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EATON VANCE T/M BUY-WRT INC (ETB) Stock Technical Analysis

NYSE:ETB - New York Stock Exchange, Inc. - US27828X1000 - Currency: USD

14.54  +0.1 (+0.69%)

Technical Rating and Analysis

7

Taking everything into account, ETB scores 7 out of 10 in our technical rating. ETB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

Both the short term and long term trends are positive. This is a very positive sign.
ETB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ETB is lagging the market slightly.
When compared to the yearly performance of all other stocks, ETB outperforms 50% of them, which is more or less in line with the market.
In the last month ETB has a been trading in a tight range between 13.92 and 14.55.
Weekly and Daily overview Charts
EATON VANCE T/M BUY-WRT INC / ETB Weekly stock chart
EATON VANCE T/M BUY-WRT INC / ETB Daily stock chart
Setup Rating and Analysis

6

ETB has an excellent technical rating, but 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.

Support and Resistance Analysis

12.35

15.44

We found 3 important support areas.

  • A support zone ranging from 13.88 to 14.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.62 to 13.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.47 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 15.28 to 15.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ETB is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ETB is up.
ChartMill Relative Strength50NEUTRALETB is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ETB is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ETB is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ETB is above the rising SMA(200).
Relative Strength Index/RSI (14)73.49OVERBOUGHTThe high RSI value suggests ETB may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests ETB has a positive trend.
Stochastics (14,3)92.04OVERBOUGHTThe high Stochastics value suggests ETB may be overbought.
Average True Range in percent/ATR (20)0.84LOW VOLATILITYThe low ATR as a percentage value for ETB suggests low volalility.
Average Directional Index/ADX (14)20.87NEUTRALThe ADX value for ETB suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
14.5613.940.62 (4.26%)23.48%
An entry @14.56. This is a Buy Stop order right above the 10 day high.An exit @13.94. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.62 points, which is 4.26%.When investing 23.48% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
EATON VANCE T/M BUY-WRT INC / ETB Daily stock chart

EATON VANCE T/M BUY-WRT INC

NYSE:ETB (7/3/2025, 7:20:32 PM)

14.54

+0.1 (+0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.69%
1 Week1.75%
2 Weeks3.86%
1 Month3.64%
3 Month17.83%
6 Month-3%
12 Month2.11%
2 Year5.44%
3 Year-12.09%
5 Year4.6%
10 Year-12.57%
15 Year1.04%
Volatility
ATR(14)0.12
ATR(20)%0.84%
ATR Inc-19.61%
Range Today0.07
ADR(20)0.11
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50
Mansfield-0.6
10 Day High14.55
10 Day Low13.95
20 Day High14.55
20 Day Low13.92
52 Week High15.35
52 Week Low11.03
CS1 End14.32
CR1 Start15.28
Volume & EV
DER(3)3.5%
DER(5)2.32%
Volume54.00K
Volume Incr14.15%
Vol(5)72.88K
Vol(50)66.86K