


Technical Sentiment Analysis for MFS Municipal Income Trust (MFM). As of 2026-07-08, MFS Municipal Income Trust (MFM) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MFM stands at 54.64, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.04, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 50 and the Commodity Channel Index (CCI) at 4.38 further confirm a 0.01 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 $5.42. Key price levels to watch include the immediate resistance at $5.66 and strong support at $5.51. A break above $5.66 could signal a bull continuation, while falling below $5.51 may test the next Fibonacci floor at $5.44.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.36 | 5.44 | 5.51 | 5.59 | 5.66 | 5.74 | 5.81 |
| Fibonacci | 5.44 | 5.5 | 5.53 | 5.59 | 5.65 | 5.68 | 5.74 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 54.64 |
| Stochastic Oscillator | 50 |
| Stochastic RSI | 60.1 |
| Commodity Channel Index (CCI) | 4.38 |
| Awesome Oscillator | 0.12 |
| Momentum | 0.01 |
| MACD | 0.04 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.58 | Sell |
| 10-Day | 5.58 | Sell |
| 20-Day | 5.53 | Buy |
| 60-Day | 5.45 | Buy |
| 200-Day | 5.42 | Buy |
| 250-Day | 5.37 | Buy |