EATON VANCE SHORT DUR DIV IN (EVG) Stock Technical Analysis
NYSE:EVG - US27828V1044
Taking everything into account, EVG scores 7 out of 10 in our technical rating. Although EVG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EVG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.23, 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
2 important support areas can be observed.
- A support zone ranging from 10.72 to 11.23. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.25 to 11.40. 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 | UP | POSITIVE | The short term trend for EVG is up. |
| ChartMill Relative Strength | 44.1 | NEUTRAL | EVG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVG is above 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) | 53.77 | NEUTRAL | The RSI value for EVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVG has a negative trend. |
| Stochastics (14,3) | 43.25 | NEUTRAL | The Stochastics value for EVG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for EVG suggests low volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for EVG suggests a possible start of a new 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 |
|---|---|---|---|
| 11.41 | 11.08 | 0.33 (2.89%) | 25.00% |
| An entry @11.41. This is a Buy Stop order right above the resistance zone. | An exit @11.08. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 2.89%. | For a 0.72% 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:EVG (8/22/2025, 8:05:20 PM)
11.24
+0.05 (+0.45%)