14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MFI.TO
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Maple Leaf Foods Inc. stock upgraded to Hold/Accumulate.
(Updated on Jun 25, 2024)

Hold candidate since Jun 25, 2024 PDF

No changes to the price of Maple Leaf Foods Inc. stock on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $22.30 to a day high of $22.30. The price has fallen in 5 of the last 10 days and is down by -4.17% for this period.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.77% during the next 3 months and, with a 90% probability hold a price between $20.95 and $23.40 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

MFI.TO Signals & Forecast

There are mixed signals in the stock today. The Maple Leaf Foods Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $22.39 and $23.13. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Wednesday, June 19, 2024, and so far it has risen 0.405%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Maple Leaf Foods Inc. stock

Maple Leaf Foods Inc. finds support from accumulated volume at $22.21 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 1.26%

Our recommended stop-loss: $20.94 (-6.08%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 40 days ago.)

Trading Expectations (MFI.TO) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Maple Leaf Foods Inc. to open at $22.30, and during the day (based on 14 day Average True Range), to move between $21.90 and $22.70, which gives a possible trading interval of +/-$0.399 (+/-1.79%) up or down from last closing price. If Maple Leaf Foods Inc. takes out the full calculated possible swing range there will be an estimated 3.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.21 (0.40%) than the resistance at $22.85 (2.47%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Maple Leaf Foods Inc. stock A Buy?

Maple Leaf Foods Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Maple Leaf Foods Inc. of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$22.30 ( 0%) $22.30

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MFI.TO

Fibonacci Support & Resistance Levels

Level Price
R3 22.30 -
R2 22.30 -
R1 22.30 -
Price 22.30
S1 22.30 -
S2 22.30 -
S3 22.30 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 23.95 7.40%
R2 23.39 4.89%
R1 22.85 2.47%
Price 22.30
S1 22.21 -0.404%
S2 0 -
S3 0 -

MFI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 06, 2024 Jun 06, 2024 Jun 28, 2024 $0.220 0.97%
2 Feb 21, 2024 Mar 07, 2024 Mar 28, 2024 $0.220 0.99%
3 Nov 02, 2023 Dec 07, 2023 Dec 29, 2023 $0.210 0.83%
4 Aug 02, 2023 Sep 07, 2023 Sep 28, 2023 $0.210 0.82%
5 Jun 07, 2023 Jun 07, 2023 Sep 28, 2023 $0.210 0.82%

FAQ

What is the symbol for Maple Leaf Foods Inc. Stock and on which exchange is it traded?
The symbol for Maple Leaf Foods Inc. is MFI.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Maple Leaf Foods Inc. Stock?
Maple Leaf Foods Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Maple Leaf Foods Inc. Stock?
Maple Leaf Foods Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Maple Leaf Foods Inc. Stock.

What's the current price of Maple Leaf Foods Inc. Stock?
As of the end of day on the Jun 25, 2024, the price of an Maple Leaf Foods Inc. (MFI.TO) share was $22.30.

What is the 52-week high and low for Maple Leaf Foods Inc. Stock?
The 52-week high for Maple Leaf Foods Inc. Stock is $31.63 and the 52-week low is $21.52.

What is the market capitalization of Maple Leaf Foods Inc. Stock?
As of the Jun 25, 2024, the market capitalization of Maple Leaf Foods Inc. is 2.807B.

When is the next earnings date for Maple Leaf Foods Inc.?
The upcoming earnings date for Maple Leaf Foods Inc. is Aug 01, 2024.
Click to get the best stock tips daily for free!

About Maple Leaf Foods Inc.

Maple Leaf Foods. Maple Leaf Foods Inc. produces food products in the United States, Canada, Japan, China, and internationally. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, fresh pork and poultry, and plant protein products. The company offers its products under various brands, including Maple Leaf, Schneiders, Greenfield Natural Meat Co., Swift, Prime, Maple Leaf Natural Selections, Mina, Big St... MFI.TO Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT