EATON VANCE SR FLTG RATE TR (EFR) Stock Technical Analysis
NYSE:EFR - New York Stock Exchange, Inc. - US27828Q1058 - Currency: USD
Overall EFR gets a technical rating of 1 out of 10. EFR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EFR is a bad performer in the overall market: 71% of all stocks are doing better.
EFR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EFR is lagging the market slightly.
In the last month EFR has a been trading in a tight range between 11.75 and 12.05.
EFR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.94, 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
11.30
13.48
2 important support areas can be observed.
- A support zone ranging from 11.80 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.99 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.38 from a horizontal line in the daily time frame.
- Strong resistance @12.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 13.24 to 13.35. 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 EFR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EFR is neutral. |
| ChartMill Relative Strength | 29.73 | NEGATIVE | EFR has a low relative strength, it was outperformed by 70.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EFR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EFR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.92 | NEUTRAL | The RSI value for EFR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EFR has a positive trend. |
| Stochastics (14,3) | 52.58 | NEUTRAL | The Stochastics value for EFR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for EFR suggests low volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for EFR suggests a weak or negative 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)
11.97
+0.07 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.59%
1 Week0.84%
2 Weeks0%
1 Month0.17%
3 Month-7.35%
6 Month-7.92%
12 Month-8.9%
2 Year7.07%
3 Year-1.24%
5 Year6.97%
10 Year-16.53%
15 Year-19.34%
Volatility
ATR(14)0.11
ATR(20)%0.98%
ATR Inc12.42%
Range Today0.16
ADR(20)0.11
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.73
Mansfield-0.86
10 Day High12
10 Day Low11.75
20 Day High12.05
20 Day Low11.75
52 Week High13.38
52 Week Low10.4
CS1 End11.94
CR1 Start11.99
Volume & EV
DER(3)-9.2%
DER(5)-7.15%
Volume144.00K
Volume Incr2.9%
Vol(5)84.14K
Vol(50)116.31K