The Hourly View for SLF
At the time of this writing, SLF (Get Ratings)’s price is down $-0.04 (-0.08%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
SLF’s Technical Outlook on the Daily Chart
Currently, SLF’s price is down $-0.04 (-0.08%) from the day prior. The daily chart shows that SLF has seen 2 straight down days. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Sun Life Financial Inc’s price action over the past 90 days can be seen via the chart below.
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The post Sun Life Financial Inc (SLF): Price Now Near $51.71; Daily Chart Shows An Uptrend on 100 Day Basis appeared first on ETF Daily News.
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