MFS MUNICIPAL INCOME TRUST (MFM) Technical Analysis
NYSE:MFM • US5527381066
Overall MFM gets a technical rating of 4 out of 10. MFM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- MFM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MFM is performing more or less in line with the market.
- When compared to the yearly performance of all other stocks, MFM outperforms 44% of them, which is more or less in line with the market.
- In the last month MFM has a been trading in a tight range between 5.41 and 5.67.
- Considerably lower volume is observed in the last couple of days.
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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.30 to 5.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.08 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.97 to 4.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.44 to 5.60. 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 | UP | POSITIVE | The long term trend for MFM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MFM is neutral. |
| ChartMill Relative Strength | 44.69 | NEUTRAL | MFM is not amongst the best or worst performers 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) | UP | MIXED | The current price of MFM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.76 | NEUTRAL | The RSI value for MFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MFM has a negative trend. |
| Stochastics (14,3) | 7.09 | OVERSOLD | The low Stochastics value suggests MFM may be oversold. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for MFM suggests low volalility. |
| Average Directional Index/ADX (14) | 30.38 | POSITIVE | The high ADX value value for MFM suggests a strong trend. |
MFM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MFM (3/12/2026, 8:04:00 PM)
5.41
-0.06 (-1.1%)
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.
Can you provide the trend direction for MFS MUNICIPAL INCOME TRUST?
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 35.7599. This indicates that the stock is currently neutral.
What is the short term momentum for MFM stock?
The short term momentum for MFS MUNICIPAL INCOME TRUST (MFM) is neutral.
What are the support and resistance levels for MFS MUNICIPAL INCOME TRUST (MFM) stock?
MFS MUNICIPAL INCOME TRUST (MFM) has a support level at 5.38 and a resistance level at 5.44. Check the full technical report for our detailed analysis of MFM support and resistance levels.