MANULIFE FINANCIAL CORP (MFC)

CA56501R1064 - Common Stock

30.33  +0.25 (+0.83%)

After market: 30.33 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, MFC scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month MFC has a been trading in the 29.58 - 32.87 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MFC is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, MFC also shows a nice and consistent pattern of rising prices.
MFC is part of the Insurance industry. There are 141 other stocks in this industry. MFC outperforms 82% of them.
MFC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MFC is performing more or less in line with the market.
MFC has an average volume of 2034520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
MFC Weekly chart
MFC Daily chart
Setup Rating and Analysis

3

Although MFC has an excellent technical rating, it 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.

Support and Resistance Analysis

25.51

33.20

5 important support areas can be observed.

  • Support @30.32 from a horizontal line in the weekly time frame.
  • Support @29.70 from a horizontal line in the daily time frame.
  • Support @28.54 from a trend line in the weekly time frame.
  • Support @26.97 from a trend line in the weekly time frame.
  • Support @25.77 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 30.64 to 31.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 32.66 to 32.87. 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
CRS85.21
Mansfield0.52
10 Day High32.56
10 Day Low29.58
20 Day High32.87
20 Day Low29.58
52 Week High33.07
52 Week Low20.78
Performance
1 Week-1.94%
2 Weeks-6.39%
1 Month-7.19%
3 Month5.42%
6 Month18.06%
12 Month38.49%
2 Year70.01%
3 Year59.05%
5 Year49.48%
10 Year58.88%
15 Year65.38%
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)-0.26
RSI(14)39.84
LBB29.54
UBB33.01
MFC Daily chart

MANULIFE FINANCIAL CORP

NYSE:MFC (12/20/2024, 8:24:08 PM)

After market: 30.33 0 (0%)

30.33

+0.25 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.83%
1 Week-1.94%
2 Weeks-6.39%
1 Month-7.19%
3 Month5.42%
6 Month18.06%
12 Month38.49%
2 Year70.01%
3 Year59.05%
5 Year49.48%
10 Year58.88%
15 Year65.38%
Volatility
ATR(14)0.57
ATR(20)%1.77%
ATR Inc52.1%
Range Today0.84
ADR(20)0.52
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
Mansfield0.52
10 Day High32.56
10 Day Low29.58
20 Day High32.87
20 Day Low29.58
52 Week High33.07
52 Week Low20.78
CS1 End30.32
CR1 Start30.64
Volume & EV
DER(3)-2.14%
DER(5)-1.3%
Volume4.05M
Volume Incr-19.94%
Vol(5)2.10M
Vol(50)2.03M