MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP (MFC-PR-L.CA) Stock Technical Analysis
TSX:MFC-PR-L - Toronto Stock Exchange - CA56501R7269 - Currency: CAD
We assign a technical rating of 8 out of 10 to MFC-PR-L. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFC-PR-L is only an average performer.
Warning: MFC-PR-L has an average volume of 4498 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-L is one of the better performing stocks in the Insurance industry, it outperforms 72% of 82 stocks in the same industry.
MFC-PR-L is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MFC-PR-L is leading the market.
When comparing the performance of all stocks over the past year, MFC-PR-L turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month MFC-PR-L has a been trading in a tight range between 22.26 and 23.56.
Considerably lower volume is observed in the last couple of days.
Although MFC-PR-L has an excellent technical rating, it does not offer a high 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.
More info and screens
19.88
23.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.66 to 23.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.41 to 20.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 20.08 to 20.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.57 to 23.57. 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-L.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFC-PR-L.CA is up. |
| ChartMill Relative Strength | 63.56 | NEUTRAL | MFC-PR-L.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-L.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFC-PR-L.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFC-PR-L.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.81 | NEUTRAL | The RSI value for MFC-PR-L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MFC-PR-L.CA has a positive trend. |
| Stochastics (14,3) | 98.23 | OVERBOUGHT | The high Stochastics value suggests MFC-PR-L.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for MFC-PR-L.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.25 | POSITIVE | The high ADX value value for MFC-PR-L.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 5.775 PERP
TSX:MFC-PR-L (6/18/2025, 7:00:00 PM)
23.56
+0.11 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.47%
1 Week2.21%
2 Weeks2.66%
1 Month4.48%
3 Month4.25%
6 Month3.33%
12 Month15.43%
2 Year33.64%
3 Year24.85%
5 Year76.48%
10 Year4.43%
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.85%
ATR Inc-63.75%
Range Today0.04
ADR(20)0.14
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.56
Mansfield-0.07
10 Day High23.56
10 Day Low22.87
20 Day High23.56
20 Day Low22.26
52 Week High23.7
52 Week Low0
CS1 End23.4
CR1 Start23.57
Volume & EV
DER(3)0%
DER(5)0%
Volume3.30K
Volume Incr-60.07%
Vol(5)2.55K
Vol(50)4.50K