MFS MUNICIPAL INCOME TRUST (MFM) Technical Analysis
NYSE:MFM • US5527381066
Current stock price
MFM Technical Rating and Analysis
Overall MFM gets a technical rating of 5 out of 10. MFM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the performance of all stocks over the past year, MFM turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- 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 5.20 and 5.51.
MFM Weekly and Daily overview Charts
MFM Setup Rating and Analysis
MFM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.45, a Stop Loss order could be placed below this zone.
More info and screens
MFM Support and Resistance Analysis
4.92
We found 2 important support areas.
- A support zone ranging from 5.25 to 5.41. 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 4.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.45 to 5.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.73 from a horizontal line in the weekly time frame.
MFM Technical Indicator Signal Analysis
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 | 45.21 | NEUTRAL | MFM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of MFM is below a declining 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) | 58.19 | NEUTRAL | The RSI value for MFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MFM has a positive trend. |
| Stochastics (14,3) | 90.57 | OVERBOUGHT | The high Stochastics value suggests MFM may be overbought. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for MFM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for MFM suggests a possible start of a new trend. |
MFM Chart- and CandleStick Pattern Analysis
MFM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MFM (4/15/2026, 10:29:26 AM)
5.43
-0.04 (-0.73%)
MFS MUNICIPAL INCOME TRUST / MFM TA FAQ
What is the ChartMill technical rating of MFS MUNICIPAL INCOME TRUST (MFM) stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
What is the RSI signal for MFS MUNICIPAL INCOME TRUST (MFM) stock?
MFS MUNICIPAL INCOME TRUST (MFM) has an RSI value of 58.191. This indicates that the stock is currently neutral.
What is the MACD signal for MFM stock?
The MACD indicator for MFS MUNICIPAL INCOME TRUST (MFM) has a value of 0.0270287, indicating a bearish trend.
What is the support and resistance level for MFM stock?
MFS MUNICIPAL INCOME TRUST (MFM) has a support level at 5.45 and a resistance level at 5.48. Check the full technical report for our detailed analysis of MFM support and resistance levels.