SUN LIFE FINANCIAL INC (SLF) Stock Technical Analysis
NYSE:SLF - New York Stock Exchange, Inc. - CA8667961053 - Common Stock - Currency: USD
Overall SLF gets a technical rating of 1 out of 10. SLF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SLF is part of the Insurance industry. There are 143 other stocks in this industry. SLF outperforms 79% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, SLF outperforms 69% of them, which is more or less in line with the market.
SLF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SLF is lagging the market.
In the last month SLF has a been trading in a tight range between 59.88 and 63.12.
Although the technical rating is bad, SLF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
52.19
67.11
We found 5 important support areas.
- Support @60.39 from a trend line in the daily time frame.
- Support @57.76 from a trend line in the weekly time frame.
- Support @55.60 from a horizontal line in the weekly time frame.
- Support @54.45 from a horizontal line in the weekly time frame.
- A support zone ranging from 52.72 to 53.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 61.56 to 62.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.29 to 66.45. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SLF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLF is down. |
| ChartMill Relative Strength | 69.04 | NEUTRAL | SLF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLF is below a declining 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) | 39.02 | NEUTRAL | The RSI value for SLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SLF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.54 | NEUTRAL | The Stochastics value for SLF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for SLF suggests low volalility. |
| Average Directional Index/ADX (14) | 35 | 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)
60.72
-0.41 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.67%
1 Week-2.13%
2 Weeks-2.93%
1 Month-2.33%
3 Month-2.29%
6 Month2.58%
12 Month26.26%
2 Year24.48%
3 Year37.78%
5 Year45.37%
10 Year90.52%
15 Year159.16%
Volatility
ATR(14)0.81
ATR(20)%1.36%
ATR Inc-26.18%
Range Today0.5
ADR(20)0.8
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.04
Mansfield-0.41
10 Day High63.12
10 Day Low59.88
20 Day High63.12
20 Day Low59.88
52 Week High66.81
52 Week Low47.87
CS1 End60.39
CR1 Start61.56
Volume & EV
DER(3)1.24%
DER(5)0.71%
Volume798.90K
Volume Incr-28.99%
Vol(5)528.84K
Vol(50)720.69K