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Stock Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

MFS Municipal Income Trust (NYSE:MFM)

Strong Uptrend (+100) - MFM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MFM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
5.100 5.115 5.050 5.080 0.000
Entry Signal

MarketClub’s Trade Triangles for MFM

long term up The long-term trend has been UP since Dec 1st, 2023 at 5.10

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2023 at 4.77

short term up The short-term trend has been UP since Nov 15th, 2023 at 4.78

Smart Scan Analysis for MFM

Based on our trend formula, MFM is rated as a +100 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
5.100 5.115 5.050 5.080 0.000
Prev. Close Volume Bid Ask Time
5.080 156019 2023-12-05 16:00:00
Year High6.95Year High Date2018-01-08
Year Low6.04Year Low Date2018-10-31
52wk High5.5352wk High Date2023-02-02
52wk Low4.3752wk Low Date2023-10-27
Year End Close7.62Average Volume177,194
Shares Outstanding39,670% Institutional32.7
Market Cap291MAssets340,563,543M
Liabilities116,063,498MP/E Ratio18.28
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