MFS MUNICIPAL INCOME TRUST (MFM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MFM - US5527381066
We assign a technical rating of 2 out of 10 to MFM. MFM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, MFM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 5.31, a Stop Loss order could be placed below this zone.
More info and screens
4.92
3 important support areas can be observed.
- A support zone ranging from 5.30 to 5.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 5.08 to 5.13. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.33 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.48 to 5.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
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 | NEUTRAL | NEUTRAL | The short term trend for MFM is neutral. |
| ChartMill Relative Strength | 38.47 | 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) | 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) | 42.05 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 27.95 | NEUTRAL | The Stochastics value for MFM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for MFM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for MFM suggests a weak or negative trend. |
NYSE:MFM (11/26/2025, 8:04:00 PM)
5.32
-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 2 / 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 Bearish.
What is the RSI signal for MFM stock?
MFS MUNICIPAL INCOME TRUST (MFM) has an RSI value of 42.0528. 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 -0.010687, 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 neutral.