EATON VANCE MUNICIPAL BOND (EIM)       10.4386  -0.09 (-0.87%)

10.4386  -0.09 (-0.87%)

US27827X1019

Technical Rating

6

We assign a technical rating of 6 out of 10 to EIM. EIM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.



The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EIM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month EIM has a been trading in a tight range between 10.22 and 10.70.
Considerably lower volume is observed in the last couple of days.
When comparing the yearly performance of all stocks, EIM is a bad performer in the overall market: 62% of all stocks are doing better.

Statistics

1 Month 3 Months 6 Months 12 Months 3.44% 10.84% -4.79% -14.25% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 38.69 9.38 - 12.46
EIM Weekly chart
EIM Daily chart

Support/Resistance Analysis


9.30

11.18
When analyzing the support we can see 2 important areas.
  • A support zone ranging from 10.31 to 10.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.39 to 9.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
  • A resistance zone ranging from 10.51 to 10.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.07 to 11.07. This zone is formed by a combination of multiple trend lines in the daily time frame.

Setup Analysis

Setup Rating

4

EIM has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.


EIM Daily chart

EATON VANCE MUNICIPAL BOND10.4386

NYSEARCA:EIM (2/6/2023, 1:43:29 PM)-0.09 (-0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today -0.87% 1 Week 0.48%
2 Weeks -0.75% 1 Month 3.44%
3 Month 10.84% 6 Month -4.79%

Volatility
ATR(14) 0.11 ATR(20)% 1.11%
ATR Inc 28.78% Range Today 0.07

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 38.69 Mansfield -0.36
10 Day High 10.7 10 Day Low 10.39
20 Day High 10.7 20 Day Low 10.22
52 Week High 12.46 52 Week Low 9.38
CS1 End 10.53 CR1 Start 10.56

Volume & EV
DER(3) -0.92% DER(5) 1.82%
Volume 97.47K Volume Incr -25.62%
Vol(5) 144.26K Vol(50) 227.90K

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