EATON VANCE TAX-MGD DIV EQTY (ETY) Stock Technical Analysis
NYSE:ETY - New York Stock Exchange, Inc. - US27828N1028 - Currency: USD
Overall ETY gets a technical rating of 7 out of 10. ETY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
ETY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ETY is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, ETY turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
In the last month ETY has a been trading in a tight range between 14.48 and 15.30.
Besides having an excellent technical rating, ETY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 14.92, a Stop Loss order could be placed below this zone.
More info and screens
12.71
15.84
2 important support areas can be observed.
- A support zone ranging from 14.91 to 14.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.84 to 12.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.99 to 15.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.62 to 15.68. 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 ETY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETY is up. |
| ChartMill Relative Strength | 61.84 | NEUTRAL | ETY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.28 | NEUTRAL | The RSI value for ETY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ETY has a negative trend. |
| Stochastics (14,3) | 37.68 | NEUTRAL | The Stochastics value for ETY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for ETY suggests low volalility. |
| Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for ETY 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)
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 |
|---|---|---|---|
| 15.12 | 14.91 | 0.21 (1.36%) | 25.00% |
| An entry @15.12. This is a Buy Stop order right above the 10 day moving average. | An exit @14.91. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.21 points, which is 1.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- The distance between exit and entry is rather small compared to the average daily movement of ETY. Please evaluate whether better entry and exit points can be found.
- 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:ETY (6/20/2025, 8:04:00 PM)
14.93
-0.09 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.6%
1 Week-2.1%
2 Weeks-0.47%
1 Month1.98%
3 Month3.18%
6 Month-0.07%
12 Month7.18%
2 Year19.82%
3 Year31.77%
5 Year38.5%
10 Year31.31%
15 Year37.86%
Volatility
ATR(14)0.15
ATR(20)%1.07%
ATR Inc-6.95%
Range Today0.16
ADR(20)0.15
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.84
Mansfield-0.08
10 Day High15.3
10 Day Low14.92
20 Day High15.3
20 Day Low14.48
52 Week High15.69
52 Week Low11.82
CS1 End14.92
CR1 Start14.99
Volume & EV
DER(3)-1.36%
DER(5)2.25%
Volume199.70K
Volume Incr-24.32%
Vol(5)188.98K
Vol(50)258.94K