MDA Space Ltd. (MDA)

MDA Space Ltd. is trading at $34.62, down 1.82% on the session. The 50 day average sits at $35.36 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 55.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $35.08 with resistance near $41.66, so that band frames the current range. Average daily movement is roughly $1.94, or about 5.6% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 28, momentum of 86 and a risk score of 58.

MDA Space Ltd. provides space technology solutions and services in Canada, the United States, Europe, Asia, the Middle East, and internationally. It offers satellite communications solutions, such as space-based broadband Internet, direct-to-device satellite communication, and IoT connectivity; MDA AURORA, a software-defined digital satellite product line; and autonomous robotics systems and services used to operate in space and on the surfaces of the Moon and Mars. The company also provides robotic systems, robotic interfaces, tooling, robotic ground control stations, and operations services; electro-optic and light detection and ranging sensors, vision and targeting systems, guidance, navigation, and control subsystems and planetary rover locomotion subsystems; MDA SKYMAKER, a suite of scalable and modular space robotics; and Canadarm3, a robotics system. In addition, it offers satellite-generated imagery and data to deliver critical and value-added insights for end users, such as national security, climate change monitoring, and maritime surveillance; collection, processing, and dissemination of Earth imagery data from space; defense command, control, communications, computers, intelligence, surveillance, and reconnaissance solutions, including command and control systems and airborne surveillance solutions; aeronautical navigation information solutions; and long endurance uncrewed aerial vehicle surveillance services. Further, operates as an owner and operator of the RADARSAT-2 Earth observation satellite; and is involved in the operation of MDA CHORUS, an Earth observation mission. It serves governments and space agencies, commercial space companies, and defense and aerospace prime contractors in the space industry. The company was formerly known as MDA Ltd. and changed its name to MDA Space Ltd. in May 2024. MDA Space Ltd. was incorporated in 1969 and is headquartered in Brampton, Canada.