TSX:MAL Technical Analysis

Magellan Aerospace Corporation — Technical Analysis & Chart Patterns

17 formations appear in MAL's daily price history. A fair value gap (fvg), bullish completed with an upward breakout on August 11, 2026; a break of structure (bos) completed with an upward breakout on August 13, 2026; a fair value gap (fvg), bearish completed with a downward breakout on August 12, 2026; a p&f double top breakout completed with an upward breakout on August 13, 2026; a market structure shift (mss) / choch completed with a downward breakout on August 19, 2026; a mitigation block, bullish completed with an upward breakout on August 17, 2026; a donchian breakout, bearish completed with a downward breakout on August 24, 2026; an ascending broadening wedge completed with a downward breakout on August 24, 2026; a fair value gap (fvg), bearish completed with a downward breakout on August 28, 2026; a flag, bearish completed with a downward breakout on September 2, 2026; a mitigation block, bearish is currently forming and has not yet triggered; a falling wedge completed with an upward breakout on September 18, 2026; a spinning top, black printed a bearish signal on September 18, 2026; a Wyckoff markup phase has been under way since February 6, 2026; a head-and-shoulders top is currently forming and has not yet triggered; a flag, bearish is currently forming and has not yet triggered; a spinning top, black printed a bearish signal on September 22, 2026.

Signal balance Bearish tilt 1 bullish (0.5) · 5 bearish (8)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 4 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
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BREAKOUT UP
Wyckoff Markup Phase — Feb 6, 2026 to Sep 22, 2026
FORMING
Head-and-Shoulders Top — Jun 9, 2026 to Sep 22, 2026
FORMING
Flag, Bearish — Sep 3, 2026 to Sep 22, 2026
BREAKOUT DOWN
Flag, Bearish — Aug 25, 2026 to Sep 1, 2026 · broke out on Sep 2, 2026
BREAKOUT DOWN
Spinning Top, Black — Sep 22, 2026 to Sep 22, 2026 · broke out on Sep 22, 2026
BREAKOUT DOWN
Spinning Top, Black — Sep 18, 2026 to Sep 18, 2026 · broke out on Sep 18, 2026
BREAKOUT UP
Falling Wedge — Jul 31, 2026 to Sep 17, 2026 · broke out on Sep 18, 2026
FORMING
Mitigation Block, Bearish — Aug 24, 2026 to Sep 3, 2026
BREAKOUT DOWN
Fair Value Gap (FVG), Bearish — Aug 21, 2026 to Aug 26, 2026 · broke out on Aug 28, 2026
BREAKOUT DOWN
Fair Value Gap (FVG), Bearish — Aug 7, 2026 to Aug 12, 2026 · broke out on Aug 12, 2026
BREAKOUT DOWN
Donchian Breakout, Bearish — Jul 24, 2026 to Aug 21, 2026 · broke out on Aug 24, 2026
BREAKOUT DOWN
Ascending Broadening Wedge — Jun 9, 2026 to Aug 21, 2026 · broke out on Aug 24, 2026
BREAKOUT UP
Mitigation Block, Bullish — Aug 7, 2026 to Aug 17, 2026 · broke out on Aug 17, 2026
BREAKOUT DOWN
Market Structure Shift (MSS) / ChoCh — Jul 16, 2026 to Aug 14, 2026 · broke out on Aug 19, 2026
BREAKOUT UP
P&F Double Top Breakout — Aug 4, 2026 to Aug 12, 2026 · broke out on Aug 13, 2026
BREAKOUT UP
Fair Value Gap (FVG), Bullish — Jul 31, 2026 to Aug 11, 2026 · broke out on Aug 11, 2026
BREAKOUT UP
Break of Structure (BOS) — Jul 16, 2026 to Aug 11, 2026 · broke out on Aug 13, 2026
Detected on this chart: Flag, Bearish ×2 (forming now), Spinning Top, Black ×2, Fair Value Gap (FVG), Bearish ×2, Wyckoff Markup Phase, Head-and-Shoulders Top (forming now), Falling Wedge, Mitigation Block, Bearish (forming now), Donchian Breakout, Bearish, Ascending Broadening Wedge, Mitigation Block, Bullish, Market Structure Shift (MSS) / ChoCh, P&F Double Top Breakout, Fair Value Gap (FVG), Bullish, Break of Structure (BOS). Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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