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 3 out of 10 to EVG. Recently some decent action could be observed, but in the medium term time frame this is still negative. EVG was also a bad performer in the overall market in the last year.
EVG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.79, a Stop Loss order could be placed below this zone.
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10.17
When analyzing the support we notice one important area.
- A support zone ranging from 10.27 to 10.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.82 to 10.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.18 to 11.39. 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 EVG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVG is neutral. |
| ChartMill Relative Strength | 36.8 | 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 | NEGATIVE | The current price of EVG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.01 | NEUTRAL | The RSI value for EVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EVG has a negative trend. |
| Stochastics (14,3) | 24.17 | NEUTRAL | The Stochastics value for EVG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for EVG suggests low volalility. |
| Average Directional Index/ADX (14) | 10.05 | NEGATIVE | The low ADX value for EVG suggests a weak or negative trend. |
NYSE:EVG (6/23/2025, 8:08:08 PM)
10.8
0 (0%)