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Takip Edin: @UscMarketsMFC Stock Forecast & Manulife Financial Corporation Chart Analysis
This article provides a detailed analysis of MFC-Manulife Financial Corporation stock including a forecast for MFC shares. It features Manulife Financial Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
MFC Historical Data Review
MFC Current Price Performance Analysis
The Manulife Financial Corporation - MFC stock traded on the American stock market, on 06-05-2024, closed at 25.82$ with a %0.04 increased compared to the previous day.
In the last month, the price of MFC changed by %5.65 increased in value, from 24.44 dollars on 05-06-2024 to 25.82 dollars, increased.
Last year, the price of MFC was 19.27 dollars on 06-06-2023, and changed by %33.99 increased in value, to 25.82 dollars increased within a year.
The price of Manulife Financial Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
MFC with AI Stock Forecast & Price Target
On the MFC chart Manulife Financial Corporation price was recorded as 25.82 Dollars on 06/05/2024.
The artificial intelligence's forecast on MFC stock is as follows.
The artificial intelligence's prediction error margin for MFC stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Manulife Financial Corporation stock over the next 4 months is: 23.6 Dollars.
The commentary on MFC stock Target Price: Highest: 25.417 Dollars is predicted.
The commentary on MFC stock Target Price: Lowest: 22.882 Dollars is predicted.
Resistance Price where Manulife Financial Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 24.072 |
| 12-17-2024 | 24.306 |
| 02-25-2025 | 23.352 |
Support Price where Manulife Financial Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 23.125 |
| 11-12-2024 | 22.892 |
| 02-05-2025 | 22.882 |
| 03-27-2025 | 23.012 |
The commentary on MFC stock: The target price can generally be said to be on the decline.
The commentary on MFC stock: Fluctuations in the target price can be expected in the coming days.
The target price for Manulife Financial Corporation stock by the end of 2024 is predicted to be 24.268 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on MFC stock, and the 2024 target price predictions for Manulife Financial Corporation are detailed above.
The technical analysis and charts for the commentary on MFC stock are below.
MFC Support & Resistance and Trend Analysis
MFC stock you have reviewed the technical analysis support resistance charts regarding.
MFC : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the MFC review, the Manulife Financial Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Manulife Financial Corporation Support and Resistance Prices:
| MFC Support Level Price | MFC Resistance Level Price |
|---|---|
| 20.78 | 22.33 |
| 21.54 | 22.82 |
| 22.61 | 24.89 |
| 23.57 | 25.14 |
| 23.58 | 26.81 |
MFC Technical Analysis: SMA, RSI, MACD
Upon reviewing the MFC chart, buy and sell signals have been generated in the Manulife Financial Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for MFC stock are as follows:- The technical analysis for MFC indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Manulife Financial Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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