EATON VANCE CA MUNI INC TRST (CEV) Stock Technical Analysis
NYSEARCA:CEV - NYSE Arca - US27826F1012 - Currency: USD
We assign a technical rating of 0 out of 10 to CEV. CEV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
70% of all other stocks performed better in the past year than CEV.
CEV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CEV is lagging the market.
In the last month CEV has a been trading in a tight range between 9.51 and 9.86.
CEV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CEV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.33
10.65
When analyzing the support we notice one important area.
- A support zone ranging from 9.42 to 9.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.65 to 9.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.01 to 10.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CEV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEV is down. |
| ChartMill Relative Strength | 30.05 | NEUTRAL | CEV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.41 | NEUTRAL | The RSI value for CEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CEV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.74 | NEUTRAL | The Stochastics value for CEV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for CEV suggests low volalility. |
| Average Directional Index/ADX (14) | 26.09 | POSITIVE | The high ADX value value for CEV suggests a strong trend. |
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)
9.62
+0.03 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week0.21%
2 Weeks-1.33%
1 Month-1.84%
3 Month-7.05%
6 Month-9.67%
12 Month-8.73%
2 Year-2.63%
3 Year-12.94%
5 Year-23.95%
10 Year-26.68%
15 Year-25.43%
Volatility
ATR(14)0.09
ATR(20)%0.82%
ATR Inc-24.61%
Range Today0.06
ADR(20)0.07
ADR(20)%0.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.05
Mansfield-1.09
10 Day High9.82
10 Day Low9.51
20 Day High9.86
20 Day Low9.51
52 Week High11.29
52 Week Low9.31
CS1 End9.48
CR1 Start9.65
Volume & EV
DER(3)3.79%
DER(5)4.67%
Volume54.40K
Volume Incr-6.05%
Vol(5)32.70K
Vol(50)32.54K