1.  Exit Case: Kinaxis Inc. 

Overview:

Kinaxis Inc. (TSX: KXS) is a Canada-based provider of software solutions for sales and operations planning (S&OP) and supply chain management. The firm's flagship RapidResponse product is offered on the cloud. Its capabilities include consequence evaluation and alerting, responsibility-based collaboration, high-speed analytics, and scenario simulation. Kinaxis's S&OP solution capabilities include supply and demand planning, capacity and inventory planning, and inventory management. The firm has operations in North America, Europe, and Asia-Pacific regions.

KXS has been a part of the ‘Growth Portfolio’ since 10 September 2024. However, considering the recent rally, trading above resistance level, and ~16.00% upside from the entry price, an ‘Exit’ is recommended from the stock at the price of CAD 177.00, (as on 23^rd April 2025).

Kinaxis Inc. (TSX: KXS) is a part of Kalkine’s Growth Portfolio, has breached its resistance level 1 around which an exit case emerges.

1.1 Support and Resistance Summary as provided in our last published report dated 10 Sep 2024.

Kinaxis Inc. (TSX: KXS)  

2.    New Entry Case: MDA Space Ltd. (TSX: MDA) 

Overview:

MDA Space Ltd. (TSX: MDA) is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators. 

Technical Analysis: On the daily chart, MDA prices are trading above an ascending trendline, indicating positive momentum. The 14-period Relative Strength Index (RSI) stands at approximately 49.01, reflecting strong buying interest. Additionally, prices are positioned above the 20-period Simple Moving Average (SMA), which could serve as a support level. The key support for the stock price is at CAD 22.15, while the critical resistance level is at CAD 27.73. 

Considering the above mentioned factors, technical analysis, support & resistance levels, key risks and outlook an, ‘Entry’ is recommended in the ‘Growth Portfolio’ at the closing market price of CAD 25.35, as on (as on 23^rd April 2025). 

MDA Space Ltd. (TSX: MDA) has been identified as the new entry to our Growth Portfolio.

2.1 Support and Resistance Summary (as on 23^rd April 2025)

2.2 MDA Space Ltd. (TSX: MDA)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of (23^rd April 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.