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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.
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MarketClub’s Trade Triangles for MAL
The long-term trend has been DOWN since Nov 30th, 2021 at 9.80
The intermediate-term trend has been DOWN since Apr 28th, 2022 at 9.51
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).
| 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 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 |
| Volatility | 26.55 |