EATON VANCE TAX-MANAGED GLOB (EXG) Stock Technical Analysis
NYSE:EXG - New York Stock Exchange, Inc. - US27829F1084 - Currency: USD
We assign a technical rating of 8 out of 10 to EXG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EXG is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
EXG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EXG is performing more or less in line with the market.
EXG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, EXG outperforms 61% of them, which is more or less in line with the market.
In the last month EXG has a been trading in a tight range between 8.14 and 8.58.
Besides having an excellent technical rating, EXG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.36
8.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.27 to 8.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.43 to 7.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.68 to 8.78. 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 | UP | POSITIVE | The long term trend for EXG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXG is up. |
| ChartMill Relative Strength | 61.44 | NEUTRAL | EXG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.84 | NEUTRAL | The RSI value for EXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EXG has a negative trend. |
| Stochastics (14,3) | 89.74 | OVERBOUGHT | The high Stochastics value suggests EXG may be overbought. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for EXG suggests low volalility. |
| Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for EXG 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.59 | 8.37 | 0.22 (2.56%) | 25.00% |
| An entry @8.59. This is a Buy Stop order right above the 10 day high. | An exit @8.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.22 points, which is 2.56%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:EXG (5/30/2025, 10:39:56 AM)
8.585
+0.02 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.18%
1 Week1.06%
2 Weeks0.23%
1 Month6.06%
3 Month2.39%
6 Month1.54%
12 Month3.63%
2 Year10.44%
3 Year-1.04%
5 Year18.86%
10 Year-14.04%
15 Year-17.2%
Volatility
ATR(14)0.09
ATR(20)%1.14%
ATR Inc-24.54%
Range Today0.04
ADR(20)0.08
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.44
Mansfield-0.08
10 Day High8.58
10 Day Low8.38
20 Day High8.58
20 Day Low8.14
52 Week High8.8
52 Week Low6.74
CS1 End8.52
CR1 Start8.68
Volume & EV
DER(3)-3.17%
DER(5)0.45%
Volume255.33K
Volume Incr-20.68%
Vol(5)446.36K
Vol(50)695.59K