EATON VANCE T/A GL DVD INCM (ETG) Stock Technical Analysis
NYSE:ETG - New York Stock Exchange, Inc. - US27828S1015 - Currency: USD
We assign a technical rating of 7 out of 10 to ETG. Although ETG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ETG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ETG is performing more or less in line with the market.
Looking at the yearly performance, ETG did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ETG has a been trading in the 19.42 - 20.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ETG has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
16.87
20.79
3 important support areas can be observed.
- A support zone ranging from 19.94 to 19.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.24 to 19.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.04 to 17.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.14 to 20.58. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ETG is neutral. |
| ChartMill Relative Strength | 71.11 | POSITIVE | ETG has a high relative strength, it outperformed 71.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETG is below 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) | 50.18 | NEUTRAL | The RSI value for ETG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ETG has a negative trend. |
| Stochastics (14,3) | 28.72 | NEUTRAL | The Stochastics value for ETG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for ETG suggests low volalility. |
| Average Directional Index/ADX (14) | 28.12 | POSITIVE | The high ADX value value for ETG suggests a strong 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)
NYSE:ETG (6/20/2025, 8:04:00 PM)
19.95
-0.2 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.99%
1 Week-3.06%
2 Weeks-0.89%
1 Month0.96%
3 Month7.55%
6 Month9.14%
12 Month8.31%
2 Year19.46%
3 Year23.84%
5 Year39.71%
10 Year18.26%
15 Year67.23%
Volatility
ATR(14)0.21
ATR(20)%1.06%
ATR Inc9.22%
Range Today0.31
ADR(20)0.19
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.11
Mansfield0.21
10 Day High20.6
10 Day Low19.87
20 Day High20.6
20 Day Low19.42
52 Week High20.6
52 Week Low15.04
CS1 End19.94
CR1 Start20.14
Volume & EV
DER(3)-9.84%
DER(5)-7.91%
Volume86.50K
Volume Incr-23.92%
Vol(5)93.58K
Vol(50)135.98K