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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
MFS Municipal Income Trust (NYSE:MFM)
Long-Term Uptrend (+90) - MFM is in a strong uptrend that is likely to continue. While MFM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MFM
The long-term trend has been UP since Jul 1st, 2024 at 5.3800
The intermediate-term trend has been UP since Jun 12th, 2024 at 5.2900
The short-term trend has been UP since Jul 25th, 2024 at 5.3751
Smart Scan Analysis for MFM
Based on our trend formula, MFM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.360 | 5.390 | 5.350 | 5.389 | +0.019 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.370 | 62100 | 2024-07-26 15:59:26 |
| Year High | 6.95 | Year High Date | 2018-01-08 |
| Year Low | 6.04 | Year Low Date | 2018-10-31 |
| 52wk High | 5.48 | 52wk High Date | 2024-03-06 |
| 52wk Low | 4.37 | 52wk Low Date | 2023-10-27 |
| Year End Close | 7.62 | Average Volume | 95,902 |
| Shares Outstanding | 39,670 | % Institutional | 32.7 |
| Market Cap | 291M | Assets | 362,495,392M |
| Liabilities | 5,254,525M | P/E Ratio | 18.28 |
| Beta | 1.16 | Volatility | 11.71 |