


Technical Sentiment Analysis for MFS Municipal Income Trust (MFM). As of 2026-05-01, 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 48.5, 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 23.15 and the Commodity Channel Index (CCI) at -22.87 further confirm a -0.05 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, MFM is trading above its 60-day moving average of $5.43 and above its 200-day long-term moving average of $5.36. Key price levels to watch include the immediate resistance at $5.44 and strong support at $5.33. A break above $5.44 could signal a bull continuation, while falling below $5.33 may test the next Fibonacci floor at $5.28.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.22 | 5.28 | 5.33 | 5.39 | 5.44 | 5.5 | 5.55 |
| Fibonacci | 5.28 | 5.32 | 5.34 | 5.39 | 5.43 | 5.45 | 5.5 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 48.5 |
| Stochastic Oscillator | 23.15 |
| Stochastic RSI | 20.79 |
| Commodity Channel Index (CCI) | -22.87 |
| Awesome Oscillator | 0.01 |
| Momentum | -0.05 |
| MACD | - |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.37 | Buy |
| 10-Day | 5.39 | Buy |
| 20-Day | 5.4 | Buy |
| 60-Day | 5.43 | Buy |
| 200-Day | 5.36 | Buy |
| 250-Day | 5.31 | Buy |