MFC technical analysis

MFC Technical Analysis

Analysis date

July 15, 2026

Market

NYSE (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

MFC Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
MFC
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)41.42July 14, 2026-Verified
Finviz (independent)41.42July 14, 2026 (previous close)0.00%Verified

Bottom line

MFC Technical Analysis Summary

MFC (Manulife Financial) shows a solid uptrend across both daily and weekly timeframes. On the daily chart, price at 41.42 is above SMA20 (40.23, +2.96%), SMA50 (39.55, +4.73%), and SMA200 (37.41, +10.72%), indicating a well-established bullish trend. RSI14 at 61.15 on the daily chart shows strong bullish momentum without entering overbought territory. The daily MACD is positive with the MACD line at 0.99 above the signal line at 0.90, and the histogram at 0.09 confirms continued upward momentum. The weekly timeframe reinforces the bullish picture with price at 41.29 comfortably above all key SMAs and RSI at 60.49. Key resistance lies at 42.00 (round number) and the 52-week high of 42.99. Support rests at 39.46 (20-day low) and SMA50 at 39.55 as dynamic support. A sustained move below 39.46 would be needed to question the current uptrend.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Bullish and well-established. Price at 41.42 is above SMA20 (40.23, +2.96%), SMA50 (39.55, +4.73%), and SMA200 (37.41, +10.72%). All three key moving averages are sloping upward with the SMA20 above SMA50, confirming a healthy uptrend structure. The price is trading near the upper end of its recent range, approaching the 52-week high of 42.99.
Momentum
Bullish with room to run. RSI14 at 61.15 is above the 50 midline, indicating solid bullish momentum without reaching overbought levels. MACD line at 0.99 is above the signal line at 0.90, and the histogram at 0.09 is positive, confirming ongoing bullish momentum. The MACD is in bullish territory and the spread between MACD and signal line remains healthy.
Volatility
Moderate. ATR14 at 0.67 (1.62% of price) suggests average daily movement of about 1.6%, typical for a large-cap financial stock. Bollinger Bands (38.33 to 42.22) show price near the upper band, consistent with the current uptrend. Band width is moderate, indicating normal volatility conditions.
Volume
Near average. Latest volume of 5,120,400 is 103.7% of the 20-period average (4,938,100), indicating typical participation levels. Volume has been steady during the recent advance, providing reasonable confirmation of the trend.

Assessment

The daily chart presents a clear bullish picture for MFC. Price is in a well-defined uptrend above all major moving averages, with moving averages aligned bullishly (SMA20 > SMA50 > SMA200). RSI at 61.15 indicates healthy momentum without overbought risk. The MACD is firmly in bullish territory. The stock is approaching its 52-week high of 42.99, and a break above this level would be a significant technical development. The 52-week position at 95.6% reflects the stock is trading in the upper decile of its annual range. Key levels to watch are 42.00 (near-term psychological resistance) and the all-time high zone near 43.00.

Weekly (July 6, 2026 week)

Trend
Strongly bullish. Price at 41.29 is above SMA20 (38.97), SMA50 (36.42), and SMA200 (31.51) by healthy margins of 5.95%, 13.37%, and 31.04% respectively. All weekly SMAs are sloping upward, confirming a multi-year uptrend. The SMA200 at 31.51 shows the structural long-term uptrend is firmly intact.
Momentum
Bullish and sustained. RSI14 at 60.49 is comfortably above the 50 midline, indicating consistent bullish momentum at the weekly level. MACD line at 1.57 is above the signal line at 1.36, with a positive histogram at 0.21, confirming that bullish momentum is sustained on the weekly timeframe without signs of exhaustion.
Volatility
Moderate. ATR14 at 1.32 (3.20% of price) reflects typical weekly ranges for a large-cap insurance stock. Bollinger Bands (35.20 to 42.96) are moderately wide with price trading near the upper band, consistent with the ongoing uptrend.
Volume
Slightly below average. Weekly volume of 23,981,400 is 91.2% of the 20-week average (26,291,500), indicating normal participation. No unusual volume patterns or distribution signs.

Assessment

The weekly chart strongly supports the bullish view. MFC has been in a structural uptrend for years as confirmed by price well above SMA200. The rate of ascent has been measured and sustainable, with RSI oscillating in the 50-70 range without becoming overextended. The stock has shown resilience, maintaining higher time-frame support levels. A weekly close above 42.99 (52-week high) would open the path to new all-time highs and likely attract further momentum buying. Current positioning suggests the path of least resistance remains upward.

Key indicators

MFC Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)61.1560.49
MACD (12, 26, 9)0.99 / 0.90 / 0.091.57 / 1.36 / 0.21
ATR (14)0.67 (1.62%)1.32 (3.20%)
Bollinger Bands (20, 2)38.33 - 42.2235.20 - 42.96
SMA (20)40.2338.97
SMA (50)39.5536.42
SMA (200)37.4131.51

Price structure

MFC Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price41.4241.29
1-Period Return+0.78%+0.53%
5-Period Return+1.72%+3.43%
20-Period Return+4.54%+8.47%
60-Period Return+12.43%+18.27%
252-Period Return+33.82%+33.82%
52-Week Low31.5931.59
52-Week High42.9942.99
52-Week Position95.61%94.91%

Key levels

MFC Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High42.1142.96
20-Period Low39.4638.85
60-Period High42.9942.99
60-Period Low31.5931.59

Scenarios

MFC Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 52-week high at 42.99 with above-average volume, establishing a new all-time high and confirming trend continuation.

Invalidation

Price fails to hold above SMA20 (40.23) and breaks below the 20-day low at 39.46, suggesting a potential trend reversal.

What to watch

Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI staying above 55; volume confirming break above 42.99; strength in Canadian financial sector.

Range-Bound

Trigger

Price oscillates between the 20-day low support (39.46) and 52-week high resistance (42.99) with no clear directional breakout.

Invalidation

A decisive break above 42.99 or below 39.46 with increasing volume.

What to watch

RSI staying between 50 and 65; MACD histogram fluctuating near zero; volume declining; improving or deteriorating sector conditions.

Bearish

Trigger

Price breaks below SMA50 support (39.55) and the 20-day low at 39.46, reversing the short-term uptrend and potentially testing SMA200 (37.41).

Invalidation

Price reclaims and holds above SMA20 (40.23) and establishes a higher low above the 20-day low.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; broader market weakness; rising Canadian bond yields pressuring insurance stocks.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.