Taking everything into account, ENX scores 8 out of 10 in our technical rating. Although ENX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, ENX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.97, a Stop Loss order could be placed below this zone.
8.75
4 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 ENX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENX is up. |
| ChartMill Relative Strength | 60.97 | NEUTRAL | ENX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.87 | NEUTRAL | The RSI value for ENX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for ENX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for ENX suggests low volalility. |
| Average Directional Index/ADX (14) | 43.8 | POSITIVE | The high ADX value value for ENX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.08 | 9.94 | 0.14 (1.39%) | 25.00% |
| An entry @10.08. This is a Buy Stop order right above the resistance zone. | An exit @9.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 1.39%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:ENX (10/24/2025, 8:21:12 PM)
10
+0.02 (+0.2%)
ChartMill assigns a technical rating of 8 / 10 to ENX.
The current trend direction for EATON VANCE NEW YORK MUNICIP (ENX) is Bullish.
EATON VANCE NEW YORK MUNICIP (ENX) has an RSI value of 62.8716. This indicates that the stock is currently neutral.
The buy/sell signal for EATON VANCE NEW YORK MUNICIP (ENX) is buy as both the short term and long term trends are positive.
EATON VANCE NEW YORK MUNICIP (ENX) has a support level at 9.97 and a resistance level at 10. Check the full technical report for our detailed analysis of ENX support and resistance levels.