MANULIFE FINANCIAL CORP (MFC)

CA56501R1064 - Common Stock

25.81  +0.14 (+0.55%)

After market: 25.81 0 (0%)

Technical Rating and Analysis

6

Overall MFC gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month MFC has a been trading in the 25.60 - 27.51 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MFC is one of the better performing stocks in the market, outperforming 84% of all stocks.
MFC is part of the Insurance industry. There are 141 other stocks in this industry. MFC outperforms 74% of them.
MFC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MFC is performing more or less in line with the market.
MFC has an average volume of 2143570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
MFC Weekly chart
MFC Daily chart
Setup Rating and Analysis

3

MFC has an average technical rating and it also does not offer a high 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

17.32

27.46

6 important support areas can be observed.

  • Support @24.79 from a trend line in the daily time frame.
  • Support @23.71 from a trend line in the daily time frame.
  • A support zone ranging from 22.78 to 23.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @22.20 from a horizontal line in the daily time frame.
  • Support @18.22 from a trend line in the weekly time frame.
  • Support @17.49 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 26.20 to 26.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 27.14 to 27.19. This zone is formed by a combination of multiple trend lines 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
CRS84.87
Mansfield0.56
10 Day High27.51
10 Day Low25.6
20 Day High27.51
20 Day Low25.6
52 Week High27.51
52 Week Low17.07
Performance
1 Week-1.26%
2 Weeks-5.08%
1 Month-0.31%
3 Month9.97%
6 Month18.12%
12 Month29.83%
2 Year40.88%
3 Year33.52%
5 Year42.75%
10 Year26.46%
15 Year6.17%
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)-0.16
RSI(14)42.64
LBB25.49
UBB27.61
MFC Daily chart

MANULIFE FINANCIAL CORP

NYSE:MFC (7/25/2024, 7:04:00 PM)

After market: 25.81 0 (0%)

25.81

+0.14 (+0.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.55%
1 Week-1.26%
2 Weeks-5.08%
1 Month-0.31%
3 Month9.97%
6 Month18.12%
12 Month29.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%1.68%
ATR Inc
Range Today0.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High27.51
10 Day Low25.6
20 Day High27.51
20 Day Low25.6
52 Week High27.51
52 Week Low17.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.40M
Volume Incr-24.93%
Vol(5)1.40M
Vol(50)2.14M