EATON VANCE T/A GLBL DVD OPP (ETO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ETO - US27828U1060
Taking everything into account, ETO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ETO is showing a nice and steady performance.
ETO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
26.10
3 important support areas can be observed.
- A support zone ranging from 27.85 to 28.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.12 to 27.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.36 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.21 to 29.23. 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 ETO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETO is up. |
| ChartMill Relative Strength | 72.91 | POSITIVE | ETO has a high relative strength, it outperformed 72.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.78 | NEUTRAL | The RSI value for ETO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ETO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.85 | NEUTRAL | The Stochastics value for ETO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.27 | LOW VOLATILITY | The low ATR as a percentage value for ETO suggests low volalility. |
| Average Directional Index/ADX (14) | 13.83 | NEGATIVE | The low ADX value for ETO 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 |
|---|---|---|---|
| 29.24 | 28.19 | 1.05 (3.59%) | 25.00% |
| An entry @29.24. This is a Buy Stop order right above the resistance zone. | An exit @28.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.05 points, which is 3.59%. | For a 0.90% total portfolio risk, you can invest 25.00% 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:ETO (12/22/2025, 8:04:00 PM)
29.2
+0.08 (+0.27%)
EATON VANCE T/A GLBL DVD OPP / ETO FAQ
What is the technical rating for ETO stock?
ChartMill assigns a technical rating of 9 / 10 to ETO.
What is the current trend direction of EATON VANCE T/A GLBL DVD OPP (ETO) stock?
The current trend direction for EATON VANCE T/A GLBL DVD OPP (ETO) is Bullish.
Can you provide the RSI signal for EATON VANCE T/A GLBL DVD OPP?
EATON VANCE T/A GLBL DVD OPP (ETO) has an RSI value of 59.7786. This indicates that the stock is currently neutral.
What is the MACD signal for EATON VANCE T/A GLBL DVD OPP (ETO) stock?
The MACD indicator for EATON VANCE T/A GLBL DVD OPP (ETO) has a value of -0.0243941, indicating a bearish trend.
What is the buy/sell signal for ETO stock?
The buy/sell signal for EATON VANCE T/A GLBL DVD OPP (ETO) is buy as both the short term and long term trends are positive.