EATON VANCE MUNI INC 2028 TM (ETX) Stock Technical Analysis
NYSE:ETX - New York Stock Exchange, Inc. - US27829U1051 - Currency: USD
We assign a technical rating of 3 out of 10 to ETX. In the past year, ETX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
66% of all other stocks performed better in the past year than ETX.
Warning: ETX has an average volume of 24246 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ETX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETX is lagging the market slightly.
In the last month ETX has a been trading in a tight range between 18.00 and 18.25.
Although the technical rating is bad, ETX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.14, a Stop Loss order could be placed below this zone.
More info and screens
17.43
19.19
When analyzing the support we notice one important area.
- A support zone ranging from 17.61 to 18.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.36 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.82 to 19.00. 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 | NEUTRAL | NEUTRAL | The long term trend for ETX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETX is up. |
| ChartMill Relative Strength | 34.31 | 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) | DOWN | MIXED | The current price of ETX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.24 | NEUTRAL | The RSI value for ETX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ETX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.33 | NEUTRAL | The Stochastics value for ETX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for ETX suggests low volalility. |
| Average Directional Index/ADX (14) | 28.6 | POSITIVE | The high ADX value value for ETX 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:ETX (8/1/2025, 8:04:00 PM)
18.18
-0.02 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week0.44%
2 Weeks0.89%
1 Month0.06%
3 Month0.72%
6 Month0%
12 Month-2.65%
2 Year6.57%
3 Year-10.04%
5 Year-15.3%
10 Year5.39%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.54%
ATR Inc-6.94%
Range Today0.09
ADR(20)0.09
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.31
Mansfield-0.7
10 Day High18.25
10 Day Low18.05
20 Day High18.25
20 Day Low18
52 Week High19.44
52 Week Low17.48
CS1 End18.14
CR1 Start18.36
Volume & EV
DER(3)0.93%
DER(5)0.49%
Volume20.20K
Volume Incr-24.67%
Vol(5)18.96K
Vol(50)24.25K