Manulife Financial Corp

MFC is in a Stage 2 advancing regime within a sustained uptrend, confirmed by a Parabola continuation pattern indicating strong trend acceleration. However, price is now extended well above rising EMAs with RSI and Options Score in extreme overbought territory, increasing the risk of a pullback. Medium-term bias remains bullish, but short-term timing is unfavorable, warranting a stalking approach ahead of a potential pullback into the 9/21 EMA support zone, in line with the Stable strategy intent.

• ↑Core EPS grew 11% YoY, fueled by 22% Asia earnings surge.
• ↑APE sales in Asia increased 11% YoY, led by Hong Kong and Japan.
• ↓Balance sheet quality concerns may hinder capital resilience in downturns.