EATON VANCE CAL MUNI BOND (EVM) Stock Technical Analysis
NYSEARCA:EVM - NYSE Arca - US27828A1007 - Currency: USD
Taking everything into account, EVM scores 0 out of 10 in our technical rating. EVM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EVM is a bad performer in the overall market: 81% of all stocks are doing better.
EVM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EVM has a been trading in a tight range between 8.57 and 9.02.
The technical rating of EVM is bad and it also does not present a quality setup 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
When analyzing the support we notice one important area.
- 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.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.72 to 8.90. 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 9.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.39 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 | DOWN | NEGATIVE | The short term trend for EVM is down. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | EVM has a low relative strength, it was outperformed by 80.38% off all stocks 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) | 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) | 33.23 | NEUTRAL | The RSI value for EVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EVM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.45 | OVERSOLD | The low Stochastics value suggests EVM may be oversold. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for EVM suggests low volalility. |
| Average Directional Index/ADX (14) | 24.87 | 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)
NYSEARCA:EVM (7/24/2025, 8:04:00 PM)
8.61
-0.03 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.35%
1 Week-1.03%
2 Weeks-4.44%
1 Month-2.49%
3 Month-3.1%
6 Month-8.4%
12 Month-9.65%
2 Year-3.58%
3 Year-11.69%
5 Year-25.58%
10 Year-25.07%
15 Year-33.26%
Volatility
ATR(14)0.09
ATR(20)%0.99%
ATR Inc-23.74%
Range Today0.05
ADR(20)0.08
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.62
Mansfield-1.5
10 Day High9.01
10 Day Low8.57
20 Day High9.02
20 Day Low8.57
52 Week High9.81
52 Week Low8.49
CS1 End8.6
CR1 Start8.72
Volume & EV
DER(3)-1.25%
DER(5)-0.68%
Volume79.80K
Volume Incr10.22%
Vol(5)46.22K
Vol(50)61.11K