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Stock Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

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
5.3400 5.3400 5.3250 5.3302 +0.0002
Entry Signal

MarketClub’s Trade Triangles for MFM

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 5.060

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 5.290

short term up The short-term trend has been UP since Jun 12th, 2024 at 5.265

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
5.3400 5.3400 5.3250 5.3302 +0.0002
Prev. Close Volume Bid Ask Time
5.3300 29975 2024-06-14 13:28:53
Year High6.95Year High Date2018-01-08
Year Low6.04Year Low Date2018-10-31
52wk High5.4852wk High Date2024-03-06
52wk Low4.3752wk Low Date2023-10-27
Year End Close7.62Average Volume70,937
Shares Outstanding39,670% Institutional32.7
Market Cap291MAssets340,563,543M
Liabilities116,063,498MP/E Ratio18.28
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