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TMCNet:  Uptrend Call Working As Manulife Financial Stock Rises 13.5% (MFC)

[December 06, 2012]

Uptrend Call Working As Manulife Financial Stock Rises 13.5% (MFC)

Dec 06, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Manulife Financial (NYSE:MFC) on August 14th, 2012 at $11.47. In approximately 4 months, Manulife Financial has returned 13.51% as of today's recent price of $13.02.

Over the past year, Manulife Financial has traded in a range of $9.82 to $14.21 and is now at $12.95, 32% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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