EATON VANCE NEW YORK MUNICIP (ENX) Stock Technical Analysis
NYSEARCA:ENX - NYSE Arca - US27827Y1091 - Currency: USD
We assign a technical rating of 0 out of 10 to ENX. ENX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ENX is a bad performer in the overall market: 66% of all stocks are doing better.
ENX 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 ENX is lagging the market slightly.
In the last month ENX has a been trading in a tight range between 9.18 and 9.62.
Although the technical rating is bad, ENX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for ENX 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
8.75
10.17
When analyzing the support we notice one important area.
- A support zone ranging from 8.84 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.30 to 9.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.76 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.00 to 10.07. 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 ENX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENX is down. |
| ChartMill Relative Strength | 34.69 | NEUTRAL | ENX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.52 | NEUTRAL | The RSI value for ENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENX has a negative trend. |
| Stochastics (14,3) | 3.79 | OVERSOLD | The low Stochastics value suggests ENX may be oversold. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for ENX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.33 | NEGATIVE | The low ADX value for ENX 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)
NYSEARCA:ENX (5/30/2025, 8:04:00 PM)
9.19
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-1.18%
2 Weeks-1.29%
1 Month-3.06%
3 Month-6.61%
6 Month-7.08%
12 Month-3.87%
2 Year-0.22%
3 Year-7.73%
5 Year-21.25%
10 Year-26.77%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.33%
ATR Inc-33.01%
Range Today0.09
ADR(20)0.11
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.69
Mansfield-0.84
10 Day High9.46
10 Day Low9.18
20 Day High9.62
20 Day Low9.18
52 Week High10.14
52 Week Low8.74
CS1 End8.94
CR1 Start9.3
Volume & EV
DER(3)5.87%
DER(5)4.2%
Volume19.00K
Volume Incr-8.51%
Vol(5)23.12K
Vol(50)33.95K