MANULIFE FINANCIAL CORP - MFCCN 6.35 PERP (MFC-PR-K.CA) Stock Technical Analysis
Canada - TSX:MFC-PR-K - CA56501R7426
24.65 CAD
-0.05 (-0.2%)
We assign a technical rating of 2 out of 10 to MFC-PR-K. MFC-PR-K was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
77% of all other stocks performed better in the past year than MFC-PR-K.
MFC-PR-K is one of the lesser performing stocks in the Insurance industry. 98% of 77 stocks in the same industry do better.
Warning: MFC-PR-K has an average volume of 4619 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MFC-PR-K 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-K is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month MFC-PR-K has a been trading in a tight range between 24.52 and 25.00.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MFC-PR-K does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.66, a Stop Loss order could be placed below this zone.
More info and screens
21.73
25.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.44 to 24.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.74 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 24.66 to 25.13. 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-K.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFC-PR-K.CA is down. |
| ChartMill Relative Strength | 23.76 | NEGATIVE | MFC-PR-K.CA has a low relative strength, it was outperformed by 76.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFC-PR-K.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFC-PR-K.CA is below a declining 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) | 47.74 | NEUTRAL | The RSI value for MFC-PR-K.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MFC-PR-K.CA has a positive trend. |
| Stochastics (14,3) | 78.21 | NEUTRAL | The Stochastics value for MFC-PR-K.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for MFC-PR-K.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.86 | 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 (9/16/2025, 7:00:00 PM)
24.65
-0.05 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.2%
1 Week0.41%
2 Weeks0.08%
1 Month-0.8%
3 Month-0.72%
6 Month3.78%
12 Month0.82%
2 Year23.5%
3 Year35.86%
5 Year43.77%
10 Year32.37%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.46%
ATR Inc-54.59%
Range Today0.05
ADR(20)0.09
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.76
Mansfield-0.82
10 Day High24.7
10 Day Low24.54
20 Day High25
20 Day Low24.52
52 Week High25.15
52 Week Low22.51
CS1 End24.66
CR1 Start24.7
Volume & EV
DER(3)0%
DER(5)0%
Volume6.37K
Volume Incr115.57%
Vol(5)8.35K
Vol(50)4.62K