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Manulife Financial Shares Up 25.0% Since SmarTrend's Buy Recommendation (MFC)

By James Quinn

SmarTrend identified an Uptrend for Manulife Financial (NYSE:MFC) on September 22nd, 2016 at $14.38. In approximately 6 months, Manulife Financial has returned 25.01% as of today's recent price of $17.97.

In the past 52 weeks, Manulife Financial share prices have been bracketed by a low of $10.99 and a high of $19.61 and are now at $17.97, 64% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 0.5%.

Manulife Financial Corporation provides financial protection products and investment management services to individuals, families, businesses, and groups. The Company conducts operations in Canada, the United States, and Japan, as well as reinsurance operations on a global basis. Manulife offers products such as annuities, pension products, life insurance, health insurance, and mutual funds.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Manulife Financial shares.

Log in and add Manulife Financial (MFC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Manulife Financial

Ticker(s): MFC