


Technical Sentiment Analysis for MFS Municipal Income Trust (MFM). As of 2026-04-16, MFS Municipal Income Trust (MFM) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MFM stands at 50.01, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 74.19 and the Commodity Channel Index (CCI) at 64.5 further confirm a 0.07 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, MFM is trading above its 60-day moving average of $5.45 and above its 200-day long-term moving average of $5.34. Key price levels to watch include the immediate resistance at $5.52 and strong support at $5.23. A break above $5.52 could signal a bull continuation, while falling below $5.23 may test the next Fibonacci floor at $5.08.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.94 | 5.08 | 5.23 | 5.37 | 5.52 | 5.66 | 5.81 |
| Fibonacci | 5.08 | 5.19 | 5.26 | 5.37 | 5.48 | 5.55 | 5.66 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 50.01 |
| Stochastic Oscillator | 74.19 |
| Stochastic RSI | 83.53 |
| Commodity Channel Index (CCI) | 64.5 |
| Awesome Oscillator | 0.04 |
| Momentum | 0.07 |
| MACD | - |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.43 | Sell |
| 10-Day | 5.38 | Buy |
| 20-Day | 5.34 | Buy |
| 60-Day | 5.45 | Sell |
| 200-Day | 5.34 | Buy |
| 250-Day | 5.3 | Buy |