Technical Analysis for ETB - Eaton Vance Tax-Managed Buy-Write Income Fund

Grade Last Price % Change Price Change
A 14.75 -0.34% -0.05
ETB closed down 0.34 percent on Wednesday, November 20, 2024, on approximately 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.
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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
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -0.34%
Expansion Breakout Bullish Swing Setup -0.34%
Pocket Pivot Bullish Swing Setup -0.34%
New 52 Week High Strength -0.34%
Overbought Stochastic Strength -0.34%
New 52 Week Closing High Bullish 0.07%
Pocket Pivot Bullish Swing Setup 0.07%

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Profile

Eaton Vance Tax-Managed Buy-Write Income Fund Description

Eaton Vance Tax-Managed Buy-Write Income Fund is a United States-based diversified, closed-end management investment company. The Fund's investment objective is to provide income and gains, with a secondary objective of capital appreciation. It invests in a portfolio of common stocks and writes call options on one or more the United States indices on a portion of the value of its common stock portfolio to generate earnings from the option. It evaluates returns on an after tax basis and seeks to minimize and defer federal income taxes incurred by shareholders in connection with their investment in the Fund. It invests in a portfolio of sectors, including aerospace and defense; hotels, restaurants and leisure; road and rail; energy equipment and services; metals and mining; oil, gas and consumable fuels; semiconductors and semiconductor equipment, and pharmaceuticals. Its investment advisor is Eaton Vance Management.


Classification

Keywords: Exchange Traded Fund ETF Mining Pharmaceutical Aerospace Semiconductor Eaton Vance Energy Equipment Semiconductor Equipment

Is ETB 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 14.8733
52 Week Low 11.5812
Average Volume 51,793
200-Day Moving Average 13.40
50-Day Moving Average 14.29
20-Day Moving Average 14.49
10-Day Moving Average 14.68
Average True Range 0.14
RSI (14) 67.64
ADX 32.43
+DI 29.11
-DI 11.07
Chandelier Exit (Long, 3 ATRs) 14.44
Chandelier Exit (Short, 3 ATRs) 14.59
Upper Bollinger Bands 14.90
Lower Bollinger Band 14.08
Percent B (%b) 0.82
BandWidth 5.63
MACD Line 0.15
MACD Signal Line 0.13
MACD Histogram 0.0197
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.01
Resistance 3 (R3) 15.02 14.95 14.97
Resistance 2 (R2) 14.95 14.88 14.94 14.95
Resistance 1 (R1) 14.85 14.84 14.81 14.84 14.94
Pivot Point 14.78 14.78 14.76 14.77 14.78
Support 1 (S1) 14.68 14.71 14.65 14.67 14.57
Support 2 (S2) 14.61 14.67 14.60 14.56
Support 3 (S3) 14.51 14.61 14.54
Support 4 (S4) 14.50