EATON VANCE TAX MAN GLBL BR (ETW)
US27829C1053
8.165 +0.1 (+1.3%)
Technical Rating
Overall ETW gets a technical rating of 4 out of 10. In the last year, ETW was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, ETW turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
In the last month ETW has a been trading in a tight range between 7.97 and 8.22.
ETW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Statistics
Support/Resistance Analysis
7.48
8.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.06 to 8.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.91 from a horizontal line in the daily time frame.
- Support @7.76 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.56 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.20 to 8.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.54 from a horizontal line in the daily time frame.
Setup Analysis
Setup Rating
Although the technical rating is only medium, ETW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
EATON VANCE TAX MAN GLBL BR
NYSE:ETW (6/2/2023, 12:24:42 PM)
8.165
+0.1 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.3%
1 Week0.62%
2 Weeks-0.74%
1 Month0.75%
3 MonthN/A
6 Month-2.77%
12 Month-7.89%
Volatility
ATR(14)0.08
ATR(20)%0.92%
ATR Inc-14.31%
Range Today0.07
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.84
Mansfield-0.84
10 Day High8.22
10 Day Low7.98
20 Day High8.22
20 Day Low7.97
52 Week High9.5
52 Week Low7.57
CS1 End7.91
CR1 Start8.08
Volume & EV
DER(3)-2.12%
DER(5)-2.18%
Volume162.85K
Volume Incr-6.77%
Vol(5)236.94K
Vol(50)249.22K
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