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MANULIFE FINANCIAL - MFCCN 4.65 PERP (MFC-PR-B.CA) Stock Technical Analysis

TSX:MFC-PR-B - Toronto Stock Exchange - CA56501R4035 - Currency: CAD

20.74  +0.17 (+0.83%)

Technical Rating and Analysis

3

Overall MFC-PR-B gets a technical rating of 3 out of 10. In the last year, MFC-PR-B was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

MFC-PR-B is one of the lesser performing stocks in the Insurance industry. 88% of 85 stocks in the same industry do better.
Warning: MFC-PR-B has an average volume of 7196 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MFC-PR-B is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MFC-PR-B slightly outperforms the market at the moment.
In the last month MFC-PR-B has a been trading in the 20.23 - 21.55 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, MFC-PR-B outperforms 56% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MANULIFE FINANCIAL - MFCCN 4.65 PERP / MFC-PR-B Weekly stock chart
MANULIFE FINANCIAL - MFCCN 4.65 PERP / MFC-PR-B Daily stock chart
Setup Rating and Analysis

6

MFC-PR-B has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.55, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.10

21.77

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 20.38 to 20.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 19.56 to 19.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.10 from a horizontal line in the daily time frame.
  • Support @18.28 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 20.75 to 21.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.55 to 21.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.97
Mansfield0.07
10 Day High21.55
10 Day Low20.24
20 Day High21.55
20 Day Low20.24
52 Week High21.55
52 Week Low18.12
Performance
1 Week-3.76%
2 Weeks-1.05%
1 Month-1.52%
3 Month2.88%
6 Month0%
12 Month7.63%
2 Year5.28%
3 Year-9.55%
5 Year11.15%
10 Year-15.35%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)46.72
LBB20.39
UBB21.7
MANULIFE FINANCIAL - MFCCN 4.65 PERP / MFC-PR-B Daily stock chart

MANULIFE FINANCIAL - MFCCN 4.65 PERP

TSX:MFC-PR-B (3/7/2025, 7:00:00 PM)

20.74

+0.17 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.83%
1 Week-3.76%
2 Weeks-1.05%
1 Month-1.52%
3 Month2.88%
6 Month0%
12 Month7.63%
2 Year5.28%
3 Year-9.55%
5 Year11.15%
10 Year-15.35%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.26%
ATR Inc-11.11%
Range Today0.1
ADR(20)0.22
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.97
Mansfield0.07
10 Day High21.55
10 Day Low20.24
20 Day High21.55
20 Day Low20.24
52 Week High21.55
52 Week Low18.12
CS1 End20.55
CR1 Start20.75
Volume & EV
DER(3)0%
DER(5)-3.26%
Volume2.02K
Volume Incr182.74%
Vol(5)12.12K
Vol(50)7.20K