MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP (MFC-PR-K.CA) Stock Technical Analysis
TSX:MFC-PR-K - Toronto Stock Exchange - CA56501R7426 - Currency: CAD
Taking everything into account, MFC-PR-K scores 8 out of 10 in our technical rating. Although MFC-PR-K is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MFC-PR-K is one of the lesser performing stocks in the Insurance industry. 84% of 79 stocks in the same industry do better.
Warning: MFC-PR-K has an average volume of 5472 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 positive. This is a very positive sign.
A new 52 week high is currently being made by MFC-PR-K, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When compared to the yearly performance of all other stocks, MFC-PR-K outperforms 41% of them, which is more or less in line with the market.
In the last month MFC-PR-K has a been trading in a tight range between 24.40 and 24.99.
Considerably lower volume is observed in the last couple of days.
MFC-PR-K has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
21.73
25.40
When analyzing the support we can see 5 important areas.
- A support zone ranging from 24.75 to 24.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.24 to 24.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.17 from a trend line in the weekly time frame.
- A support zone ranging from 22.41 to 22.56. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.00 to 25.15. 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-K.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFC-PR-K.CA is up. |
| ChartMill Relative Strength | 41.29 | NEUTRAL | MFC-PR-K.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-K.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFC-PR-K.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFC-PR-K.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.82 | NEUTRAL | The RSI value for MFC-PR-K.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MFC-PR-K.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests MFC-PR-K.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for MFC-PR-K.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.35 | POSITIVE | The high ADX value value for MFC-PR-K.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)
MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP
TSX:MFC-PR-K (7/4/2025, 7:00:00 PM)
24.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week0.56%
2 Weeks0.93%
1 Month1.17%
3 Month7.95%
6 Month2.84%
12 Month3.74%
2 Year26.08%
3 Year21.9%
5 Year57.17%
10 Year19.46%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.54%
ATR Inc-55.23%
Range Today0
ADR(20)0.1
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.29
Mansfield-0.47
10 Day High24.99
10 Day Low24.71
20 Day High24.99
20 Day Low24.4
52 Week High24.99
52 Week Low22.51
CS1 End24.85
CR1 Start25
Volume & EV
DER(3)0%
DER(5)0%
Volume700
Volume Incr0.19%
Vol(5)2.61K
Vol(50)5.47K