EATON VANCE CAL MUNI BOND (EVM) Stock Technical Analysis
NYSEARCA:EVM - NYSE Arca - US27828A1007 - Currency: USD
Taking everything into account, EVM scores 1 out of 10 in our technical rating. EVM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
79% of all other stocks performed better in the past year than EVM.
EVM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EVM has a been trading in a tight range between 8.57 and 9.01.
EVM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.50
9.88
We found 1 important support area.
- A support zone ranging from 8.59 to 8.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.80 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.12 to 9.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.43 to 9.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.78 to 9.78. 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 | DOWN | NEGATIVE | The long term trend for EVM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVM is up. |
| ChartMill Relative Strength | 21.92 | NEGATIVE | EVM has a low relative strength, it was outperformed by 78.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EVM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.05 | NEUTRAL | The RSI value for EVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EVM has a positive trend. |
| Stochastics (14,3) | 63.89 | NEUTRAL | The Stochastics value for EVM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for EVM suggests low volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for EVM suggests a possible start of a new 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)
8.79
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.11%
1 Week1.85%
2 Weeks1.74%
1 Month-2.01%
3 Month-2.55%
6 Month-6.98%
12 Month-9.33%
2 Year1.62%
3 Year-4.35%
5 Year-23.76%
10 Year-23.57%
15 Year-34.21%
Volatility
ATR(14)0.09
ATR(20)%1.09%
ATR Inc-20.82%
Range Today0.05
ADR(20)0.09
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.92
Mansfield-1.19
10 Day High8.89
10 Day Low8.57
20 Day High9.01
20 Day Low8.57
52 Week High9.81
52 Week Low8.49
CS1 End8.76
CR1 Start8.8
Volume & EV
DER(3)-2.1%
DER(5)-3.2%
Volume67.10K
Volume Incr34.26%
Vol(5)48.06K
Vol(50)58.15K