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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
9.26 9.55 9.26 9.55 +0.29
Entry Signal

MarketClub’s Trade Triangles for MAL

long term up The long-term trend has been UP since Feb 27th, 2024 at 8.15

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 10.27

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 10.74

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
9.26 9.55 9.26 9.55 +0.29
Prev. Close Volume Bid Ask Time
9.55 7500 2024-12-24 12:59:59
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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