Manulife Financial Corp (NYSE:MFC) Dropped -0.9% – Here’s Why

      Comments Off on Manulife Financial Corp (NYSE:MFC) Dropped -0.9% – Here’s Why

After completing its last trading session, Manulife Financial Corp (NYSE:MFC) dropped by -0.9% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To understand this better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.129, an Accumulation/Distribution Index (ADI) of 0.129, an On-Balance Volume (OBV) of 70.974, and a Chaiikin Money Flow (CMF) of 20.56. 2.474

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

That is what an analysis of technical indicators seems to indicate for Manulife Financial Corp (NYSE:MFC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.