Technical Analysis for CEV - Eaton Vance California Municipal Income Trust Shares of Beneficial Interest

Grade Last Price % Change Price Change
grade A 13.98 1.82% 0.25
CEV closed up 1.82 percent on Tuesday, August 11, 2020, on 1.21 times normal volume. The bulls were able to push the stock to a new 52-week high. 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.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical CEV trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Cup with Handle Other 1.82%
Narrow Range Bar Range Contraction 1.82%
NR7 Range Contraction 1.82%

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Profile

Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors. Eaton Vance California Municipal Income Trust was formed in 1999 and is domiciled in United States.
Exchange Traded Fund ETF Institutional Investors Transportation Mutual Fund Insurance Insurance Industry Income Trust Eaton Vance Insured Transportation Insured Electric Utilities

Is CEV 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 14.05
52 Week Low 9.8
Average Volume 12,928
200-Day Moving Average 13.06
50-Day Moving Average 13.20
20-Day Moving Average 13.51
10-Day Moving Average 13.67
Average True Range 0.14
ADX 42.81
+DI 42.10
-DI 8.49
Chandelier Exit (Long, 3 ATRs ) 13.64
Chandelier Exit (Short, 3 ATRs ) 13.58
Upper Bollinger Band 13.88
Lower Bollinger Band 13.14
Percent B (%b) 1.13
BandWidth 5.48
MACD Line 0.18
MACD Signal Line 0.15
MACD Histogram 0.0252
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.31
Resistance 3 (R3) 14.30 14.17 14.26
Resistance 2 (R2) 14.17 14.09 14.18 14.24
Resistance 1 (R1) 14.08 14.04 14.13 14.09 14.22
Pivot Point 13.95 13.95 13.98 13.96 13.95
Support 1 (S1) 13.86 13.87 13.90 13.87 13.74
Support 2 (S2) 13.73 13.82 13.74 13.72
Support 3 (S3) 13.64 13.73 13.70
Support 4 (S4) 13.65