MFM Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

MFS Municipal Income Trust (MFM.N) Moving Averages Convergence Divergence (MACD) indicator is -0.1, suggesting MFM.N is Strong buy.

MFS Municipal Income Trust (MFM.N) 20-Day simple moving average is 5.15, while MFS Municipal Income Trust (MFM.N) share price is $5.495, making it Buy.

MFS Municipal Income Trust (MFM.N) 60-Day simple moving average is 5.35, while MFS Municipal Income Trust (MFM.N) share price is $5.495, making it Buy.

Technical Analysis for MFM

Technical Sentiment Analysis for MFS Municipal Income Trust (MFM) As of 2025-04-24, 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 37.39, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.1, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 21.43 and the Commodity Channel Index (CCI) at -38.88 further confirm a -0.06 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MFM is trading below its 60-day moving average of $5.35 and below its 200-day long-term moving average of $5.43. Key price levels to watch include the immediate resistance at $5.11 and strong support at $4.93. A break above $5.11 could signal a bull continuation, while falling below $4.93 may test the next Fibonacci floor at $4.85.

MFS Municipal Income Trust (MFM) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.75	4.85	4.93	5.03	5.11	5.21	5.29
Fibonacci	4.85	4.92	4.96	5.03	5.1	5.14	5.21

MFS Municipal Income Trust (MFM) Technical Indicators

2025-04-24

Name	Value
RSI_14	37.39
STOCHk_14_3_3	21.43
STOCHd_14_3_3	17.31
CCI_20	-38.88
AO_5_34	-0.23
MOM_10	-0.06
MACD_12_26_9	-0.1

MFS Municipal Income Trust (MFM) Relative Strength Index (RSI) is 37.39, creating a Neutral signal.

MFS Municipal Income Trust (MFM) Stochastic Oscillator is 21.43, creating a Neutral signal.

MFS Municipal Income Trust (MFM) Stochastic RSI is 17.31, creating a Buy signal.

MFS Municipal Income Trust (MFM) Commodity Channel Index (CCI) is -38.88, creating a Neutral signal.

MFS Municipal Income Trust (MFM) Awesome Oscillator is -0.23, creating a Sell signal.

MFS Municipal Income Trust (MFM) Momentum is -0.06, creating a Sell signal.

MFS Municipal Income Trust (MFM) MACD is -0.1, creating a Sell signal.

MFS Municipal Income Trust (MFM) Moving Average

2025-04-24

Period	Simple	Signal
MA_5	5.03	Buy
MA_10	5.02	Buy
MA_20	5.15	Buy
MA_60	5.35	Buy
MA_200	5.43	Buy
MA_250	5.36	Buy

MFS Municipal Income Trust (MFM) 5-Day simple moving average is 5.03, while MFS Municipal Income Trust (MFM) share price is $5.495, making it a Buy.

MFS Municipal Income Trust (MFM) 10-Day simple moving average is 5.02, while MFS Municipal Income Trust (MFM) share price is $5.495, making it a Buy.

MFS Municipal Income Trust (MFM) 20-Day simple moving average is 5.15, while MFS Municipal Income Trust (MFM) share price is $5.495, making it a Buy.

MFS Municipal Income Trust (MFM) 60-Day simple moving average is 5.35, while MFS Municipal Income Trust (MFM) share price is $5.495, making it a Buy.

MFS Municipal Income Trust (MFM) 200-Day simple moving average is 5.43, while MFS Municipal Income Trust (MFM) share price is $5.495, making it a Buy.

MFS Municipal Income Trust (MFM) 250-Day simple moving average is 5.36, while MFS Municipal Income Trust (MFM) share price is $5.495, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MFM?

The overall technical consensus for MFS Municipal Income Trust (MFM) is currently strong buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 3 sell signals.

What are the key support and resistance levels for MFS Municipal Income Trust (MFM) today?

Based on pivot point calculations, MFS Municipal Income Trust (MFM) has an immediate support level at 4.93 and a major resistance level at 5.11. Traders also monitor the pivot point at 5.03 to determine the intraday trend direction.

Is MFS Municipal Income Trust (MFM) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for MFS Municipal Income Trust (MFM) is currently 37.39. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for MFS Municipal Income Trust (MFM)?

MFS Municipal Income Trust (MFM) Moving Averages Convergence Divergence (MACD) indicator is -0.1, suggesting MFM is strong buy. This indicator helps identify potential trend reversals or momentum shifts for MFS Municipal Income Trust.

How is MFS Municipal Income Trust (MFM) performing relative to its 200-day moving average?

MFS Municipal Income Trust (MFM)is currently trading at $5.495, which is above its 200-day simple moving average of 5.43. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.