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Stock Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

MFS Municipal Income Trust (NYSE:MFM)

Crossroads (+60) - MFM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MFM Price Change
5.060 5.115 5.060 5.070 -0.020
Entry Signal

MarketClub’s Trade Triangles for MFM

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 4.98

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 5.10

short term up The short-term trend has been UP since Mar 22nd, 2023 at 5.09

Smart Scan Analysis for MFM

Based on our trend formula, MFM is rated as a +60 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
5.060 5.115 5.060 5.070 -0.020
Prev. Close Volume Bid Ask Time
5.050 70940 2023-03-24 15:58:40
Year High6.95Year High Date2018-01-08
Year Low6.04Year Low Date2018-10-31
52wk High6.2752wk High Date2022-04-01
52wk Low4.6652wk Low Date2022-10-24
Year End Close7.62Average Volume84,033
Shares Outstanding39,670% Institutional32.7
Market Cap291MAssets340,563,543M
Liabilities116,063,498MP/E Ratio20.2
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