MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MFC-PR-I - CA56501R7830
Taking everything into account, MFC-PR-I scores 5 out of 10 in our technical rating. Although MFC-PR-I is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, MFC-PR-I is a bad performer in the overall market: 67% of all stocks are doing better.
- MFC-PR-I is part of the Insurance industry. There are 80 other stocks in this industry, of which 68% are performing better than MFC-PR-I.
- Warning: MFC-PR-I has an average volume of 5935 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- MFC-PR-I is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MFC-PR-I has a been trading in a tight range between 25.41 and 25.81.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MFC-PR-I does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.68, a Stop Loss order could be placed below this zone.
More info and screens
22.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.12 to 25.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.45 from a horizontal line in the daily time frame.
- Support @23.69 from a trend line in the weekly time frame.
- A support zone ranging from 22.67 to 23.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.78 to 25.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MFC-PR-I.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFC-PR-I.CA is up. |
| ChartMill Relative Strength | 33.89 | NEUTRAL | MFC-PR-I.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFC-PR-I.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MFC-PR-I.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFC-PR-I.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for MFC-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MFC-PR-I.CA has a negative trend. |
| Stochastics (14,3) | 69.95 | NEUTRAL | The Stochastics value for MFC-PR-I.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for MFC-PR-I.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 7.04 | NEGATIVE | The low ADX value for MFC-PR-I.CA suggests a weak or negative trend. |
MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP
TSX:MFC-PR-I (1/16/2026, 7:00:00 PM)
25.72
+0.07 (+0.27%)
MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP / MFC-PR-I.CA FAQ
What is the technical rating for MFC-PR-I stock?
ChartMill assigns a technical rating of 5 / 10 to MFC-PR-I.CA.
Can you provide the trend direction for MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP?
The current trend direction for MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) is Bullish.
Can you provide the RSI signal for MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP?
MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) has an RSI value of 52.2302. This indicates that the stock is currently neutral.
What is the MACD signal for MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) stock?
The MACD indicator for MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) has a value of -0.0226378, indicating a bearish trend.
What are the support and resistance levels for MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) stock?
MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) has a support level at 25.68 and a resistance level at 25.78. Check the full technical report for our detailed analysis of MFC-PR-I.CA support and resistance levels.