Technical Analysis for EVN - Eaton Vance Municipal Income Trust

Grade Last Price % Change Price Change
C 10.01 0.37% 0.04
EVN closed up 0.55 percent on Friday, May 31, 2024, on 77 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.37%
Stochastic Buy Signal Bullish 0.37%
NR7 Range Contraction 0.37%
NR7-2 Range Contraction 0.37%
Narrow Range Bar Range Contraction 0.37%
Gapped Up Strength 0.37%
Oversold Stochastic Weakness 0.37%
Spinning Top Other 0.93%
NR7 Range Contraction 0.93%
Down 3 Days in a Row Weakness 0.93%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home. Eaton Vance Municipal Income Trust was formed in 1998 and is domiciled in United States.
Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Exchange Traded Fund ETF Mutual Fund Income Trust Electric Utilities Eaton Vance Cogeneration

Is EVN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 10.3559
52 Week Low 8.3901
Average Volume 95,757
200-Day Moving Average 9.53
50-Day Moving Average 9.98
20-Day Moving Average 10.05
10-Day Moving Average 10.03
Average True Range 0.09
RSI (14) 47.64
ADX 20.71
+DI 20.41
-DI 21.06
Chandelier Exit (Long, 3 ATRs) 9.94
Chandelier Exit (Short, 3 ATRs) 10.01
Upper Bollinger Bands 10.20
Lower Bollinger Band 9.90
Percent B (%b) 0.26
BandWidth 2.96
MACD Line 0.00
MACD Signal Line 0.02
MACD Histogram -0.0182
Fundamentals Value
Market Cap 395.68 Million
Num Shares 39.7 Million
EPS 0.34
Price-to-Earnings (P/E) Ratio 29.34
Price-to-Sales 14.05
Price-to-Book 0.93
PEG Ratio 0.00
Dividend 0.48
Dividend Yield 4.81%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.02
Resistance 3 (R3) 10.02 10.01 10.01
Resistance 2 (R2) 10.01 9.99 10.01 10.01
Resistance 1 (R1) 9.99 9.99 10.00 9.99 10.01
Pivot Point 9.97 9.97 9.98 9.97 9.97
Support 1 (S1) 9.96 9.96 9.97 9.96 9.94
Support 2 (S2) 9.94 9.96 9.94 9.94
Support 3 (S3) 9.93 9.94 9.94
Support 4 (S4) 9.93