MFS CHARTER INCOME TRUST (MCR) Stock Technical Analysis
NYSE:MCR - New York Stock Exchange, Inc. - US5527271093 - Currency: USD
Overall MCR gets a technical rating of 5 out of 10. MCR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, MCR turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
MCR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCR is lagging the market.
In the last month MCR has a been trading in a tight range between 6.30 and 6.52.
MCR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.40, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.04
6.65
We found 2 important support areas.
- A support zone ranging from 6.22 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.42 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.28
Mansfield-0.61
10 Day High6.49
10 Day Low6.34
20 Day High6.52
20 Day Low6.3
52 Week High6.58
52 Week Low6.01
Performance
1 Week-0.31%
2 Weeks-0.62%
1 Month0.95%
3 Month2.24%
6 Month-0.16%
12 Month1.75%
2 Year-2.14%
3 Year-13.51%
5 Year-20%
10 Year-28.65%
15 Year-29.9%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)53.55
LBB6.36
UBB6.48
NYSE:MCR (2/21/2025, 8:04:00 PM)
6.4
+0.04 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.55%
1 Week-0.31%
2 Weeks-0.62%
1 Month0.95%
3 Month2.24%
6 Month-0.16%
12 Month1.75%
2 Year-2.14%
3 Year-13.51%
5 Year-20%
10 Year-28.65%
15 Year-29.9%
Volatility
ATR(14)0.05
ATR(20)%0.79%
ATR Inc-5%
Range Today0.03
ADR(20)0.05
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.28
Mansfield-0.61
10 Day High6.49
10 Day Low6.34
20 Day High6.52
20 Day Low6.3
52 Week High6.58
52 Week Low6.01
CS1 End6.4
CR1 Start6.42
Volume & EV
DER(3)-4.17%
DER(5)-2.61%
Volume94.90K
Volume Incr54.54%
Vol(5)93.96K
Vol(50)91.35K