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Mfs Multimarket Income (MMT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for MMT · data as of Jul 30, 2026. The chart above is live; the read below updates daily.

$4.34last close · Jul 30, 202652-week range $4.31 – $4.87 · 10.88% below the high

Falling Wedge · playing out now

MMT is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

On this chart, setups like it have followed through about 61% of the time.

As long as price stays below $4.47, it's in play — a daily close back above there calls it off.

The move's natural target sits near $4.20.

MMT Falling Wedge Pattern

MMT is currently forming a falling wedge on the daily timeframe. Detected Jul 30, 2026.

DirectionBearishTarget$4.20Projected move−4.0%Breakout level$4.37

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

54.1%

Avg return

+0.50R

Backtested trades

5,485

MMT win rate

63.6%

Historical pattern statistics (2006-07-31 – 2026-07-31), not a prediction.

How these backtests work →

MMT Pattern Trade History

Every completed pattern trade our nightly backtest found on MMT's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Jun 12, 2026 @ $4.50	Jun 30, 2026 @ $4.40	Loss	-1.11R
Triangle	Feb 9, 2026 @ $4.74	Feb 25, 2026 @ $4.67	Loss	-1.08R
Triangle	Jan 7, 2026 @ $4.68	Feb 17, 2026 @ $4.71	Win	+0.33R
Falling Wedge	Nov 28, 2025 @ $4.69	Mar 9, 2026 @ $4.59	Loss	-1.17R
Triangle	Jan 29, 2025 @ $4.64	Apr 4, 2025 @ $4.44	Loss	-2.81R
Rising Wedge	Oct 10, 2024 @ $4.85	Oct 23, 2024 @ $4.77	Win	+1.60R
Rising Wedge	Sep 30, 2024 @ $4.86	Oct 21, 2024 @ $4.78	Loss	-1.31R
Triangle	Aug 30, 2024 @ $4.84	Nov 14, 2024 @ $4.64	Loss	-1.05R
Rising Wedge	Jul 15, 2024 @ $4.76	Oct 10, 2024 @ $4.86	Win	+0.64R
Rising Wedge	Jul 1, 2024 @ $4.71	Sep 6, 2024 @ $4.79	Win	+0.74R
Triangle	May 31, 2024 @ $4.64	Sep 6, 2024 @ $4.79	Win	+1.61R
Triangle	Jul 26, 2023 @ $4.52	Aug 16, 2023 @ $4.45	Loss	-1.17R

Recent Falling Wedges on Other Charts

CMIstopped −10.8%Jul 29, 2026 FTVstopped −1.2%Jul 29, 2026 KEYSstopped −6.8%Jul 29, 2026 VRThit target +16.0%Jul 29, 2026

Learn about falling wedge

MMT Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

Much of the time charts simply drift between levels; the best reads are worth waiting for.
Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected resistance near $4.37. These are chart/swing-derived levels, not formula pivots.

Resistance

$4.37$4.39$4.40$4.43$4.44$4.84

MMT Recent Daily Prices

Date	Open	High	Low	Close
Jul 30, 2026	$4.34	$4.35	$4.33	$4.34
Jul 29, 2026	$4.34	$4.35	$4.33	$4.33
Jul 28, 2026	$4.34	$4.36	$4.33	$4.35
Jul 27, 2026	$4.34	$4.36	$4.32	$4.35
Jul 24, 2026	$4.32	$4.33	$4.31	$4.33
Jul 23, 2026	$4.38	$4.39	$4.31	$4.31
Jul 22, 2026	$4.44	$4.46	$4.40	$4.40
Jul 21, 2026	$4.47	$4.47	$4.43	$4.43
Jul 20, 2026	$4.45	$4.46	$4.44	$4.46
Jul 17, 2026	$4.45	$4.46	$4.44	$4.44

MMT Frequently Asked Questions

What chart pattern is MMT forming right now?

As of Jul 30, 2026, TradingPal's detector identifies a falling wedge on Mfs Multimarket Income (MMT) on the daily chart, with a measured-move target of $4.20.

Is a falling wedge bullish or bearish?

The falling wedge detected on MMT is a bearish pattern, projecting a measured-move target of $4.20. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (5,485 trades over 631 symbols), it resolved in the expected direction 54.1% of the time with an average of +0.50R. These are historical statistics, not a prediction.

What are the support and resistance levels for MMT?

Based on auto-detected, swing-derived levels (as of Jul 30, 2026), MMT's nearest support is around n/a and nearest resistance around $4.37.

What is the price target if MMT's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $4.20 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was MMT's closing price on Jul 30, 2026?

Mfs Multimarket Income (MMT) last closed at $4.34 on Jul 30, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.