Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
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.
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 Dec 1st, 2023 at 5.10
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 5.25
The short-term trend has been DOWN since Apr 3rd, 2024 at 5.26
Smart Scan Analysis for MFM
Based on our trend formula, MFM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.0900 | 5.1282 | 5.0800 | 5.1100 | +0.0055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.1045 | 13487 | 2024-04-16 11:00:23 |
| 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 | 82,717 |
| Shares Outstanding | 39,670 | % Institutional | 32.7 |
| Market Cap | 291M | Assets | 340,563,543M |
| Liabilities | 116,063,498M | P/E Ratio | 18.28 |
| Beta | 1.16 | Volatility | 11.71 |
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