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

Grade Last Price % Change Price Change
grade D 14.2 -2.41% -0.35
ETB closed down 2.41 percent on Friday, December 14, 2018, on 1.2 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical ETB trend table...

Date Alert Name Type % Chg
Dec 14 New 52 Week Closing Low Bearish 0.00%
Dec 14 180 Bearish Setup Bearish Swing Setup 0.00%
Dec 14 Reversal New Lows Setup Bearish Swing Setup 0.00%
Dec 14 New 52 Week Low Weakness 0.00%
Dec 14 Stochastic Reached Oversold Weakness 0.00%
Dec 14 Below Lower BB Weakness 0.00%
Dec 14 Lower Bollinger Band Touch Weakness 0.00%
Dec 14 Oversold Stochastic Weakness 0.00%
Dec 13 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.41%
Dec 13 Narrow Range Bar Range Contraction -2.41%

Older signals for ETB ...

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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.
Is ETB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 17.27
52 Week Low 14.17
Average Volume 83,424
200-Day Moving Average 16.0209
50-Day Moving Average 15.3324
20-Day Moving Average 14.795
10-Day Moving Average 14.677
Average True Range 0.2578
ADX 30.39
+DI 14.5407
-DI 39.5788
Chandelier Exit (Long, 3 ATRs ) 14.9166
Chandelier Exit (Short, 3 ATRs ) 14.9434
Upper Bollinger Band 15.3947
Lower Bollinger Band 14.1953
Percent B (%b) 0.0
BandWidth 8.106793
MACD Line -0.2703
MACD Signal Line -0.2399
MACD Histogram -0.0304
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.77
Resistance 3 (R3) 14.82 14.69 14.68
Resistance 2 (R2) 14.69 14.54 14.66 14.64
Resistance 1 (R1) 14.44 14.45 14.38 14.39 14.61
Pivot Point 14.31 14.31 14.27 14.28 14.31
Support 1 (S1) 14.06 14.16 14.00 14.01 13.79
Support 2 (S2) 13.93 14.07 13.90 13.76
Support 3 (S3) 13.68 13.93 13.73
Support 4 (S4) 13.63