SUN LIFE FINANCIAL INC (SLF) Technical Analysis
NYSE:SLF • CA8667961053
Current stock price
SLF Technical Rating and Analysis
Overall SLF gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SLF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SLF did better than 73% of all other stocks.
- SLF is part of the Insurance industry. There are 147 other stocks in this industry. SLF outperforms 90% of them.
- A new 52 week high is currently being made by SLF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SLF has a been trading in the 63.12 - 72.83 range, which is quite wide. It is currently trading near the high of this range.
SLF Weekly and Daily overview Charts
SLF Setup Rating and Analysis
SLF has an excellent technical rating, but the quality of the setup is only medium 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
SLF Support and Resistance Analysis
55.04
We found 4 important support areas.
- A support zone ranging from 70.51 to 71.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 62.40 to 62.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.54 from a horizontal line in the daily time frame.
- Support @55.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 72.33 to 72.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
SLF 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SLF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SLF is up. |
| ChartMill Relative Strength | 73.2 | POSITIVE | SLF has a high relative strength, it outperformed 73.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SLF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SLF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.44 | OVERBOUGHT | The high RSI value suggests SLF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SLF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.13 | OVERBOUGHT | The high Stochastics value suggests SLF may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for SLF suggests low volalility. |
| Average Directional Index/ADX (14) | 30.96 | POSITIVE | The high ADX value value for SLF suggests a strong trend. |
SLF Chart- and CandleStick Pattern Analysis
SLF Technicals: Chart, Performance Metrics, Trend & Indicators
72.32
+0.24 (+0.33%)
SUN LIFE FINANCIAL INC / SLF TA FAQ
What is the technical rating for SLF stock?
ChartMill assigns a technical rating of 9 / 10 to SLF.
Can you provide the trend direction for SUN LIFE FINANCIAL INC?
The current trend direction for SUN LIFE FINANCIAL INC (SLF) is Bullish.
Can you provide the RSI signal for SUN LIFE FINANCIAL INC?
SUN LIFE FINANCIAL INC (SLF) has an RSI value of 73.4393. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SUN LIFE FINANCIAL INC?
The MACD indicator for SUN LIFE FINANCIAL INC (SLF) has a value of 0.215574, indicating a bearish trend.
What is the buy/sell signal for SUN LIFE FINANCIAL INC (SLF) stock?
The buy/sell signal for SUN LIFE FINANCIAL INC (SLF) is buy as both the short term and long term trends are positive.