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Eaton Vance Municipal Income Trust

EVN Technical Analysis Summary (NYSE)

Analyze EVN on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

EVN●NYSE
Financial ServicesAsset Management - Income
$10.71
$0.02(0.19%)
U.S. Market opens in 0h 28m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EVN Technical Analysis Summary (NYSE)

Eaton Vance Municipal Income Trust (NYSE: EVN) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.07)
Trend Strength:Moderate (ADX: 20.56)
Volatility:Low (ATR: 0.14)
Support/Resistance:$10.32 – $11.01 (Bollinger Bands)

Technical conditions suggest Eaton Vance Municipal Income Trust on the NYSE is awaiting a decisive move. Technical conditions suggest Eaton Vance Municipal Income Trust is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.07

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 70.48

Bullish
Buying momentum building without extremes.

Williams %R: -35.29

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.38

Bullish
Steady upward momentum.

Takeaway:Eaton Vance Municipal Income Trust shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 20.56

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.14

Low
Low volatility, stable price action.

CCI (14): 11.83

Neutral
Neutral, no strong directional signal.

Takeaway:Eaton Vance Municipal Income Trust shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.01
Middle Band (SMA 20)
$10.66
Lower Band
$10.32
Current Position
Within Bands

Takeaway:Eaton Vance Municipal Income Trust trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$11.03
Middle Line (EMA 20)
$10.76
Lower Channel
$10.48
Squeeze Status
No Squeeze

Takeaway:Eaton Vance Municipal Income Trust trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume26.65K
Money Flow Index62.77Bullish, inflows support continued momentum.
Relative Vigor Index53.26Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:EVN shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Eaton Vance Municipal Income Trust (NYSE: EVN), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Eaton Vance Municipal Income Trust are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: EVN) Technical Analysis FAQ