EATON VANCE CAL MUNI BOND (EVM) Technical Analysis
NYSEARCA:EVM • US27828A1007
Current stock price
9.46 USD
-0.08 (-0.84%)
At close:
9.52 USD
+0.06 (+0.63%)
After Hours:
EVM Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to EVM. EVM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- EVM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EVM is lagging the market slightly.
- When compared to the yearly performance of all other stocks, EVM outperforms 54% of them, which is more or less in line with the market.
- In the last month EVM has a been trading in a tight range between 9.46 and 9.74.
- Volume is considerably higher in the last couple of days.
EVM Weekly and Daily overview Charts
EVM Setup Rating and Analysis
EVM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EVM Support and Resistance Analysis
8.50
9.88
3 important support areas can be observed.
- A support zone ranging from 9.31 to 9.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.79 to 8.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 8.59 to 8.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.53 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.78 to 9.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
EVM Technical Indicator Signal Analysis
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 EVM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVM is neutral. |
| ChartMill Relative Strength | 54.48 | NEUTRAL | EVM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for EVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EVM has a negative trend. |
| Stochastics (14,3) | 36.11 | NEUTRAL | The Stochastics value for EVM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for EVM suggests low volalility. |
| Average Directional Index/ADX (14) | 63.16 | POSITIVE | The high ADX value value for EVM suggests a strong trend. |
EVM Chart- and CandleStick Pattern Analysis
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)
EVM Technicals: Chart, Performance Metrics, Trend & Indicators
9.46
-0.08 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.84%
1 Week-0.94%
2 Weeks-0.63%
1 Month-0.42%
3 Month9.68%
6 Month6.47%
12 Month1.72%
2 Year23.34%
3 Year16.79%
5 Year-15.76%
10 Year-21.43%
15 Year-27.79%
Volatility
ATR(14)0.06
ATR(20)%0.78%
ATR Inc84.31%
Range Today0.13
ADR(20)0.07
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.48
3 months CRS69.68
6 months CRS47.66
Mansfield-0.83
10 Day High9.63
10 Day Low9.46
20 Day High9.74
20 Day Low9.46
52 Week High9.74
52 Week Low8.49
CS1 End9.45
CR1 Start9.53
Volume & EV
DER(3)-3.34%
DER(5)-2.36%
Volume376.40K
Volume Incr116.23%
Vol(5)120.46K
Vol(50)70.17K
EATON VANCE CAL MUNI BOND / EVM TA FAQ
What is the technical rating for EVM stock?
ChartMill assigns a technical rating of 6 / 10 to EVM.
What is the trend direction for EVM stock?
The current trend direction for EATON VANCE CAL MUNI BOND (EVM) is Bullish.
What is the RSI signal for EVM stock?
EATON VANCE CAL MUNI BOND (EVM) has an RSI value of 46.7225. This indicates that the stock is currently neutral.
What is the short term momentum for EVM stock?
The short term momentum for EATON VANCE CAL MUNI BOND (EVM) is neutral.