EATON VANCE CAL MUNI BOND (EVM) Stock Technical Analysis
NYSEARCA:EVM - US27828A1007
Overall EVM gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EVM was also a bad performer in the overall market in the last year.
EVM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EVM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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8.50
We found 1 important support area.
- A support zone ranging from 8.59 to 8.95. 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 3 important areas.
- A resistance zone ranging from 8.99 to 9.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.35 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 | NEUTRAL | NEUTRAL | The long term trend for EVM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVM is up. |
| ChartMill Relative Strength | 26.27 | NEGATIVE | EVM has a low relative strength, it was outperformed by 73.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVM is above the rising 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) | DOWN | NEGATIVE | The current price of EVM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.83 | NEUTRAL | The RSI value for EVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EVM has a negative trend. |
| Stochastics (14,3) | 57.14 | NEUTRAL | The Stochastics value for EVM is a neutral value. |
| 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) | 26.46 | POSITIVE | The high ADX value value for EVM suggests a strong trend. |
NYSEARCA:EVM (8/27/2025, 8:04:00 PM)
8.95
-0.04 (-0.44%)