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MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP (MFC-PR-K.CA) Stock Technical Analysis

TSX:MFC-PR-K - Toronto Stock Exchange - CA56501R7426 - Currency: CAD

23.76  -0.05 (-0.21%)

Technical Rating and Analysis

3

Taking everything into account, MFC-PR-K scores 3 out of 10 in our technical rating. MFC-PR-K 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-K is one of the lesser performing stocks in the Insurance industry. 74% of 80 stocks in the same industry do better.
Warning: MFC-PR-K has an average volume of 7404 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MFC-PR-K has a been trading in the 22.51 - 23.89 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MFC-PR-K outperforms 44% of them, which is more or less in line with the market.
MFC-PR-K 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 6.35 PERP / MFC-PR-K Weekly stock chart
MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP / MFC-PR-K Daily stock chart
Setup Rating and Analysis

3

The technical rating of MFC-PR-K is bad and it also does not present a quality setup 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

21.73

24.90

3 important support areas can be observed.

  • A support zone ranging from 23.18 to 23.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.41 to 22.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.95 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @23.80 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 24.34 to 24.65. 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
CRS44.77
Mansfield-0.12
10 Day High23.89
10 Day Low23
20 Day High23.89
20 Day Low22.51
52 Week High24.74
52 Week Low22
Performance
1 Week1.76%
2 Weeks3.26%
1 Month-0.17%
3 Month-2.22%
6 Month-2.7%
12 Month2.19%
2 Year31.85%
3 Year4.81%
5 Year71.8%
10 Year1.32%
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)0.11
RSI(14)59.01
LBB22.7
UBB23.96
MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP / MFC-PR-K Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP

TSX:MFC-PR-K (5/2/2025, 7:00:00 PM)

23.76

-0.05 (-0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.21%
1 Week1.76%
2 Weeks3.26%
1 Month-0.17%
3 Month-2.22%
6 Month-2.7%
12 Month2.19%
2 Year31.85%
3 Year4.81%
5 Year71.8%
10 Year1.32%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.29%
ATR Inc-35.76%
Range Today0
ADR(20)0.26
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.77
Mansfield-0.12
10 Day High23.89
10 Day Low23
20 Day High23.89
20 Day Low22.51
52 Week High24.74
52 Week Low22
CS1 End23.7
CR1 Start23.8
Volume & EV
DER(3)1285.41%
DER(5)819.15%
Volume300
Volume Incr-15.65%
Vol(5)7.02K
Vol(50)7.40K