MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP (MFC-PR-L.CA) Stock Technical Analysis
TSX:MFC-PR-L - CA56501R7269
24.17 CAD
+0.07 (+0.29%)
We assign a technical rating of 5 out of 10 to MFC-PR-L. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MFC-PR-L is a bad performer.
63% of all other stocks performed better in the past year than MFC-PR-L.
MFC-PR-L is one of the lesser performing stocks in the Insurance industry. 77% of 80 stocks in the same industry do better.
Warning: MFC-PR-L has an average volume of 5498 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.
MFC-PR-L 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-L is lagging the market slightly.
In the last month MFC-PR-L has a been trading in a tight range between 23.75 and 24.30.
Considerably lower volume is observed in the last couple of days.
MFC-PR-L has an average technical rating and also 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
20.21
24.87
We found 4 important support areas.
- A support zone ranging from 23.75 to 24.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @22.88 from a horizontal line in the daily time frame.
- Support @20.95 from a trend line in the weekly time frame.
- Support @20.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.19 to 24.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.62 to 24.62. 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 | 37.32 | NEUTRAL | MFC-PR-L.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MFC-PR-L.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MFC-PR-L.CA is below 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) | 55.42 | NEUTRAL | The RSI value for MFC-PR-L.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MFC-PR-L.CA has a positive trend. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests MFC-PR-L.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for MFC-PR-L.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.01 | NEUTRAL | The ADX value for MFC-PR-L.CA suggests a possible start of a new 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 (9/5/2025, 7:00:00 PM)
24.17
+0.07 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.29%
1 Week0.54%
2 Weeks1.77%
1 Month-0.17%
3 Month4.86%
6 Month4.54%
12 Month3.33%
2 Year35.1%
3 Year43.02%
5 Year50.69%
10 Year29.32%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.5%
ATR Inc-25.62%
Range Today0.12
ADR(20)0.09
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
CRS37.32
Mansfield-0.45
10 Day High24.17
10 Day Low23.76
20 Day High24.3
20 Day Low23.75
52 Week High24.65
52 Week Low19.91
CS1 End24
CR1 Start24.19
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-59.93%
Vol(5)2.46K
Vol(50)5.50K