MFS MUNICIPAL INCOME TRUST (MFM) Stock Technical Analysis
NYSE:MFM - New York Stock Exchange, Inc. - US5527381066 - Currency: USD
We assign a technical rating of 4 out of 10 to MFM. In the past year, MFM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
73% of all other stocks performed better in the past year than MFM.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MFM is lagging the market.
In the last month MFM has a been trading in a tight range between 5.03 and 5.23.
MFM has an average technical rating and it also does not offer a high quality setup 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 can see 2 important areas.
- A support zone ranging from 5.08 to 5.15. This zone is formed by a combination of multiple trend lines and important moving averages 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.
We can see 3 important resistance areas.
- Resistance @5.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.38 to 5.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.70 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 | NEUTRAL | NEUTRAL | The long term trend for MFM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MFM is up. |
| ChartMill Relative Strength | 27.53 | NEGATIVE | MFM has a low relative strength, it was outperformed by 72.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MFM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFM is above the rising 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) | 66.46 | NEUTRAL | The RSI value for MFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MFM has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests MFM may be overbought. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for MFM suggests low volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for MFM suggests a possible start of a new 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 (8/6/2025, 1:15:52 PM)
5.21
-0.01 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.19%
1 Week2.65%
2 Weeks3.16%
1 Month1.16%
3 Month0.38%
6 Month-4.74%
12 Month-5.09%
2 Year5.45%
3 Year-4.92%
5 Year-19.07%
10 Year-16.61%
15 Year-27.3%
Volatility
ATR(14)0.05
ATR(20)%1.08%
ATR Inc47.91%
Range Today0.07
ADR(20)0.06
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.53
Mansfield-0.99
10 Day High5.22
10 Day Low5.04
20 Day High5.23
20 Day Low5.03
52 Week High5.78
52 Week Low4.94
CS1 End5.21
CR1 Start5.38
Volume & EV
DER(3)3.78%
DER(5)0.22%
Volume80.86K
Volume Incr-44.44%
Vol(5)112.68K
Vol(50)172.57K