Stock Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Magellan Aerospace Corp (TSE:MAL)
Countertrend Up (+85) - MAL is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for MAL
The long-term trend has been UP since Nov 18th, 2020 at 8.14
The intermediate-term trend has been UP since Jan 15th, 2021 at 9.39
The short-term trend has been UP since Feb 24th, 2021 at 10.00
Smart Scan Analysis for MAL
Based on our trend formula, MAL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||21.49||Year High Date||2018-01-02|
|Year Low||15.02||Year Low Date||2018-06-27|
|52wk High||21.9||52wk High Date||2017-12-11|
|52wk Low||15.02||52wk Low Date||2018-06-27|
|Year End Close||3.2||Average Volume||14,535|