Technical Analysis for MCR - MFS Charter Income Trust

Grade Last Price % Change Price Change
grade A 8.66 0.35% 0.03
MCR closed up 0.35 percent on Monday, August 10, 2020, on 1.27 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical MCR trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 0.35%
Inside Day Range Contraction 0.35%
Overbought Stochastic Strength 0.35%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.12%
New 52 Week High Strength -0.12%

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Profile

MFS Charter Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in the fixed income markets across the globe. It invests primarily in corporate bonds of U.S. and/or foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S. and/or foreign issuers, and/or debt instruments of issuers located in emerging market countries. The fund employs a combination of quantitative and fundamental analysis with a bottom-up approach to build its portfolio. It benchmarks the performance of its portfolio against the Barclays U.S. High-Yield Corporate Bond 2% issuer Capped Index and the MFS Charter Income Trust Blended Index. MFS Charter Income Trust was formed on July 20, 1989 and is domiciled in the United States.
Bond Mutual Fund Bond Market Structured Finance Fixed Income U.S. Government Income Trust Mfs Investment Management

Is MCR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.68
52 Week Low 5.49
Average Volume 90,892
200-Day Moving Average 8.12
50-Day Moving Average 8.27
20-Day Moving Average 8.37
10-Day Moving Average 8.55
Average True Range 0.08
ADX 38.1
+DI 34.28
-DI 7.54
Chandelier Exit (Long, 3 ATRs ) 8.44
Chandelier Exit (Short, 3 ATRs ) 8.24
Upper Bollinger Band 8.79
Lower Bollinger Band 7.95
Percent B (%b) 0.84
BandWidth 10.07
MACD Line 0.14
MACD Signal Line 0.11
MACD Histogram 0.0303
Fundamentals Value
Market Cap 431.4 Million
Num Shares 49.8 Million
EPS 0.78
Price-to-Earnings (P/E) Ratio 11.10
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.77
Resistance 3 (R3) 8.76 8.71 8.75
Resistance 2 (R2) 8.71 8.69 8.72 8.74
Resistance 1 (R1) 8.69 8.67 8.70 8.70 8.74
Pivot Point 8.64 8.64 8.65 8.65 8.64
Support 1 (S1) 8.62 8.62 8.63 8.63 8.58
Support 2 (S2) 8.57 8.60 8.58 8.58
Support 3 (S3) 8.55 8.57 8.57
Support 4 (S4) 8.56