EATON VANCE MUNICIPAL BOND (EIM) Stock Technical Analysis
NYSEARCA:EIM - NYSE Arca - US27827X1019 - Currency: USD
We assign a technical rating of 2 out of 10 to EIM. Recently some decent action could be observed, but in the medium term time frame this is still negative. EIM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, EIM is a bad performer in the overall market: 78% of all stocks are doing better.
EIM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EIM has a been trading in a tight range between 9.41 and 9.67.
Although the technical rating is bad, EIM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.56, a Stop Loss order could be placed below this zone.
More info and screens
9.23
11.05
When analyzing the support we notice one important area.
- A support zone ranging from 9.32 to 9.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.62 to 9.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.90 to 9.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.72 to 10.94. 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 EIM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIM is up. |
| ChartMill Relative Strength | 22.49 | NEGATIVE | EIM has a low relative strength, it was outperformed by 77.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EIM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.52 | NEUTRAL | The RSI value for EIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EIM has a positive trend. |
| Stochastics (14,3) | 72.44 | NEUTRAL | The Stochastics value for EIM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for EIM suggests low volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for EIM suggests a possible start of a new 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)
NYSEARCA:EIM (8/4/2025, 8:04:00 PM)
9.595
-0.02 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week0.79%
2 Weeks1.64%
1 Month-0.16%
3 Month-2.98%
6 Month-6.84%
12 Month-8.18%
2 Year-0.05%
3 Year-9.4%
5 Year-26.39%
10 Year-22.12%
15 Year-30.92%
Volatility
ATR(14)0.07
ATR(20)%0.7%
ATR Inc6.17%
Range Today0.03
ADR(20)0.06
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.49
Mansfield-1.24
10 Day High9.67
10 Day Low9.42
20 Day High9.67
20 Day Low9.41
52 Week High10.93
52 Week Low9.27
CS1 End9.56
CR1 Start9.62
Volume & EV
DER(3)-0.98%
DER(5)-2.58%
Volume111.50K
Volume Incr-10.98%
Vol(5)112.66K
Vol(50)135.84K