MFC Technical Signal Analysis
MFC have 4 buy signals and 6 sell signals now. The current trend is uptrend starting from 2025-03-04. The total price change during this trend is -2.67%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of MFC over last 5 trading day is $64,834,786.39
4 Bullish Signal
6 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
15.36
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-109.11
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
14.01
Bullish
Williams %R (14 days)
WILLR_14 < -80
-92.96
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1.18
Bearish
Momentum (10 days)
MOM_10 < 0
-2.36
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.4
Bearish
Closing price
close < fibonacci_S1
28.41
Bearish
Moving Average
Price crosses below 5-day SMA
--
Bearish
Moving Average
Price crosses below 200-day SMA
--
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
15.36
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-109.11
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
14.01
Bullish
Williams %R (14 days)
WILLR_14 < -80
-92.96
Bullish
MFC Support and Resistance Level
The support levels for MFC are at 28.43, 27.62, and 26.32, while the resistance levels are at 31.03, 31.84, and 33.14. With the current stock price at 28.41, it is leaning more toward the support levels.
MFC Technical Analysis
Comprehensive Technical Analysis of MFC Stock
Current Price and Technical Indicators:
- Price: 29.3
- RSI (6, 12, 14): 36.67, 41.92, 42.66
- Stochastic Oscillator (K, D): 21.66, 24.52
- MACD Line, Signal Line, Histogram: -0.15, -0.12, -0.03
- Fibonacci Levels:
- Pivot: 30.16
- Resistance (R1, R2, R3): 31.26, 31.94, 33.05
- Support (S1, S2, S3): 29.05, 28.37, 27.27
- Bollinger Bands:
- %B: 0.28
- Width: 0.83
Analysis:
- RSI: Below 50, indicating bearish momentum but nearing oversold levels.
- Stochastic Oscillator: K < D, both below 20, signaling oversold conditions.
- MACD: Bearish crossover but with weakening downside momentum.
- Fibonacci Levels: Price is near S1 (29.05), suggesting potential support.
- Bollinger Bands: Price is near the lower band, indicating oversold conditions.
Conclusion:
The stock is oversold, with multiple indicators suggesting a potential reversal. Buy MFC at 29.3 with a target of 31.26 (Fibonacci R1).
Recommendation: BUY
MFC FAQs
Which bull technical signals does MFC have?
Which bearish technical signals does MFC have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for MFC stock?
Is MFC a buy based on overall technical signals summary?
MFC Buy or Sell
MFC has 4 buy signals and 6 sell signals now. Overall the technical rating for MFC is Sell.
Sell
Sell
6
Buy
4
MFC Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 28.41 below the SMA_5. In the short term, the stock shows a negative trend with the 28.81 below the SMA_20. In the mid term, the stock shows a negative trend with the 29.9 below the SMA_60. In the long term, the stock shows a positive trend with the 30.2 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about MFC's current trend?What are MFC's key support and resistance levels?