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TMCNet:  Manulife Financial Shares Up 23.4% Since SmarTrend's Buy Recommendation (MFC)

[January 04, 2013]

Manulife Financial Shares Up 23.4% Since SmarTrend's Buy Recommendation (MFC)

Jan 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Manulife Financial (NYSE:MFC) on August 14th, 2012 at $11.47. In approximately 5 months, Manulife Financial has returned 23.37% as of today's recent price of $14.15.

In the past 52 weeks, shares of Manulife Financial have traded between a low of $9.97 and a high of $14.23 and are now at $14.20, which is 42% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

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 --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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