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MANULIFE FINANCIAL CORP - MFCCN 4 1/2 PERP (MFC-PR-C.CA) Stock Technical Analysis

TSX:MFC-PR-C - Toronto Stock Exchange - CA56501R5024 - Currency: CAD

19.53  +0.14 (+0.72%)

Technical Rating and Analysis

1

Overall MFC-PR-C gets a technical rating of 1 out of 10. MFC-PR-C 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MFC-PR-C is part of the Insurance industry. There are 80 other stocks in this industry, of which 68% are performing better than MFC-PR-C.
In the last month MFC-PR-C has a been trading in the 19.07 - 20.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: MFC-PR-C has an average volume of 5453 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, MFC-PR-C turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
MFC-PR-C is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP - MFCCN 4 1/2 PERP / MFC-PR-C Weekly stock chart
MANULIFE FINANCIAL CORP - MFCCN 4 1/2 PERP / MFC-PR-C Daily stock chart
Setup Rating and Analysis

8

MFC-PR-C has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.92

21.56

When analyzing the support we notice one important area.

  • A support zone ranging from 19.11 to 19.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 19.94 to 20.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @20.94 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 21.35 to 21.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.73
Mansfield0.1
10 Day High19.8
10 Day Low19.07
20 Day High20.46
20 Day Low19.07
52 Week High21.41
52 Week Low18.31
Performance
1 Week0.15%
2 Weeks1.98%
1 Month-4.5%
3 Month-3.46%
6 Month-1.56%
12 Month4.55%
2 Year9.6%
3 Year-9.5%
5 Year-4.26%
10 Year-15.05%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)44.04
LBB19.04
UBB19.86
MANULIFE FINANCIAL CORP - MFCCN 4 1/2 PERP / MFC-PR-C Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 4 1/2 PERP

TSX:MFC-PR-C (5/1/2025, 7:00:00 PM)

19.53

+0.14 (+0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.72%
1 Week0.15%
2 Weeks1.98%
1 Month-4.5%
3 Month-3.46%
6 Month-1.56%
12 Month4.55%
2 Year9.6%
3 Year-9.5%
5 Year-4.26%
10 Year-15.05%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.4%
ATR Inc-31.19%
Range Today0.28
ADR(20)0.22
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.73
Mansfield0.1
10 Day High19.8
10 Day Low19.07
20 Day High20.46
20 Day Low19.07
52 Week High21.41
52 Week Low18.31
CS1 End19.34
CR1 Start19.94
Volume & EV
DER(3)0%
DER(5)0%
Volume3.90K
Volume Incr-37.96%
Vol(5)3.77K
Vol(50)5.45K