MFS MUNICIPAL INCOME TRUST (MFM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFM - US5527381066
Taking everything into account, MFM scores 4 out of 10 in our technical rating. In the last year, MFM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, MFM 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 5.30, a Stop Loss order could be placed below this zone.
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4.92
When analyzing the support we can see 3 important areas.
- Support @5.30 from a horizontal line in the daily time frame.
- A support zone ranging from 5.08 to 5.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.35 to 5.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.55 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for MFM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFM is down. |
| ChartMill Relative Strength | 42.22 | NEUTRAL | MFM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MFM is below the rising 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 | MIXED | The current price of MFM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.56 | 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) | 20.04 | NEUTRAL | The Stochastics value for MFM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for MFM suggests low volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for MFM suggests a possible start of a new trend. |
NYSE:MFM (12/23/2025, 8:20:00 PM)
5.35
-0.01 (-0.19%)
MFS MUNICIPAL INCOME TRUST / MFM FAQ
What is the ChartMill technical rating of MFS MUNICIPAL INCOME TRUST (MFM) stock?
ChartMill assigns a technical rating of 4 / 10 to MFM.
What is the current trend direction of MFS MUNICIPAL INCOME TRUST (MFM) stock?
The current trend direction for MFS MUNICIPAL INCOME TRUST (MFM) is Bullish.
What is the RSI signal for MFM stock?
MFS MUNICIPAL INCOME TRUST (MFM) has an RSI value of 44.5627. This indicates that the stock is currently neutral.
What is the MACD signal for MFS MUNICIPAL INCOME TRUST (MFM) stock?
The MACD indicator for MFS MUNICIPAL INCOME TRUST (MFM) has a value of -0.00601525, indicating a bearish trend.
What is the short term momentum for MFS MUNICIPAL INCOME TRUST (MFM) stock?
The short term momentum for MFS MUNICIPAL INCOME TRUST (MFM) is negative.