EATON VANCE MUNI INC 2028 TM (ETX) Stock Technical Analysis
USA - NYSE:ETX - US27829U1051
Taking everything into account, ETX scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ETX is only an average performer.
ETX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ETX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
17.43
We found 2 important support areas.
- A support zone ranging from 18.36 to 19.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.61 to 17.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.46 to 19.65. 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 ETX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETX is neutral. |
| ChartMill Relative Strength | 56.34 | NEUTRAL | ETX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.5 | NEUTRAL | The RSI value for ETX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ETX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.97 | NEUTRAL | The Stochastics value for ETX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for ETX suggests low volalility. |
| Average Directional Index/ADX (14) | 39.25 | POSITIVE | The high ADX value value for ETX suggests a strong 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 |
|---|---|---|---|
| 19.66 | 18.95 | 0.71 (3.61%) | 25.00% |
| An entry @19.66. This is a Buy Stop order right above the resistance zone. | An exit @18.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.71 points, which is 3.61%. | 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:ETX (11/10/2025, 8:04:00 PM)
19.31
+0.02 (+0.1%)
EATON VANCE MUNI INC 2028 TM / ETX FAQ
What is the technical rating for ETX stock?
ChartMill assigns a technical rating of 6 / 10 to ETX.
Can you provide the trend direction for EATON VANCE MUNI INC 2028 TM?
The current trend direction for EATON VANCE MUNI INC 2028 TM (ETX) is Bullish.
What is the RSI signal for EATON VANCE MUNI INC 2028 TM (ETX) stock?
EATON VANCE MUNI INC 2028 TM (ETX) has an RSI value of 53.5023. This indicates that the stock is currently neutral.
What is the short term momentum for EATON VANCE MUNI INC 2028 TM (ETX) stock?
The short term momentum for EATON VANCE MUNI INC 2028 TM (ETX) is neutral.