MANULIFE FINANCIAL CORP (MFC.CA) Stock Technical Analysis
TSX:MFC - Toronto Stock Exchange - CA56501R1064 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to MFC. In the last year, MFC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MFC is part of the Insurance industry. There are 79 other stocks in this industry. MFC outperforms 74% of them.
In the last month MFC has a been trading in the 41.14 - 43.61 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MFC has an average volume of 7382930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, MFC outperforms 58% of them, which is more or less in line with the market.
MFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFC is lagging the market.
MFC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 43.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
38.55
46.82
2 important support areas can be observed.
- A support zone ranging from 41.94 to 42.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.94 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.54 to 43.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 45.06 to 45.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 46.05 to 46.36. 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 | NEUTRAL | NEUTRAL | The long term trend for MFC.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFC.CA is neutral. |
| ChartMill Relative Strength | 58.28 | NEUTRAL | MFC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MFC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MFC.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for MFC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MFC.CA has a positive trend. |
| Stochastics (14,3) | 52.61 | NEUTRAL | The Stochastics value for MFC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for MFC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.9 | NEGATIVE | The low ADX value for MFC.CA suggests a weak or negative 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)
TSX:MFC (8/6/2025, 7:00:00 PM)
43
+0.58 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.37%
1 Week-0.81%
2 Weeks2.65%
1 Month3.02%
3 Month0.28%
6 Month-0.14%
12 Month24.85%
2 Year72.14%
3 Year89.26%
5 Year123.49%
10 Year101.12%
15 Year262.26%
Volatility
ATR(14)0.72
ATR(20)%1.54%
ATR Inc8.53%
Range Today0.77
ADR(20)0.62
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.28
Mansfield-0.61
10 Day High43.61
10 Day Low41.71
20 Day High43.61
20 Day Low41.14
52 Week High46.42
52 Week Low34.28
CS1 End42.83
CR1 Start43.54
Volume & EV
DER(3)-0.74%
DER(5)-0.9%
Volume9.91M
Volume Incr57.95%
Vol(5)7.88M
Vol(50)7.38M