Logo image of MFC

MANULIFE FINANCIAL CORP (MFC) Stock Technical Analysis

NYSE:MFC - New York Stock Exchange, Inc. - CA56501R1064 - Common Stock - Currency: USD

29.91  -0.62 (-2.03%)

After market: 29.9311 +0.02 (+0.07%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to MFC. In the last year, MFC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

When comparing the yearly performance of all stocks, we notice that MFC is one of the better performing stocks in the market, outperforming 80% 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 144 other stocks in this industry. MFC outperforms 79% of them.
MFC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MFC is lagging the market slightly.
MFC has an average volume of 2054590 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.
In the last month MFC has a been trading in the 29.41 - 31.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MANULIFE FINANCIAL CORP / MFC Weekly stock chart
MANULIFE FINANCIAL CORP / MFC Daily stock chart
Setup Rating and Analysis

6

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 29.79, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

25.31

33.20

We found 3 important support areas.

  • A support zone ranging from 29.21 to 29.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @27.63 from a trend line in the weekly time frame.
  • Support @25.57 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 30.19 to 31.06. 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
CRS80.34
Mansfield0.06
10 Day High31.11
10 Day Low29.89
20 Day High31.25
20 Day Low29.41
52 Week High33.07
52 Week Low21.54
Performance
1 Week-2.13%
2 Weeks-2.98%
1 Month-2.61%
3 Month1.49%
6 Month20.9%
12 Month36.76%
2 Year51.06%
3 Year43.66%
5 Year53.62%
10 Year86.01%
15 Year63.09%
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
RSI(14)41.11
LBB29.64
UBB31.13
MANULIFE FINANCIAL CORP / MFC Daily stock chart

MANULIFE FINANCIAL CORP

NYSE:MFC (1/31/2025, 8:04:00 PM)

After market: 29.9311 +0.02 (+0.07%)

29.91

-0.62 (-2.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-2.03%
1 Week-2.13%
2 Weeks-2.98%
1 Month-2.61%
3 Month1.49%
6 Month20.9%
12 Month36.76%
2 Year51.06%
3 Year43.66%
5 Year53.62%
10 Year86.01%
15 Year63.09%
Volatility
ATR(14)0.49
ATR(20)%1.73%
ATR Inc12.33%
Range Today0.68
ADR(20)0.48
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.34
Mansfield0.06
10 Day High31.11
10 Day Low29.89
20 Day High31.25
20 Day Low29.41
52 Week High33.07
52 Week Low21.54
CS1 End29.79
CR1 Start30.19
Volume & EV
DER(3)-1.77%
DER(5)-1.66%
Volume1.60M
Volume Incr58.42%
Vol(5)2.24M
Vol(50)2.05M