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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

22.29  +0.27 (+1.23%)

Technical Rating and Analysis

7

Taking everything into account, MFC-PR-N scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFC-PR-N is only an average performer.

Warning: MFC-PR-N has an average volume of 3257 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MFC-PR-N 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-N is lagging the market slightly.
When compared to the yearly performance of all other stocks, MFC-PR-N outperforms 60% of them, which is more or less in line with the market.
MFC-PR-N is an average performer in the Insurance industry, it outperforms 69% of 82 stocks in the same industry.
In the last month MFC-PR-N has a been trading in a tight range between 21.41 and 22.34.
Volume is considerably higher 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

Although MFC-PR-N 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

19.80

23.38

3 important support areas can be observed.

  • A support zone ranging from 21.59 to 22.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.44 from a trend line in the weekly time frame.
  • A support zone ranging from 20.00 to 20.00. 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 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 IndicatorUPPOSITIVEThe long term trend for MFC-PR-N.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MFC-PR-N.CA is up.
ChartMill Relative Strength60.55NEUTRALMFC-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)UPPOSITIVEThe current price of MFC-PR-N.CA is above the rising 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)63.37NEUTRALThe RSI value for MFC-PR-N.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests MFC-PR-N.CA has a positive trend.
Stochastics (14,3)81.07OVERBOUGHTThe high Stochastics value suggests MFC-PR-N.CA may be overbought.
Average True Range in percent/ATR (20)0.73LOW VOLATILITYThe low ATR as a percentage value for MFC-PR-N.CA suggests low volalility.
Average Directional Index/ADX (14)18.69NEGATIVEThe low ADX value for MFC-PR-N.CA suggests a weak or negative 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 (6/16/2025, 7:00:00 PM)

22.29

+0.27 (+1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.23%
1 Week0.04%
2 Weeks2.39%
1 Month3.63%
3 Month1.78%
6 Month5.89%
12 Month15.43%
2 Year35.17%
3 Year16.64%
5 Year56.42%
10 Year-1.72%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.73%
ATR Inc64.9%
Range Today0.32
ADR(20)0.07
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.55
Mansfield-0.19
10 Day High22.34
10 Day Low21.68
20 Day High22.34
20 Day Low21.41
52 Week High23.17
52 Week Low19.05
CS1 End22.22
CR1 Start23
Volume & EV
DER(3)102.94%
DER(5)62.2%
Volume4.86K
Volume Incr953.43%
Vol(5)14.10K
Vol(50)3.26K