Technical Analysis for EFT - Eaton Vance Floating Rate Income Trust

Grade Last Price % Change Price Change
grade C 11.73 0.09% 0.01
EFT closed up 0.09 percent on Friday, August 7, 2020, on 57 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical EFT trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Narrow Range Bar Range Contraction 0.09%

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Profile

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rate Income Trust was formed on June 29, 2004 and is domiciled in the United States.
Institutional Investors Corporate Finance Mutual Fund Fixed Income Debt Income Trust Eaton Vance Leverage

Is EFT 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 14.14
52 Week Low 7.31
Average Volume 110,060
200-Day Moving Average 12.20
50-Day Moving Average 11.51
20-Day Moving Average 11.58
10-Day Moving Average 11.63
Average True Range 0.09
ADX 19.4
+DI 30.47
-DI 15.33
Chandelier Exit (Long, 3 ATRs ) 11.50
Chandelier Exit (Short, 3 ATRs ) 11.48
Upper Bollinger Band 11.76
Lower Bollinger Band 11.40
Percent B (%b) 0.93
BandWidth 3.10
MACD Line 0.08
MACD Signal Line 0.07
MACD Histogram 0.0113
Fundamentals Value
Market Cap 467.6 Million
Num Shares 39.9 Million
EPS 1.69
Price-to-Earnings (P/E) Ratio 6.94
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.79
Resistance 3 (R3) 11.79 11.78 11.78
Resistance 2 (R2) 11.78 11.76 11.78 11.78
Resistance 1 (R1) 11.75 11.75 11.75 11.75 11.77
Pivot Point 11.74 11.74 11.74 11.74 11.74
Support 1 (S1) 11.71 11.72 11.71 11.71 11.69
Support 2 (S2) 11.70 11.71 11.70 11.68
Support 3 (S3) 11.67 11.70 11.68
Support 4 (S4) 11.67