MFS CHARTER INCOME TRUST (MCR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MCR - US5527271093
Taking everything into account, MCR scores 2 out of 10 in our technical rating. MCR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 63% of all other stocks performed better in the past year than MCR.
- MCR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MCR is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month MCR has a been trading in a tight range between 6.20 and 6.35.
Although the technical rating is bad, MCR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MCR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.23 to 6.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.10 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.38 to 6.54. 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 MCR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCR is neutral. |
| ChartMill Relative Strength | 37.16 | NEUTRAL | MCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MCR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.04 | NEUTRAL | The RSI value for MCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MCR has a positive trend. |
| Stochastics (14,3) | 54.76 | NEUTRAL | The Stochastics value for MCR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for MCR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for MCR suggests a weak or negative trend. |
NYSE:MCR (1/14/2026, 1:43:43 PM)
6.32
+0.02 (+0.32%)
MFS CHARTER INCOME TRUST / MCR FAQ
What is the technical rating for MCR stock?
ChartMill assigns a technical rating of 2 / 10 to MCR.
What is the trend direction for MCR stock?
The current trend direction for MFS CHARTER INCOME TRUST (MCR) is Bearish.
Can you provide the RSI signal for MFS CHARTER INCOME TRUST?
MFS CHARTER INCOME TRUST (MCR) has an RSI value of 52.0424. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MFS CHARTER INCOME TRUST?
The MACD indicator for MFS CHARTER INCOME TRUST (MCR) has a value of 0.00306328, indicating a bearish trend.
What is the short term momentum for MFS CHARTER INCOME TRUST (MCR) stock?
The short term momentum for MFS CHARTER INCOME TRUST (MCR) is neutral.