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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

22.87  0 (0%)

Technical Rating and Analysis

4

Overall MFC-PR-M gets a technical rating of 4 out of 10. MFC-PR-M has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: MFC-PR-M has an average volume of 18228 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MFC-PR-M is part of the Insurance industry. There are 84 other stocks in this industry. MFC-PR-M outperforms 71% of them.
MFC-PR-M 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-M is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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 66% of all stocks.
In the last month MFC-PR-M has a been trading in a tight range between 22.77 and 23.44.
Considerably lower volume is observed in the last couple of days.
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

5

Although the technical rating is only medium, MFC-PR-M does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

21.00

23.64

2 important support areas can be observed.

  • Support @22.05 from a horizontal line in the daily time frame.
  • A support zone ranging from 21.21 to 21.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.93 to 23.41. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS66.68
Mansfield-0.22
10 Day High23.42
10 Day Low22.77
20 Day High23.44
20 Day Low22.77
52 Week High23.44
52 Week Low19.09
Performance
1 Week-1.21%
2 Weeks-2.31%
1 Month-0.69%
3 Month5.39%
6 Month7.17%
12 Month17.89%
2 Year32.04%
3 Year-1.93%
5 Year36.46%
10 Year-3.91%
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)-0.09
RSI(14)46.39
LBB22.68
UBB23.58
MANULIFE FINANCIAL CORP - MFCCN 5.542 PERP / MFC-PR-M Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 5.542 PERP

TSX:MFC-PR-M (2/7/2025, 7:00:00 PM)

22.87

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week-1.21%
2 Weeks-2.31%
1 Month-0.69%
3 Month5.39%
6 Month7.17%
12 Month17.89%
2 Year32.04%
3 Year-1.93%
5 Year36.46%
10 Year-3.91%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.69%
ATR Inc-96.9%
Range Today0
ADR(20)0.12
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.68
Mansfield-0.22
10 Day High23.42
10 Day Low22.77
20 Day High23.44
20 Day Low22.77
52 Week High23.44
52 Week Low19.09
CS1 End22.05
CR1 Start22.93
Volume & EV
DER(3)-1.33%
DER(5)0.98%
Volume1.75K
Volume Incr-73.31%
Vol(5)2.34K
Vol(50)18.23K