John Hancock's 15min chart triggers MACD Death Cross, KDJ Death Cross, and Bearish Marubozu.

In accordance with John Hancock's 15-minute chart, the MACD Death Cross and KDJ Death Cross indicators have been triggered at 15:30 on June 6, 2025, accompanied by a Bearish Marubozu pattern. This suggests that the stock price has the potential to continue its downward trend, with momentum shifting towards the downside and a likelihood of further depreciation. Sellers currently dominate the market, and bearish momentum is poised to persist.

The John Hancock Preferred Income Fund II (HPF) has recently faced significant bearish signals, as indicated by the MACD and KDJ Death Cross indicators on its 15-minute chart. These indicators, triggered at 15:30 on June 6, 2025, suggest a potential continuation of the stock's downward trend. Additionally, the presence of a Bearish Marubozu pattern further supports the notion of persistent bearish momentum and seller dominance in the market.

The fund's latest monthly distribution data, as of June 2, 2025, shows a distribution per share of $0.1235, with a change from the previous distribution of -$15.79, and an annualized current distribution rate at market of 9.39% [1]. This data indicates a stable dividend payout, but the recent bearish signals may influence investor sentiment.

The fund's performance over the past three months, as of April 30, 2025, shows a net investment income per common share of $0.276, with a net asset value (NAV) of $15.29 and total managed assets of $537,068,758 [2]. Despite these figures, the bearish indicators may signal a period of market volatility and potential depreciation.

Investors should remain vigilant and monitor the fund's performance closely. The recent bearish signals, coupled with the fund's historical performance, suggest a need for cautious investment decisions.

References:
[1] https://quantisnow.com/company/HPF
[2] https://quantisnow.com/company/HPF