MFM MFS Municipal Income Trust Forecast, Technical & Fundamental Analysis
MFS Municipal Income Trust is a diversified closed-end management investment company... Show more
MFM in upward trend: 10-day moving average moved above 50-day moving average on June 16, 2025
The 10-day moving average for MFM crossed bullishly above the 50-day moving average on June 16, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 11, 2025. You may want to consider a long position or call options on MFM as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MFM just turned positive on June 11, 2025. Looking at past instances where MFM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
MFM moved above its 50-day moving average on June 11, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MFM advanced for three days, in of 272 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 256 cases where MFM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
MFM broke above its upper Bollinger Band on June 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| PJFPX | 74.16 | 0.95 | +1.30% |
| PGIM Jennison Growth R4 | |||
| GCEQX | 96.31 | 0.74 | +0.77% |
| Green Century Equity Individual Investor | |||
| PVFYX | 25.09 | 0.15 | +0.60% |
| Victory Pioneer Core Equity Y | |||
| NIECX | 18.26 | 0.05 | +0.27% |
| BNY Mellon International Equity C | |||
| LYFIX | 12.32 | -0.01 | -0.08% |
| AlphaCentric Life Sciences & Hlthcare I | |||
MFM and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MFM has been loosely correlated with NZF. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if MFM jumps, then NZF could also see price increases.