Overall EVHY gets a technical rating of 7 out of 10. Although EVHY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
EVHY 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 support zone below the current price at 53.37, a Stop Loss order could be placed below this zone.
50.11
We found 1 important support area.
When analyzing the resistance we notice one important area.
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 EVHY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVHY is up. |
| ChartMill Relative Strength | 40.64 | NEUTRAL | EVHY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVHY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVHY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVHY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.72 | NEUTRAL | The RSI value for EVHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EVHY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.29 | NEUTRAL | The Stochastics value for EVHY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for EVHY suggests low volalility. |
| Average Directional Index/ADX (14) | 9.97 | NEGATIVE | The low ADX value for EVHY suggests a weak or negative 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 |
|---|---|---|---|
| 53.44 | 53.23 | 0.21 (0.39%) | 25.00% |
| An entry @53.44. This is a Buy Stop order right above the 10 day high. | An exit @53.23. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 0.39%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:EVHY (12/15/2025, 8:26:33 PM)
53.3681
+0.06 (+0.1%)
ChartMill assigns a technical rating of 7 / 10 to EVHY.
The current trend direction for EATON VANCE HIGH YIELD ETF (EVHY) is Bullish.
EATON VANCE HIGH YIELD ETF (EVHY) has an RSI value of 53.7209. This indicates that the stock is currently neutral.
The short term momentum for EATON VANCE HIGH YIELD ETF (EVHY) is positive.
The buy/sell signal for EATON VANCE HIGH YIELD ETF (EVHY) is buy as both the short term and long term trends are positive.