MFS CHARTER INCOME TRUST (MCR) Stock Technical Analysis
NYSE:MCR - New York Stock Exchange, Inc. - US5527271093 - Currency: USD
We assign a technical rating of 2 out of 10 to MCR. MCR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MCR is a bad performer in the overall market: 62% of all stocks are doing better.
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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month MCR has a been trading in a tight range between 6.22 and 6.42.
Volume is considerably higher in the last couple of days.
MCR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
5.82
6.65
2 important support areas can be observed.
- A support zone ranging from 6.23 to 6.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.88 to 6.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.30 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for MCR is down. |
| ChartMill Relative Strength | 38.33 | NEUTRAL | MCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MCR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MCR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MCR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.56 | NEUTRAL | The RSI value for MCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MCR has a negative trend. |
| Stochastics (14,3) | 15.77 | OVERSOLD | The low Stochastics value suggests MCR may be oversold. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for MCR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.37 | NEGATIVE | The low ADX value for MCR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:MCR (7/22/2025, 1:02:55 PM)
6.3
+0.01 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week-1.26%
2 Weeks-1.1%
1 Month0.32%
3 Month2.28%
6 Month-0.79%
12 Month-0.93%
2 Year-0.32%
3 Year-6.81%
5 Year-26%
10 Year-25.3%
15 Year-33.86%
Volatility
ATR(14)0.05
ATR(20)%0.85%
ATR Inc-15.53%
Range Today0.02
ADR(20)0.05
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.33
Mansfield-0.81
10 Day High6.42
10 Day Low6.26
20 Day High6.42
20 Day Low6.22
52 Week High6.58
52 Week Low5.57
CS1 End6.23
CR1 Start6.29
Volume & EV
DER(3)8.37%
DER(5)4.93%
Volume21.18K
Volume Incr79.11%
Vol(5)109.06K
Vol(50)65.12K