SUN LIFE FINANCIAL INC (SLF) Stock Technical Analysis
NYSE:SLF - CA8667961053 - Common Stock
58.43 USD
+0.2 (+0.34%)
58.43 USD
0 (0%)
Taking everything into account, SLF scores 0 out of 10 in our technical rating. SLF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SLF is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month SLF has a been trading in the 56.22 - 62.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SLF is part of the Insurance industry. There are 145 other stocks in this industry, SLF did better than 48% of them.
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.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SLF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 57.10, a Stop Loss order could be placed below this zone.
More info and screens
52.44
67.11
4 important support areas can be observed.
- A support zone ranging from 57.02 to 57.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 52.97 to 53.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 58.71 to 58.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @62.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 65.94 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 | DOWN | NEGATIVE | The long term trend for SLF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SLF is down. |
| ChartMill Relative Strength | 28.79 | NEGATIVE | SLF has a low relative strength, it was outperformed by 71.21% off all stocks 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) | DOWN | NEGATIVE | The current price of SLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.95 | NEUTRAL | The RSI value for SLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SLF has a positive trend. |
| Stochastics (14,3) | 48.63 | NEUTRAL | The Stochastics value for SLF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for SLF suggests low volalility. |
| Average Directional Index/ADX (14) | 34.88 | 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)
58.43
+0.2 (+0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.34%
1 Week-0.81%
2 Weeks0.6%
1 Month-3.21%
3 Month-9.62%
6 Month5.18%
12 Month7.17%
2 Year19.78%
3 Year32.58%
5 Year39.89%
10 Year83.34%
15 Year149.38%
Volatility
ATR(14)0.72
ATR(20)%1.68%
ATR Inc-41%
Range Today0.48
ADR(20)0.87
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.79
Mansfield-0.98
10 Day High59.51
10 Day Low57.39
20 Day High62
20 Day Low56.22
52 Week High66.81
52 Week Low52.44
CS1 End57.1
CR1 Start58.71
Volume & EV
DER(3)-0.7%
DER(5)-1.66%
Volume493.60K
Volume Incr62.82%
Vol(5)1.16M
Vol(50)753.12K