SUN LIFE FINANCIAL INC (SLF) Stock Technical Analysis
NYSE:SLF - New York Stock Exchange, Inc. - CA8667961053 - Common Stock - Currency: USD
Taking everything into account, SLF scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SLF did better than 87% of all other stocks. On top of that, SLF also shows a nice and consistent pattern of rising prices.
SLF is one of the better performing stocks in the Insurance industry, it outperforms 83% of 143 stocks in the same industry.
SLF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SLF is leading the market.
In the last month SLF has a been trading in a tight range between 62.79 and 65.56.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SLF also presents 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 support zone below the current price at 64.06, a Stop Loss order could be placed below this zone.
More info and screens
51.60
65.94
When analyzing the support we can see 4 important areas.
- A support zone ranging from 64.06 to 64.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.48 from a trend line in the weekly time frame.
- A support zone ranging from 54.55 to 54.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.44 to 65.29. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 87.22 | POSITIVE | SLF has a high relative strength, it outperformed 87.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SLF is below 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) | 55.17 | NEUTRAL | The RSI value for SLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests SLF has a negative trend. |
| Stochastics (14,3) | 34.62 | NEUTRAL | The Stochastics value for SLF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for SLF suggests low volalility. |
| Average Directional Index/ADX (14) | 35.95 | POSITIVE | The high ADX value value for SLF suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.74 | 64.05 | 0.69 (1.07%) | 25.00% |
| An entry @64.74. This is a Buy Stop order right above the 10 day moving average. | An exit @64.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 1.07%. | For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SLF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
64.07
-0.18 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.28%
1 Week-0.97%
2 Weeks-1.14%
1 Month0.95%
3 Month14%
6 Month8.74%
12 Month32.18%
2 Year22.93%
3 Year39.86%
5 Year74.34%
10 Year91.83%
15 Year143.52%
Volatility
ATR(14)0.74
ATR(20)%1.23%
ATR Inc0.7%
Range Today0.64
ADR(20)0.73
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.22
Mansfield0.78
10 Day High65.56
10 Day Low63.81
20 Day High65.56
20 Day Low62.79
52 Week High65.56
52 Week Low46.41
CS1 End64.06
CR1 Start64.44
Volume & EV
DER(3)-2.03%
DER(5)0.89%
Volume300.80K
Volume Incr-64.59%
Vol(5)340.92K
Vol(50)656.31K