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EATON VANCE TAX-MGD DIV EQTY (ETY) Stock Technical Analysis

NYSE:ETY - New York Stock Exchange, Inc. - US27828N1028 - Currency: USD

15.81  +0.07 (+0.44%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to ETY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ETY is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ETY did better than 70% of all other stocks.
ETY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ETY has a been trading in a tight range between 15.10 and 15.87.
Weekly and Daily overview Charts
EATON VANCE TAX-MGD DIV EQTY / ETY Weekly stock chart
EATON VANCE TAX-MGD DIV EQTY / ETY Daily stock chart
Setup Rating and Analysis

8

ETY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.71, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

12.71

15.98

We found 4 important support areas.

  • A support zone ranging from 15.08 to 15.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.73 from a horizontal line in the daily time frame.
  • Support @13.17 from a trend line in the weekly time frame.
  • Support @12.84 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 15.82 to 15.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ETY is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ETY is up.
ChartMill Relative Strength70.25POSITIVEETY has a high relative strength, it outperformed 70.25% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ETY is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ETY is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ETY is above the rising SMA(200).
Relative Strength Index/RSI (14)60.46NEUTRALThe RSI value for ETY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ETY has a negative trend, although the MACD value is rising.
Stochastics (14,3)90.41OVERBOUGHTThe high Stochastics value suggests ETY may be overbought.
Average True Range in percent/ATR (20)1.16LOW VOLATILITYThe low ATR as a percentage value for ETY suggests low volalility.
Average Directional Index/ADX (14)23.53NEUTRALThe ADX value for ETY suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
15.8315.090.74 (4.67%)21.39%
An entry @15.83. This is a Buy Stop order right above the resistance zone.An exit @15.09. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.74 points, which is 4.67%.For a 1.00% total portfolio risk, you can invest 21.39% 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.
EATON VANCE TAX-MGD DIV EQTY / ETY Daily stock chart

EATON VANCE TAX-MGD DIV EQTY

NYSE:ETY (8/8/2025, 8:04:00 PM)

15.81

+0.07 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week2%
2 Weeks0.64%
1 Month1.15%
3 Month10.95%
6 Month3%
12 Month15.65%
2 Year29.8%
3 Year22.37%
5 Year37.6%
10 Year45.45%
15 Year40.53%
Volatility
ATR(14)0.2
ATR(20)%1.16%
ATR Inc-28.14%
Range Today0.12
ADR(20)0.18
ADR(20)%1.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.25
Mansfield-0.18
10 Day High15.87
10 Day Low15.1
20 Day High15.87
20 Day Low15.1
52 Week High15.87
52 Week Low11.82
CS1 End15.71
CR1 Start15.82
Volume & EV
DER(3)-1.05%
DER(5)-2.08%
Volume175.00K
Volume Incr-26.96%
Vol(5)174.16K
Vol(50)225.13K