EATON VANCE MUNICIPAL BOND (EIM) Stock Technical Analysis
USA - NYSEARCA:EIM - US27827X1019
Taking everything into account, EIM scores 4 out of 10 in our technical rating. In the last year, EIM was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, EIM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EIM in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
9.23
2 important support areas can be observed.
- A support zone ranging from 9.85 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.32 to 9.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.02 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.46 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.82 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 | UP | POSITIVE | The long term trend for EIM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIM is neutral. |
| ChartMill Relative Strength | 37.86 | NEUTRAL | EIM is not amongst the best or worst performers 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 | MIXED | The current price of EIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for EIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EIM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.33 | NEUTRAL | The Stochastics value for EIM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for EIM suggests low volalility. |
| Average Directional Index/ADX (14) | 17.06 | NEGATIVE | The low ADX value for EIM suggests a weak or negative trend. |
NYSEARCA:EIM (10/10/2025, 9:22:52 PM)
9.96
+0.02 (+0.2%)