RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of SLF.TO
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Sun Life Financial Inc. stock price ended at $73.80 on Wednesday, after gaining 0.0542%.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 29, 2024 Gain 6.40% PDF

The Sun Life Financial Inc. stock price gained 0.0542% on the last trading day (Wednesday, 27th Mar 2024), rising from $73.76 to $73.80. During the last trading day the stock fluctuated 1.24% from a day low at $73.46 to a day high of $74.37. The price has risen in 6 of the last 10 days but is still down by -0.67% for this period. Volume fell on the last day by -1 million shares and in total, 1 million shares were bought and sold for approximately $76.96 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a narrow and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $73.54 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 11.22% during the next 3 months and, with a 90% probability hold a price between $81.80 and $83.43 at the end of this 3-month period.

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SLF.TO Signals & Forecast

A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.97%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Sun Life Financial Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $73.97. On a fall, the stock will find some support from the long-term average at approximately $73.10. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Monday, January 22, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Monday, January 22, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Sun Life Financial Inc. stock

Sun Life Financial Inc. finds support from accumulated volume at $73.43 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 with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.91 between high and low, or 1.24%. For the last week the stock has had daily average volatility of 1.11%.

Our recommended stop-loss: $70.90 (-3.93%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (SLF.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Sun Life Financial Inc. to open at $73.88, and during the day (based on 14 day Average True Range), to move between $72.98 and $74.62, which gives a possible trading interval of +/-$0.82 (+/-1.12%) up or down from last closing price. If Sun Life Financial Inc. takes out the full calculated possible swing range there will be an estimated 2.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $73.97 (0.23%) than the support at $73.43 (0.50%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Sun Life Financial Inc. stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

Current score: 2.250 Buy Candidate Unchanged

Predicted Opening Price for Sun Life Financial Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$73.88 ( 0.104%) $73.80

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

Trading levels for SLF.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 74.79 1.34 %
R2 74.44 0.87 %
R1 74.22 0.575 %
Current price: 73.80
Support S1 73.53 -0.367 %
S2 73.31 -0.658 %
S3 72.97 -1.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 74.04 0.325 %
R2 74.00 0.271 %
R1 73.97 0.230 %
Current price 73.80
Support S1 73.43 -0.501%
S2 72.08 -2.33%
S3 70.33 -4.70%

SLF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Feb 28, 2024 Mar 28, 2024 $0.780 1.06%
2 Feb 07, 2024 Feb 27, 2024 Mar 28, 2024 $0.780 1.06%
3 Nov 28, 2023 Nov 28, 2023 Dec 29, 2023 $0.750 1.09%
4 Aug 08, 2023 Aug 29, 2023 Sep 29, 2023 $0.750 1.13%
5 May 11, 2023 May 30, 2023 Jun 30, 2023 $0.750 1.09%

FAQ

What is the symbol for Sun Life Financial Inc. Stock and on which exchange is it traded?
The symbol for Sun Life Financial Inc. is SLF.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Sun Life Financial Inc. Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.

How to buy Sun Life Financial Inc. Stock?
Sun Life Financial 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 Sun Life Financial Inc. Stock.

What's the current price of Sun Life Financial Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Sun Life Financial Inc. (SLF.TO) share was $73.80.

What is the 52-week high and low for Sun Life Financial Inc. Stock?
The 52-week high for Sun Life Financial Inc. Stock is $74.94 and the 52-week low is $61.75.

What is the market capitalization of Sun Life Financial Inc. Stock?
As of the 2024-03-27, the market capitalization of Sun Life Financial Inc. is 43.145B.

When is the next earnings date for Sun Life Financial Inc.?
The upcoming earnings date for Sun Life Financial Inc. is May 09, 2024.
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About Sun Life Financial Inc.

Sun Life Financial. Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust a... SLF.TO Profile

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