MANULIFE FINANCIAL CORP (MFC)
CA56501R1064 - Common Stock
We assign a technical rating of 4 out of 10 to MFC. MFC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month MFC has a been trading in the 22.61 - 25.14 range, which is quite wide. It is currently trading near the lows of this range.
MFC is part of the Insurance industry. There are 140 other stocks in this industry. MFC outperforms 70% 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 3360110 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.
Looking at the yearly performance, MFC did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
MFC has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
17.32
25.24
We found 4 important support areas.
- A support zone ranging from 22.78 to 23.06. 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 @17.83 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 one important area.
- A resistance zone ranging from 24.79 to 24.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.73
Mansfield0.51
10 Day High24.82
10 Day Low22.61
20 Day High25.14
20 Day Low22.61
52 Week High25.14
52 Week Low17.07
Performance
1 Week-0.52%
2 Weeks-5.41%
1 Month-5.06%
3 Month8.82%
6 Month32.43%
12 Month19.22%
2 Year17.94%
3 Year5.58%
5 Year25.31%
10 Year23.04%
15 Year34.91%
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)-0.19
RSI(14)38.4
LBB22.3
UBB25.21
MANULIFE FINANCIAL CORP
NYSE:MFC (4/19/2024, 7:04:00 PM)
After market: 23.01 -0.06 (-0.26%)23.07
+0.14 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.61%
1 Week-0.52%
2 Weeks-5.41%
1 Month-5.06%
3 Month8.82%
6 Month32.43%
12 Month19.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%2.09%
ATR Inc
Range Today0.34
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 High24.82
10 Day Low22.61
20 Day High25.14
20 Day Low22.61
52 Week High25.14
52 Week Low17.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.36M
Volume Incr-30.73%
Vol(5)2.14M
Vol(50)3.36M