Technical Analysis for MFR.UN - Manulife Floating Rate Senior Loan Fund

Grade Last Price % Change Price Change
grade C 7.61 0.00% 0.000
MFR.UN closed unchanged on Friday, January 18, 2019, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Flat Up
See historical MFR.UN trend table...

Date Alert Name Type % Chg
Jan 18 Shooting Star Candlestick Bearish 0.00%
Jan 18 Lizard Bearish Bearish Day Trade Setup 0.00%
Jan 18 Doji - Bearish? Reversal 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 50 DMA Support Bullish 0.00%
Jan 17 1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Jan 17 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 16 50 DMA Support Bullish -0.26%
Jan 16 Overbought Stochastic Strength -0.26%

Older signals for MFR.UN ...

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Profile
Manulife Floating Rate Senior Loan Fund (the Fund) is a closed-end investment fund. The Fund's investment objectives are to provide holders of Units (the Unitholders) with monthly distributions; to preserve capital, and to provide the opportunity for increased income if short-term interest rates rise. The Fund invests in an actively managed portfolio consisting of investments in senior floating rate loans and short duration debt securities. Up to 20% of the Fund's total assets may be invested in short duration debt securities, including short duration high yield bonds. Manulife Asset Management Limited is the investment manager of the Fund. Manulife Asset Management (US) LLC is the sub-advisor of the Fund.
Is MFR.UN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 8.8
52 Week Low 6.96
Average Volume 22,337
200-Day Moving Average 8.1266
50-Day Moving Average 7.5968
20-Day Moving Average 7.407
10-Day Moving Average 7.572
Average True Range 0.078
ADX 28.58
+DI 29.143
-DI 24.9128
Chandelier Exit (Long, 3 ATRs ) 7.416
Chandelier Exit (Short, 3 ATRs ) 7.194
Upper Bollinger Band 7.7712
Lower Bollinger Band 7.0428
Percent B (%b) 0.78
BandWidth 9.833941
MACD Line 0.0245
MACD Signal Line -0.0233
MACD Histogram 0.0478
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.685
Resistance 3 (R3) 7.690 7.670 7.673
Resistance 2 (R2) 7.670 7.651 7.668 7.668
Resistance 1 (R1) 7.640 7.639 7.635 7.635 7.664
Pivot Point 7.620 7.620 7.618 7.618 7.620
Support 1 (S1) 7.590 7.601 7.585 7.585 7.556
Support 2 (S2) 7.570 7.589 7.568 7.552
Support 3 (S3) 7.540 7.570 7.548
Support 4 (S4) 7.535