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Stock Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

MFS Municipal Income Trust (NYSE:MFM)

Weak Downtrend (-65) - MFM is showing signs of a strengthening downtrend. Monitor MFM as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MFM?

MarketClub looks at technical strength and momentum to determine if the timing is right for MFM.

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Open High Low MFM Price Change
7.1000 7.1014 7.0685 7.0800 0.0000
Entry Signal

MarketClub’s Trade Triangles for MFM

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 7.05

intermediate term down The intermediate-term trend has been DOWN since Aug 25th, 2021 at 7.21

short term up The short-term trend has been UP since Oct 13th, 2021 at 6.95

Smart Scan Analysis for MFM

Based on our trend formula, MFM is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MFM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.1000 7.1014 7.0685 7.0800 0.0000
Prev. Close Volume Bid Ask Time
7.0800 19621 2021-10-15 14:14:35
Year High6.95Year High Date2018-01-08
Year Low6.04Year Low Date2018-10-31
52wk High7.4252wk High Date2021-07-30
52wk Low6.2752wk Low Date2020-10-30
Year End Close7.62Average Volume59,134
Shares Outstanding39,670% Institutional32.7
Market Cap291MAssets429,292,665M
Liabilities122,750,895MP/E Ratio23.1
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