Technical Analysis for MFM - MFS Municipal Income Trust

Grade Last Price % Change Price Change
grade B 6.37 -0.62% -0.04
MFM closed down 0.62 percent on Wednesday, January 16, 2019, on 1.24 times normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Up Down
See historical MFM trend table...

Date Alert Name Type % Chg
Jan 16 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Jan 16 Down 3 Days in a Row Weakness 0.00%
Jan 14 Fell Below 200 DMA Bearish -1.70%
Jan 14 Stochastic Reached Overbought Strength -1.70%
Jan 14 Overbought Stochastic Strength -1.70%
Jan 11 Spinning Top Other -3.04%
Jan 11 NR7 Range Contraction -3.04%
Jan 11 Gapped Up Strength -3.04%
Jan 11 Upper Bollinger Band Touch Strength -3.04%
Jan 10 Crossed Above 200 DMA Bullish -2.30%

Older signals for MFM ...

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Profile
MFS Municipal Income Trust operates as a nondiversified and closed-end management investment company. The fund primarily invests in municipal bonds and high-yield securities. Its portfolio of investments include companies operating in various sectors, such as airport and port, chemicals, healthcare, human services, environmental services, entertainment and tourism, multifamily housing, single family housing, tobacco, transportation, utilities, paper, and metals sectors. Massachusetts Financial Services Company serves as investment advisor of the trust. The trust was founded in 1986 and is based in Boston, Massachusetts.
Is MFM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 6.9
52 Week Low 6.04
Average Volume 116,924
200-Day Moving Average 6.5175
50-Day Moving Average 6.3306
20-Day Moving Average 6.3335
10-Day Moving Average 6.455
Average True Range 0.0956
ADX 26.14
+DI 27.8044
-DI 22.7715
Chandelier Exit (Long, 3 ATRs ) 6.3232
Chandelier Exit (Short, 3 ATRs ) 6.4068
Upper Bollinger Band 6.6063
Lower Bollinger Band 6.0607
Percent B (%b) 0.57
BandWidth 8.61451
MACD Line 0.0373
MACD Signal Line 0.0282
MACD Histogram 0.0091
Fundamentals Value
Market Cap 262.37 Million
Num Shares 41.2 Million
EPS 0.56
Price-to-Earnings (P/E) Ratio 11.38
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) 6.46
Resistance 3 (R3) 6.47 6.44 6.45
Resistance 2 (R2) 6.44 6.42 6.44 6.44
Resistance 1 (R1) 6.41 6.41 6.40 6.40 6.43
Pivot Point 6.38 6.38 6.38 6.38 6.38
Support 1 (S1) 6.35 6.36 6.34 6.34 6.31
Support 2 (S2) 6.32 6.35 6.32 6.30
Support 3 (S3) 6.29 6.32 6.30
Support 4 (S4) 6.28