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MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP (MFC-PR-N.CA) Stock Technical Analysis

TSX:MFC-PR-N - Toronto Stock Exchange - CA56501R6766 - Currency: CAD

21.54  +0.13 (+0.61%)

Technical Rating and Analysis

3

Overall MFC-PR-N gets a technical rating of 3 out of 10. In the past year, MFC-PR-N was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

63% of all other stocks performed better in the past year than MFC-PR-N.
MFC-PR-N is one of the lesser performing stocks in the Insurance industry. 88% of 81 stocks in the same industry do better.
Warning: MFC-PR-N has an average volume of 4061 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MFC-PR-N has a been trading in the 20.00 - 21.98 range, which is quite wide. It is currently trading near the high of this range.
MFC-PR-N is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MFC-PR-N is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP / MFC-PR-N Weekly stock chart
MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP / MFC-PR-N Daily stock chart
Setup Rating and Analysis

3

The technical rating of MFC-PR-N is bad and it also does not present a 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.

Support and Resistance Analysis

19.80

23.38

When analyzing the support we notice one important area.

  • A support zone ranging from 20.00 to 20.24. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 21.55 to 22.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.00 to 23.15. 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 IndicatorNEUTRALNEUTRALThe long term trend for MFC-PR-N.CA is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MFC-PR-N.CA is up.
ChartMill Relative Strength37.68NEUTRALMFC-PR-N.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MFC-PR-N.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MFC-PR-N.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of MFC-PR-N.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)52.84NEUTRALThe RSI value for MFC-PR-N.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests MFC-PR-N.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)71.96NEUTRALThe Stochastics value for MFC-PR-N.CA is a neutral value.
Average True Range in percent/ATR (20)0.98LOW VOLATILITYThe low ATR as a percentage value for MFC-PR-N.CA suggests low volalility.
Average Directional Index/ADX (14)22.69NEUTRALThe ADX value for MFC-PR-N.CA suggests a possible start of a new 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 3.675 PERP / MFC-PR-N Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP

TSX:MFC-PR-N (5/23/2025, 7:00:00 PM)

21.54

+0.13 (+0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.61%
1 Week-1.06%
2 Weeks4.06%
1 Month7.65%
3 Month-1.51%
6 Month0.28%
12 Month0.05%
2 Year37.72%
3 Year0.47%
5 Year52.23%
10 Year-10.88%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.98%
ATR Inc87.13%
Range Today0
ADR(20)0.07
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.68
Mansfield-0.17
10 Day High21.98
10 Day Low20.95
20 Day High21.98
20 Day Low20
52 Week High23.17
52 Week Low19.05
CS1 End20.24
CR1 Start21.55
Volume & EV
DER(3)0%
DER(5)0%
Volume1.46K
Volume Incr-64.8%
Vol(5)1.03K
Vol(50)4.06K