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MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP (MFC-PR-L.CA) Stock Technical Analysis

TSX:MFC-PR-L - Toronto Stock Exchange - CA56501R7269 - Currency: CAD

21.75  +0.06 (+0.28%)

Technical Rating and Analysis

0

Taking everything into account, MFC-PR-L scores 0 out of 10 in our technical rating. MFC-PR-L scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MFC-PR-L is a bad performer in the overall market: 66% of all stocks are doing better.
MFC-PR-L is part of the Insurance industry. There are 82 other stocks in this industry, of which 85% are performing better than MFC-PR-L.
Warning: MFC-PR-L has an average volume of 6315 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MFC-PR-L is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month MFC-PR-L has a been trading in the 19.91 - 22.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP / MFC-PR-L Weekly stock chart
MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP / MFC-PR-L Daily stock chart
Setup Rating and Analysis

6

MFC-PR-L has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.93. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

19.88

23.69

We found 1 important support area.

  • A support zone ranging from 20.08 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 21.93 to 22.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @22.88 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 23.39 to 23.46. 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
CRS34.89
Mansfield-0.31
10 Day High21.87
10 Day Low20.91
20 Day High22.61
20 Day Low19.91
52 Week High23.7
52 Week Low0
Performance
1 Week2.79%
2 Weeks3.57%
1 Month-3.68%
3 Month-5.35%
6 Month-4.94%
12 Month-2.86%
2 Year35.77%
3 Year4.82%
5 Year64.77%
10 Year-6.77%
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)0.14
RSI(14)51.79
LBB20.65
UBB21.98
MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP / MFC-PR-L Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP

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

21.75

+0.06 (+0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.28%
1 Week2.79%
2 Weeks3.57%
1 Month-3.68%
3 Month-5.35%
6 Month-4.94%
12 Month-2.86%
2 Year35.77%
3 Year4.82%
5 Year64.77%
10 Year-6.77%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.94%
ATR Inc-74.75%
Range Today0.17
ADR(20)0.27
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.89
Mansfield-0.31
10 Day High21.87
10 Day Low20.91
20 Day High22.61
20 Day Low19.91
52 Week High23.7
52 Week Low0
CS1 End20.41
CR1 Start21.93
Volume & EV
DER(3)0%
DER(5)0%
Volume11.00K
Volume Incr-7.13%
Vol(5)4.06K
Vol(50)6.32K