EATON VANCE ENHANCED EQ INCM (EOI) Stock Technical Analysis
NYSE:EOI - New York Stock Exchange, Inc. - US2782741050 - Currency: USD
Taking everything into account, EOI scores 7 out of 10 in our technical rating. EOI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, EOI also presents a decent setup pattern. 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 21.04. Right above this resistance zone may be a good entry point.
More info and screens
17.13
We found 2 important support areas.
- A support zone ranging from 20.05 to 20.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @21.04 from a trend line in the daily time frame.
- A resistance zone ranging from 21.61 to 21.98. 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 EOI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EOI is up. |
| ChartMill Relative Strength | 61.05 | NEUTRAL | EOI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EOI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EOI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EOI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.91 | NEUTRAL | The RSI value for EOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EOI has a negative trend. |
| Stochastics (14,3) | 91.99 | OVERBOUGHT | The high Stochastics value suggests EOI may be overbought. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for EOI suggests low volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for EOI 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 |
|---|---|---|---|
| 21.05 | 20.60 | 0.45 (2.14%) | 25.00% |
| An entry @21.05. This is a Buy Stop order right above the resistance zone. | An exit @20.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 2.14%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:EOI (7/11/2025, 8:07:41 PM)
20.97
-0.02 (-0.1%)