MFC NEWS why is Manulife Financial Corp price falling or rising

MFC NEWS reasons for why stock price of Manulife Financial Corp is falling or rising

MFC Manulife Financial is falling or rising technical reasons

Technical analysis forecast of Manulife Financial Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Manulife Financial MFC at this time. Stock is rising and might rise more.

It appears as if Manulife Financial MFC gave a large move recently.

Stock of Manulife Financial (MFC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Manulife Financial is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Manulife Financial stays above 27.1, but if it comes below 27.1, then a intra day sell could be more profitable.
If you take a sell trade below 27.1, then use 27.1 as stoploss and 26.55 as target. However if you take a buy trade in Manulife Financial, then use 27.1 as stoploss and 27.8 as target.

MFC Manulife Financial is falling or rising NEWS fundamental reasons

More announcements and NEWS

MFC Manulife Financial Corp current price & indicator signals

Moving Averages for Manulife Financial Corp

  • 5Day Average: 27.09
  • 12Day Average: 26.8
  • 20Day Average: 26.41
  • 50Day Average: 26.01
  • 100Day Average: 24.96
  • 150Day Average: 24.01
  • 200Day Average: 22.68

MFC Indicators & signals

Indicator MACD (12,26,9)

26.79, 26.41, 0.33
Indicator MACD is in positive zone

Indicator ADX (14)

26.32, 27.27, 15.91
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MFC Manulife Financial Corp are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Fri Jul 2024 27.14 27.13 to 27.51 -0.18% 1.39 times
11 Thu Jul 2024 27.19 27.18 to 27.46 0.07% 1.08 times
10 Wed Jul 2024 27.17 27.01 to 27.24 0.85% 1.14 times
09 Tue Jul 2024 26.94 26.93 to 27.27 -0.19% 1.07 times
08 Mon Jul 2024 26.99 26.74 to 27.08 1.31% 1.18 times
05 Fri Jul 2024 26.64 26.64 to 27.03 -0.71% 1.06 times
03 Wed Jul 2024 26.83 26.57 to 26.97 0% 0.66 times
03 Wed Jul 2024 26.83 26.57 to 26.97 1.51% 0.66 times
02 Tue Jul 2024 26.43 26.11 to 26.58 0.49% 1.09 times
01 Mon Jul 2024 26.30 26.19 to 26.89 -1.2% 0.73 times
28 Fri Jun 2024 26.62 26.50 to 26.77 0.45% 1.33 times
27 Thu Jun 2024 26.50 25.81 to 26.51 2.36% 1.92 times

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MFC NEWS why is Manulife Financial Corp price falling or rising

 

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