MFS HIGH INCOME MUNICIPAL TR (CXE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CXE - US59318D1046
We assign a technical rating of 3 out of 10 to CXE. In the last year, CXE was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is bad, CXE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.65, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.61 to 3.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 3.48 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.40 to 3.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.70 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.01 to 4.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CXE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CXE is down. |
| ChartMill Relative Strength | 42.67 | NEUTRAL | CXE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CXE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CXE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CXE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.28 | NEUTRAL | The RSI value for CXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CXE has a negative trend. |
| Stochastics (14,3) | 16.29 | OVERSOLD | The low Stochastics value suggests CXE may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for CXE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.12 | NEGATIVE | The low ADX value for CXE suggests a weak or negative trend. |
NYSE:CXE (12/26/2025, 8:04:00 PM)
3.7
+0.01 (+0.27%)
MFS HIGH INCOME MUNICIPAL TR / CXE FAQ
Can you provide the ChartMill technical rating for MFS HIGH INCOME MUNICIPAL TR?
ChartMill assigns a technical rating of 3 / 10 to CXE.
Can you provide the trend direction for MFS HIGH INCOME MUNICIPAL TR?
The current trend direction for MFS HIGH INCOME MUNICIPAL TR (CXE) is Bearish.
What is the RSI signal for MFS HIGH INCOME MUNICIPAL TR (CXE) stock?
MFS HIGH INCOME MUNICIPAL TR (CXE) has an RSI value of 46.2756. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MFS HIGH INCOME MUNICIPAL TR?
The MACD indicator for MFS HIGH INCOME MUNICIPAL TR (CXE) has a value of -0.00310435, indicating a bearish trend.