EATON VANCE SHORT DUR DIV IN (EVG) Stock Technical Analysis
NYSE:EVG - New York Stock Exchange, Inc. - US27828V1044 - Currency: USD
We assign a technical rating of 5 out of 10 to EVG. In the last year, EVG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, EVG does present a nice setup opportunity. 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 10.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
10.17
We found 2 important support areas.
- A support zone ranging from 10.68 to 10.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.27 to 10.50. 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 11.06 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 EVG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVG is neutral. |
| ChartMill Relative Strength | 41.18 | NEUTRAL | EVG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EVG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for EVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EVG has a negative trend. |
| Stochastics (14,3) | 21.28 | NEUTRAL | The Stochastics value for EVG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for EVG suggests low volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for EVG suggests a strong trend. |
NYSE:EVG (7/22/2025, 8:04:13 PM)
11.01
-0.04 (-0.36%)