EATON VANCE T/A GL DVD INCM (ETG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ETG - US27828S1015
Overall ETG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ETG is showing a nice and steady performance.
Besides having an excellent technical rating, ETG 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 22.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
16.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.67 to 22.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.95 from a horizontal line in the daily time frame.
- Support @17.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.44 to 22.50. 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 ETG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETG is up. |
| ChartMill Relative Strength | 76.02 | POSITIVE | ETG has a high relative strength, it outperformed 76.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.46 | NEUTRAL | The RSI value for ETG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ETG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.6 | OVERBOUGHT | The high Stochastics value suggests ETG may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ETG suggests low volalility. |
| Average Directional Index/ADX (14) | 17.65 | NEGATIVE | The low ADX value for ETG suggests a weak or negative 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 |
|---|---|---|---|
| 22.51 | 21.19 | 1.32 (5.86%) | 17.05% |
| An entry @22.51. This is a Buy Stop order right above the resistance zone. | An exit @21.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.32 points, which is 5.86%. | For a 1.00% total portfolio risk, you can invest 17.05% of your capital in this trade. |
- 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:ETG (12/9/2025, 12:33:38 PM)
22.42
+0.13 (+0.58%)
EATON VANCE T/A GL DVD INCM / ETG FAQ
What is the technical rating for ETG stock?
ChartMill assigns a technical rating of 10 / 10 to ETG.
What is the trend direction for ETG stock?
The current trend direction for EATON VANCE T/A GL DVD INCM (ETG) is Bullish.
Can you provide the RSI signal for EATON VANCE T/A GL DVD INCM?
EATON VANCE T/A GL DVD INCM (ETG) has an RSI value of 57.4636. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EATON VANCE T/A GL DVD INCM?
The MACD indicator for EATON VANCE T/A GL DVD INCM (ETG) has a value of 0.058761, indicating a bearish trend.
What is the buy/sell signal for ETG stock?
The buy/sell signal for EATON VANCE T/A GL DVD INCM (ETG) is buy as both the short term and long term trends are positive.