtrend (-100) - MAL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MAL continues to fall. Traders should use caution and set stops.

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
7.71 7.72 7.56 7.64 -0.06
Entry Signal

MarketClub’s Trade Triangles for MAL

long term down The long-term trend has been DOWN since Nov 30th, 2021 at 9.80

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2022 at 9.51

short term down The short-term trend has been DOWN since May 2nd, 2022 at 9.50

Smart Scan Analysis for MAL

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

-100
Smart Scan Analysis for MAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.71 7.72 7.56 7.64 -0.06
Prev. Close Volume Bid Ask Time
7.56 12643 2022-05-20 15:50:29
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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