MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP (MFC-PR-I.CA) Stock Technical Analysis
TSX:MFC-PR-I - Toronto Stock Exchange - CA56501R7830 - Currency: CAD
Overall MFC-PR-I gets a technical rating of 6 out of 10. 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: 64% of all stocks are doing better.
MFC-PR-I is one of the lesser performing stocks in the Insurance industry. 97% of 79 stocks in the same industry do better.
Warning: MFC-PR-I has an average volume of 6995 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 in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MFC-PR-I is lagging the market slightly.
In the last month MFC-PR-I has a been trading in a tight range between 25.25 and 25.82.
Considerably lower volume is observed in the last couple of days.
MFC-PR-I has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.14, a Stop Loss order could be placed below this zone.
More info and screens
22.44
25.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.98 to 25.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.44 to 24.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.91 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 multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.46 to 25.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 36.18 | NEUTRAL | MFC-PR-I.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MFC-PR-I.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFC-PR-I.CA is above the rising 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) | 51.64 | NEUTRAL | The RSI value for MFC-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MFC-PR-I.CA has a negative trend. |
| Stochastics (14,3) | 21.05 | NEUTRAL | The Stochastics value for MFC-PR-I.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for MFC-PR-I.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.85 | POSITIVE | The high ADX value value for MFC-PR-I.CA suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.47 | 25.25 | 0.22 (0.87%) | 25.00% |
| An entry @25.47. This is a Buy Stop order right above the 10 day moving average. | An exit @25.25. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.22 points, which is 0.87%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MFC-PR-I. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MANULIFE FINANCIAL CORP - MFCCN 5.978 PERP
TSX:MFC-PR-I (8/8/2025, 7:00:00 PM)
25.38
+0.05 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.2%
1 Week-0.7%
2 Weeks0.2%
1 Month0.08%
3 Month2.34%
6 Month2.17%
12 Month4.44%
2 Year25.33%
3 Year4.79%
5 Year32.46%
10 Year14.07%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.53%
ATR Inc-23.33%
Range Today0.01
ADR(20)0.11
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.18
Mansfield-0.55
10 Day High25.82
10 Day Low25.26
20 Day High25.82
20 Day Low25.25
52 Week High25.82
52 Week Low22.75
CS1 End25.14
CR1 Start25.46
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr-66.62%
Vol(5)1.61K
Vol(50)7.00K