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MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP (MFC-PR-N.CA) Stock Technical Analysis

TSX:MFC-PR-N - Toronto Stock Exchange - CA56501R6766 - Currency: CAD

22.16  +0.03 (+0.14%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to MFC-PR-N. Both in the recent history as in the last year, MFC-PR-N has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: MFC-PR-N has an average volume of 12472 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, MFC-PR-N did better than 73% of all other stocks.
MFC-PR-N is part of the Insurance industry. There are 85 other stocks in this industry. MFC-PR-N outperforms 77% of them.
MFC-PR-N 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-N slightly outperforms the market at the moment.
In the last month MFC-PR-N has a been trading in a tight range between 21.53 and 22.23.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP / MFC-PR-N Weekly stock chart
MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP / MFC-PR-N Daily stock chart
Setup Rating and Analysis

6

Although MFC-PR-N has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

20.51

23.38

2 important support areas can be observed.

  • A support zone ranging from 21.26 to 22.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.72 to 20.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 23.00 to 23.15. 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
CRS73.81
Mansfield0.12
10 Day High22.23
10 Day Low21.95
20 Day High22.23
20 Day Low21.53
52 Week High23.17
52 Week Low19.05
Performance
1 Week0.73%
2 Weeks0.68%
1 Month1.28%
3 Month6.8%
6 Month1.79%
12 Month15.66%
2 Year35.54%
3 Year-1.07%
5 Year81.49%
10 Year-8.32%
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)0.02
RSI(14)53.3
LBB21.91
UBB22.22
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
22.2421.940.30 (1.35%)25.00%
An entry @22.24. This is a Buy Stop order right above the 10 day high.An exit @21.94. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.30 points, which is 1.35%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%.

  • 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 3.675 PERP / MFC-PR-N Daily stock chart

MANULIFE FINANCIAL CORP - MFCCN 3.675 PERP

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

22.16

+0.03 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.14%
1 Week0.73%
2 Weeks0.68%
1 Month1.28%
3 Month6.8%
6 Month1.79%
12 Month15.66%
2 Year35.54%
3 Year-1.07%
5 Year81.49%
10 Year-8.32%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.61%
ATR Inc14.83%
Range Today0.12
ADR(20)0.1
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.81
Mansfield0.12
10 Day High22.23
10 Day Low21.95
20 Day High22.23
20 Day Low21.53
52 Week High23.17
52 Week Low19.05
CS1 End22.11
CR1 Start23
Volume & EV
DER(3)0%
DER(5)0.72%
Volume968
Volume Incr-26.2%
Vol(5)8.58K
Vol(50)12.47K