MFS MUNICIPAL INCOME TRUST (MFM) Stock Technical Analysis
NYSE:MFM - New York Stock Exchange, Inc. - US5527381066 - Currency: USD
Overall MFM gets a technical rating of 1 out of 10. MFM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
MFM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When compared to the yearly performance of all other stocks, MFM outperforms 52% of them, which is more or less in line with the market.
In the last month MFM has a been trading in the 4.94 - 5.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MFM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.92
5.85
When analyzing the support we notice one important area.
- A support zone ranging from 4.97 to 5.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.23 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.44 to 5.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 5.64 to 5.64. This zone is formed by a combination of multiple trend lines 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.99
Mansfield-0.29
10 Day High5.16
10 Day Low4.94
20 Day High5.41
20 Day Low4.94
52 Week High5.78
52 Week Low4.94
Performance
1 Week2.59%
2 Weeks2.59%
1 Month-2.74%
3 Month-4.81%
6 Month-6.53%
12 Month1.38%
2 Year-1.34%
3 Year-7.04%
5 Year-11.97%
10 Year-23.25%
15 Year-25.25%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)47.41
LBB4.9
UBB5.23
NYSE:MFM (4/25/2025, 8:23:11 PM)
5.15
+0.08 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.58%
1 Week2.59%
2 Weeks2.59%
1 Month-2.74%
3 Month-4.81%
6 Month-6.53%
12 Month1.38%
2 Year-1.34%
3 Year-7.04%
5 Year-11.97%
10 Year-23.25%
15 Year-25.25%
Volatility
ATR(14)0.09
ATR(20)%1.64%
ATR Inc-16.02%
Range Today0.06
ADR(20)0.08
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.99
Mansfield-0.29
10 Day High5.16
10 Day Low4.94
20 Day High5.41
20 Day Low4.94
52 Week High5.78
52 Week Low4.94
CS1 End5.03
CR1 Start5.23
Volume & EV
DER(3)0.04%
DER(5)2.45%
Volume203.40K
Volume Incr-8.34%
Vol(5)183.12K
Vol(50)143.55K