SUN LIFE FINANCIAL INC (SLF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SLF - CA8667961053 - Common Stock
We assign a technical rating of 4 out of 10 to SLF. In the past year, SLF was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
SLF has an average technical rating and it also does not offer a high quality setup 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
53.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 57.81 to 60.07. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- Support @54.45 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @62.57 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for SLF is neutral. |
| ChartMill Relative Strength | 50.04 | NEUTRAL | SLF is not amongst the best or worst performers 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) | 58.78 | NEUTRAL | The RSI value for SLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests SLF has a positive trend. |
| Stochastics (14,3) | 81.52 | OVERBOUGHT | The high Stochastics value suggests SLF may be overbought. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for SLF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for SLF suggests a weak or negative trend. |
60.41
+0.7 (+1.17%)
SUN LIFE FINANCIAL INC / SLF FAQ
What is the ChartMill technical rating of SUN LIFE FINANCIAL INC (SLF) stock?
ChartMill assigns a technical rating of 4 / 10 to SLF.
What is the trend direction for SLF stock?
The current trend direction for SUN LIFE FINANCIAL INC (SLF) is Bearish.
What is the RSI signal for SUN LIFE FINANCIAL INC (SLF) stock?
SUN LIFE FINANCIAL INC (SLF) has an RSI value of 58.7819. This indicates that the stock is currently neutral.
What is the short term momentum for SUN LIFE FINANCIAL INC (SLF) stock?
The short term momentum for SUN LIFE FINANCIAL INC (SLF) is neutral.