Technical Analysis for ETX - Eaton Vance Municipal Income Term Trust

Grade Last Price % Change Price Change
A 18.26 -0.65% -0.12
ETX closed down 0.65 percent on Tuesday, May 7, 2024, on 2.19 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.65%
NR7 Range Contraction -0.65%
Upper Bollinger Band Walk Strength -0.65%
Overbought Stochastic Strength -0.65%
New 52 Week Closing High Bullish -0.60%
Cup with Handle Other -0.60%
New 52 Week High Strength -0.60%
Upper Bollinger Band Walk Strength -0.60%
Gapped Up Strength -0.60%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 19 hours ago
Down 1% about 19 hours ago
Down 1 ATR about 19 hours ago
60 Minute Opening Range Breakdown about 20 hours ago
2x Volume Pace about 21 hours ago

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Profile

Eaton Vance Municipal Income Term Trust Description

Eaton Vance Municipal Income 2028 Term Trust (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal obligations, a portion of which will be investment grade and a portion of which may be below investment grade at the time of investment. The Trust's portfolio of investments include education, electric utilities, general obligations, escrowed/prerefunded, hospital, housing, industrial development, insured-electric utilities, insured-general obligations, insured-water and sewer, insured-transportation, student loan, senior living or life care, bond bank, water and sewer, transportation and others. The Trust invests primarily in debt securities issued by municipalities. The Trust's investment advisor is Eaton Vance Management.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Exchange Traded Fund ETF Insurance Debt Securities Insurance Industry Electric Utilities Eaton Vance Escrow Student Loan Insured Electric Utilities Insured Transportation

Is ETX 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 18.4873
52 Week Low 15.9706
Average Volume 35,474
200-Day Moving Average 17.16
50-Day Moving Average 17.97
20-Day Moving Average 18.02
10-Day Moving Average 18.22
Average True Range 0.18
RSI (14) 59.18
ADX 29.82
+DI 27.35
-DI 20.72
Chandelier Exit (Long, 3 ATRs) 17.96
Chandelier Exit (Short, 3 ATRs) 18.14
Upper Bollinger Bands 18.47
Lower Bollinger Band 17.57
Percent B (%b) 0.76
BandWidth 5.00
MACD Line 0.12
MACD Signal Line 0.09
MACD Histogram 0.0378
Fundamentals Value
Market Cap 198.76 Million
Num Shares 10.9 Million
EPS -0.03
Price-to-Earnings (P/E) Ratio -608.67
Price-to-Sales 18.04
Price-to-Book 0.94
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.76
Resistance 3 (R3) 18.74 18.56 18.67
Resistance 2 (R2) 18.56 18.43 18.57 18.64
Resistance 1 (R1) 18.41 18.36 18.32 18.43 18.62
Pivot Point 18.23 18.23 18.19 18.24 18.23
Support 1 (S1) 18.08 18.10 17.99 18.10 17.90
Support 2 (S2) 17.90 18.03 17.91 17.88
Support 3 (S3) 17.75 17.90 17.85
Support 4 (S4) 17.77