Technical Analysis for MMT - MFS Multimarket Income Trust

Grade Last Price % Change Price Change
D 4.71 -0.86% -0.04
MMT closed down 0.86 percent on Tuesday, November 12, 2024, on 2.52 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
50 DMA Resistance Bearish -0.86%
Crossed Above 20 DMA Bullish -0.86%
Gapped Up Strength -0.86%
Up 3 Days in a Row Strength -0.86%
20 DMA Resistance Bearish -0.65%
50 DMA Resistance Bearish -0.65%
Pocket Pivot Bullish Swing Setup -0.65%

   Recent Intraday Alerts

Alert Time
Fell Below Lower Bollinger Band about 13 hours ago
Down 1% about 13 hours ago
Down 1 ATR about 13 hours ago
2x Volume Pace about 15 hours ago
1.5x Volume Pace about 15 hours ago

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Profile

MFS Multimarket Income Trust Description

MFS Multimarket Income Trust is a close-ended fixed income mutual fund launched and managed by MFS Investment Management, Inc. It invests in the fixed income markets across the globe with greater emphasis on United States. The fund seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed and other asset-backed securities of U.S. and foreign issuers, corporate bonds of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries with an average duration of 5.1 years. It employs fundamental analysis along with bottom-up approach focusing on underlying credit quality, collateral characteristics, and indenture provisions, and the issuer's management ability, capital structure, leverage, and ability to meet its current obligations. The fund benchmarks the performance of its portfolios against the Citigroup World Government Bond Non-Dollar Hedged Index, JPMorgan Emerging Markets Bond Index Global, Lehman Brothers U.S. Credit Bond Index, Lehman Brothers U.S. Government/Mortgage Bond Index and Lehman Brothers U.S. High-Yield Corporate Bond Index. MFS Multimarket Income Trust was formed in March 12, 1987 and is domiciled in the Unites States.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Bond Structured Finance Bond Market Mortgage Backed Security High Yield Debt U.S. Government Income Trust Barclays Capital Structure Mfs Investment Management

Is MMT 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 4.8304
52 Week Low 3.9163
Average Volume 63,561
200-Day Moving Average 4.51
50-Day Moving Average 4.75
20-Day Moving Average 4.73
10-Day Moving Average 4.73
Average True Range 0.04
RSI (14) 44.75
ADX 20.1
+DI 22.95
-DI 20.71
Chandelier Exit (Long, 3 ATRs) 4.70
Chandelier Exit (Short, 3 ATRs) 4.80
Upper Bollinger Bands 4.78
Lower Bollinger Band 4.68
Percent B (%b) 0.25
BandWidth 2.17
MACD Line -0.01
MACD Signal Line -0.01
MACD Histogram -0.0014
Fundamentals Value
Market Cap 267.12 Million
Num Shares 56.8 Million
EPS 0.30
Price-to-Earnings (P/E) Ratio 15.68
Price-to-Sales 11.33
Price-to-Book 1.00
PEG Ratio 0.00
Dividend 0.39
Dividend Yield 8.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.79
Resistance 3 (R3) 4.80 4.77 4.78
Resistance 2 (R2) 4.77 4.75 4.77 4.77
Resistance 1 (R1) 4.74 4.73 4.72 4.73 4.77
Pivot Point 4.71 4.71 4.70 4.71 4.71
Support 1 (S1) 4.68 4.69 4.67 4.68 4.64
Support 2 (S2) 4.65 4.67 4.65 4.64
Support 3 (S3) 4.62 4.65 4.63
Support 4 (S4) 4.62