EATON VANCE CAL MUNI BOND (EVM) Stock Technical Analysis
NYSEARCA:EVM - NYSE Arca - US27828A1007 - Currency: USD
We assign a technical rating of 3 out of 10 to EVM. In the past year, EVM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, EVM is a bad performer in the overall market: 82% of all stocks are doing better.
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.
EVM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVM is lagging the market.
In the last month EVM has a been trading in a tight range between 8.73 and 8.98.
Although the technical rating is bad, EVM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 8.86, a Stop Loss order could be placed below this zone.
More info and screens
8.50
9.88
2 important support areas can be observed.
- A support zone ranging from 8.74 to 8.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.59 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 9.17 to 9.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.41 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 | 18.59 | NEGATIVE | EVM has a low relative strength, it was outperformed by 81.41% 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) | 54 | NEUTRAL | The RSI value for EVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EVM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.94 | OVERBOUGHT | The high Stochastics value suggests EVM may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for EVM suggests low volalility. |
| Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for EVM suggests a weak or negative 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 (7/1/2025, 4:15:00 PM)
8.89
-0.03 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.34%
1 Week0%
2 Weeks0.91%
1 Month0.91%
3 Month-4.31%
6 Month-5.32%
12 Month-7.59%
2 Year-0.45%
3 Year-8.82%
5 Year-23.16%
10 Year-22.63%
15 Year-31.09%
Volatility
ATR(14)0.08
ATR(20)%0.82%
ATR Inc29.05%
Range Today0.11
ADR(20)0.07
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.59
Mansfield-1.1
10 Day High8.98
10 Day Low8.73
20 Day High8.98
20 Day Low8.73
52 Week High9.81
52 Week Low8.49
CS1 End8.86
CR1 Start9.17
Volume & EV
DER(3)-0.35%
DER(5)2.2%
Volume21.13K
Volume Incr-46.73%
Vol(5)44.03K
Vol(50)63.63K