MCR MFS Charter Income Trust Forecast, Technical & Fundamental Analysis

MCR's RSI Oscillator recovers from oversold territory

The RSI Indicator for MCR moved out of oversold territory on April 09, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 42 similar instances when the indicator left oversold territory. In of the 42 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on MCR as a result. In of 70 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 MCR just turned positive on April 22, 2025. Looking at past instances where MCR's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

MCR moved above its 50-day moving average on April 30, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for MCR crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MCR advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .

MCR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 277 cases where MCR 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 demonstrated that the ticker has stayed in the overbought zone for 13 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .