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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

20.2  +0.01 (+0.05%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to MFC-PR-B. MFC-PR-B has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

MFC-PR-B is part of the Insurance industry. There are 81 other stocks in this industry, of which 80% are performing better than MFC-PR-B.
Warning: MFC-PR-B has an average volume of 5063 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, MFC-PR-B outperforms 44% of them, which is more or less in line with the market.
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 19.75 and 20.93.
Volume is considerably higher 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

1

The technical rating of MFC-PR-B is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

18.10

21.77

3 important support areas can be observed.

  • Support @19.96 from a trend line in the weekly time frame.
  • 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.

3 important resistance areas can be observed.

  • A resistance zone ranging from 20.37 to 20.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • 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 IndicatorNEUTRALNEUTRALThe long term trend for MFC-PR-B.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MFC-PR-B.CA is neutral.
ChartMill Relative Strength44.65NEUTRALMFC-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)DOWNNEGATIVEThe current price of MFC-PR-B.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of MFC-PR-B.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)45.02NEUTRALThe RSI value for MFC-PR-B.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests MFC-PR-B.CA has a negative trend.
Stochastics (14,3)39.39NEUTRALThe Stochastics value for MFC-PR-B.CA is a neutral value.
Average True Range in percent/ATR (20)0.95LOW VOLATILITYThe low ATR as a percentage value for MFC-PR-B.CA suggests low volalility.
Average Directional Index/ADX (14)19.63NEGATIVEThe 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 (5/22/2025, 7:00:00 PM)

20.2

+0.01 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.05%
1 Week-2.7%
2 Weeks-0.44%
1 Month0.1%
3 Month-3.63%
6 Month3.27%
12 Month5.65%
2 Year9.54%
3 Year-7.55%
5 Year-3.9%
10 Year-13.3%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.95%
ATR Inc48.75%
Range Today0.02
ADR(20)0.16
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.65
Mansfield-0.31
10 Day High20.93
10 Day Low20.18
20 Day High20.93
20 Day Low19.75
52 Week High21.55
52 Week Low18.87
CS1 End19.96
CR1 Start20.37
Volume & EV
DER(3)0%
DER(5)0%
Volume574
Volume Incr143.01%
Vol(5)7.32K
Vol(50)5.06K