MANULIFE FINANCIAL CORP (MFC) Stock Technical Analysis
NYSE:MFC - New York Stock Exchange, Inc. - CA56501R1064 - Common Stock - Currency: USD
Overall MFC gets a technical rating of 6 out of 10. MFC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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 is one of the better performing stocks in the market, outperforming 84% of all stocks.
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 2104090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MFC is part of the Insurance industry. There are 143 other stocks in this industry, MFC did better than 69% of them.
In the last month MFC has a been trading in the 28.10 - 32.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MFC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 30.62, a Stop Loss order could be placed below this zone.
More info and screens
28.92
33.20
When analyzing the support we notice one important area.
- A support zone ranging from 29.21 to 30.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.55 to 32.87. This zone is formed by a combination of multiple trend lines 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
CRS84.27
Mansfield0.54
10 Day High32.43
10 Day Low29.44
20 Day High32.43
20 Day Low28.1
52 Week High33.07
52 Week Low22.61
Performance
1 Week1.63%
2 Weeks3.13%
1 Month2.37%
3 Month-5.49%
6 Month13.16%
12 Month28.98%
2 Year66.78%
3 Year43.42%
5 Year144.18%
10 Year80.01%
15 Year55.51%
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)0.11
RSI(14)52.1
LBB29.03
UBB31.64
30.62
-0.54 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.73%
1 Week1.63%
2 Weeks3.13%
1 Month2.37%
3 Month-5.49%
6 Month13.16%
12 Month28.98%
2 Year66.78%
3 Year43.42%
5 Year144.18%
10 Year80.01%
15 Year55.51%
Volatility
ATR(14)0.82
ATR(20)%2.5%
ATR Inc20.22%
Range Today1.25
ADR(20)0.66
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.27
Mansfield0.54
10 Day High32.43
10 Day Low29.44
20 Day High32.43
20 Day Low28.1
52 Week High33.07
52 Week Low22.61
CS1 End30.62
CR1 Start32.55
Volume & EV
DER(3)2.36%
DER(5)1.61%
Volume6.54M
Volume Incr45.45%
Vol(5)3.60M
Vol(50)2.10M