MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP (MFC-PR-L.CA) Stock Technical Analysis
TSX:MFC-PR-L - Toronto Stock Exchange - CA56501R7269 - Currency: CAD
Overall MFC-PR-L gets a technical rating of 6 out of 10. MFC-PR-L has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: MFC-PR-L has an average volume of 6401 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that MFC-PR-L is one of the better performing stocks in the market, outperforming 70% of all stocks.
MFC-PR-L is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
MFC-PR-L is an average performer in the Insurance industry, it outperforms 65% of 85 stocks in the same industry.
In the last month MFC-PR-L has a been trading in a tight range between 22.90 and 23.45.
Considerably lower volume is observed in the last couple of days.
MFC-PR-L has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
22.28
23.69
We found 1 important support area.
- A support zone ranging from 22.50 to 22.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.13 to 23.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.9
Mansfield-0.27
10 Day High23.45
10 Day Low23.02
20 Day High23.45
20 Day Low22.9
52 Week High23.7
52 Week Low0
Performance
1 Week0.39%
2 Weeks-0.22%
1 Month0.52%
3 Month1.45%
6 Month-1.15%
12 Month17.9%
2 Year39.28%
3 Year5.33%
5 Year95.93%
10 Year-3.3%
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)0.01
RSI(14)48.67
LBB22.92
UBB23.46
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 |
|---|---|---|---|
| 23.25 | 23.01 | 0.24 (1.03%) | 25.00% |
| An entry @23.25. This is a Buy Stop order right above the 10 day moving average. | An exit @23.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 1.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- The distance between exit and entry is rather small compared to the average daily movement of MFC-PR-L. 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.
MANULIFE FINANCIAL CORP - MFCCN 5.775 PERP
TSX:MFC-PR-L (3/5/2025, 7:00:00 PM)
23.12
-0.17 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.73%
1 Week0.39%
2 Weeks-0.22%
1 Month0.52%
3 Month1.45%
6 Month-1.15%
12 Month17.9%
2 Year39.28%
3 Year5.33%
5 Year95.93%
10 Year-3.3%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.77%
ATR Inc15.68%
Range Today0
ADR(20)0.14
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.9
Mansfield-0.27
10 Day High23.45
10 Day Low23.02
20 Day High23.45
20 Day Low22.9
52 Week High23.7
52 Week Low0
CS1 End22.65
CR1 Start23.13
Volume & EV
DER(3)1.1%
DER(5)0.66%
Volume1.40K
Volume Incr-82.81%
Vol(5)1.29K
Vol(50)6.40K