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MANULIFE FINANCIAL CORP - MFCCN 5.542 PERP (MFC-PR-M.CA) Stock Technical Analysis

TSX:MFC-PR-M - Toronto Stock Exchange - CA56501R6923 - Currency: CAD

24.64  +0.07 (+0.28%)

Technical Rating and Analysis

8

Overall MFC-PR-M gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFC-PR-M is only an average performer.

Warning: MFC-PR-M has an average volume of 10014 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-M is one of the better performing stocks in the Insurance industry, it outperforms 77% of 81 stocks in the same industry.
MFC-PR-M is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MFC-PR-M has a been trading in the 22.81 - 24.79 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, MFC-PR-M turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP - MFCCN 5.542 PERP / MFC-PR-M Weekly stock chart
MANULIFE FINANCIAL CORP - MFCCN 5.542 PERP / MFC-PR-M Daily stock chart
Setup Rating and Analysis

3

Although MFC-PR-M has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

20.74

24.89

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 23.04 to 23.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @22.57 from a horizontal line in the daily time frame.
  • Support @21.72 from a trend line in the weekly time frame.
  • A support zone ranging from 20.95 to 21.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MFC-PR-M.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MFC-PR-M.CA is up.
ChartMill Relative Strength63.71NEUTRALMFC-PR-M.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MFC-PR-M.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MFC-PR-M.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MFC-PR-M.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)79.48OVERBOUGHTThe high RSI value suggests MFC-PR-M.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.12POSITIVEThe MACD value suggests MFC-PR-M.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)92.99OVERBOUGHTThe high Stochastics value suggests MFC-PR-M.CA may be overbought.
Average True Range in percent/ATR (20)0.81LOW VOLATILITYThe low ATR as a percentage value for MFC-PR-M.CA suggests low volalility.
Average Directional Index/ADX (14)27.83POSITIVEThe high ADX value value for MFC-PR-M.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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 5.542 PERP / MFC-PR-M Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 5.542 PERP

TSX:MFC-PR-M (7/10/2025, 7:00:00 PM)

24.64

+0.07 (+0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.28%
1 Week3.18%
2 Weeks5.98%
1 Month5.57%
3 Month17.33%
6 Month6.99%
12 Month14.07%
2 Year44.77%
3 Year26.88%
5 Year54%
10 Year10.49%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.81%
ATR Inc1.03%
Range Today0.01
ADR(20)0.18
ADR(20)%0.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.71
Mansfield0.12
10 Day High24.79
10 Day Low23.25
20 Day High24.79
20 Day Low22.81
52 Week High24.79
52 Week Low20.75
CS1 End23.63
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume2.56K
Volume Incr18.44%
Vol(5)8.09K
Vol(50)10.01K