Stock Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
MANULIFE FINANCIAL CORP PR (TSE:MFC.PR.R)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MFC.PR.R
The long term trend has been UP since Apr 23rd, 2018 at 26.34
The intermediate term trend has been UP since Mar 16th, 2018 at 25.89
The short term trend has been DOWN since May 14th, 2018 at 26.11
Smart Scan Analysis for MFC.PR.R
Based on a pre-defined weighted trend formula for chart analysis, MFC.PR.R scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.39||Year High Date||2018-04-23|
|Year Low||25.5||Year Low Date||2018-02-27|
|52wk High||26.57||52wk High Date||2017-11-17|
|52wk Low||25.18||52wk Low Date||2017-12-08|