MFS MUNICIPAL INCOME TRUST (MFM) Stock Technical Analysis
NYSE:MFM - New York Stock Exchange, Inc. - US5527381066 - Currency: USD
Taking everything into account, MFM scores 0 out of 10 in our technical rating. MFM'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than MFM.
MFM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MFM has a been trading in a tight range between 5.05 and 5.23.
Volume is considerably higher in the last couple of days.
MFM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.92
5.85
When analyzing the support we can see 2 important areas.
- Support @5.09 from a trend line in the weekly time frame.
- A support zone ranging from 4.97 to 4.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.11 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.39 to 5.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.74 to 5.79. 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 | DOWN | NEGATIVE | The long term trend for MFM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFM is down. |
| ChartMill Relative Strength | 27.21 | NEGATIVE | MFM has a low relative strength, it was outperformed by 72.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MFM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MFM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MFM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.34 | NEUTRAL | The RSI value for MFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MFM has a negative trend. |
| Stochastics (14,3) | 11.33 | OVERSOLD | The low Stochastics value suggests MFM may be oversold. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for MFM suggests low volalility. |
| Average Directional Index/ADX (14) | 13.83 | NEGATIVE | The low ADX value for MFM 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:MFM (7/15/2025, 7:00:00 PM)
5.09
+0.01 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week-1.36%
2 Weeks-1.55%
1 Month-1.26%
3 Month1.39%
6 Month-5.39%
12 Month-4.86%
2 Year-5.04%
3 Year-11.94%
5 Year-23.23%
10 Year-20.47%
15 Year-28.41%
Volatility
ATR(14)0.06
ATR(20)%1.03%
ATR Inc-38.53%
Range Today0.04
ADR(20)0.05
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.21
Mansfield-1.25
10 Day High5.23
10 Day Low5.05
20 Day High5.23
20 Day Low5.05
52 Week High5.78
52 Week Low4.94
CS1 End5.09
CR1 Start5.11
Volume & EV
DER(3)-2.46%
DER(5)-1.15%
Volume195.40K
Volume Incr92.13%
Vol(5)296.18K
Vol(50)162.71K