Canada - TSX:MFC - CA56501R1064 - Common Stock
We assign a technical rating of 8 out of 10 to MFC. Although MFC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, MFC also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 44.37, a Stop Loss order could be placed below this zone.
38.55
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | UP | POSITIVE | The long term trend for MFC.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFC.CA is up. |
ChartMill Relative Strength | 41.58 | 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) | UP | POSITIVE | The current price of MFC.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFC.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for MFC.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MFC.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 76.76 | NEUTRAL | The Stochastics value for MFC.CA is a neutral value. |
Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for MFC.CA suggests low volalility. |
Average Directional Index/ADX (14) | 28.81 | POSITIVE | The high ADX value value for MFC.CA suggests a strong trend. |
TSX:MFC (10/16/2025, 7:00:00 PM)
44.5
-0.67 (-1.48%)