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MANULIFE FINANCIAL - MFCCN 4.65 PERP (MFC-PR-B.CA) Stock Technical Analysis

TSX:MFC-PR-B - Toronto Stock Exchange - CA56501R4035 - Currency: CAD

20.59  +0.05 (+0.24%)

Technical Rating and Analysis

4

Overall MFC-PR-B gets a technical rating of 4 out of 10. In the last year, MFC-PR-B was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

MFC-PR-B is part of the Insurance industry. There are 82 other stocks in this industry, of which 88% are performing better than MFC-PR-B.
Warning: MFC-PR-B has an average volume of 5394 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, MFC-PR-B turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
MFC-PR-B is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MFC-PR-B is lagging the market slightly.
In the last month MFC-PR-B has a been trading in a tight range between 19.97 and 20.96.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MANULIFE FINANCIAL - MFCCN 4.65 PERP / MFC-PR-B Weekly stock chart
MANULIFE FINANCIAL - MFCCN 4.65 PERP / MFC-PR-B Daily stock chart
Setup Rating and Analysis

4

MFC-PR-B has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

18.10

21.77

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 19.97 to 20.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 19.38 to 19.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @18.28 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @21.15 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 21.55 to 21.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MFC-PR-B.CA is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MFC-PR-B.CA is down.
ChartMill Relative Strength45.19NEUTRALMFC-PR-B.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of MFC-PR-B.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MFC-PR-B.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of MFC-PR-B.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)49.1NEUTRALThe RSI value for MFC-PR-B.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests MFC-PR-B.CA has a negative trend.
Stochastics (14,3)17.93OVERSOLDThe low Stochastics value suggests MFC-PR-B.CA may be oversold.
Average True Range in percent/ATR (20)0.66LOW VOLATILITYThe low ATR as a percentage value for MFC-PR-B.CA suggests low volalility.
Average Directional Index/ADX (14)13.11NEGATIVEThe low ADX value for MFC-PR-B.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MANULIFE FINANCIAL - MFCCN 4.65 PERP / MFC-PR-B Daily stock chart

MANULIFE FINANCIAL - MFCCN 4.65 PERP

TSX:MFC-PR-B (6/18/2025, 7:00:00 PM)

20.59

+0.05 (+0.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.24%
1 Week-0.96%
2 Weeks-1.67%
1 Month1.98%
3 Month-0.91%
6 Month2.64%
12 Month7.74%
2 Year14.26%
3 Year3.21%
5 Year-7.04%
10 Year-9.14%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.66%
ATR Inc-53.85%
Range Today0.08
ADR(20)0.11
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.19
Mansfield-0.34
10 Day High20.96
10 Day Low20.51
20 Day High20.96
20 Day Low19.97
52 Week High21.55
52 Week Low18.96
CS1 End20.55
CR1 Start21.15
Volume & EV
DER(3)0%
DER(5)0%
Volume1.62K
Volume Incr-74.62%
Vol(5)1.82K
Vol(50)5.39K