EATON VANCE TAX-MGD DIV EQTY (ETY) Stock Technical Analysis
NYSE:ETY - New York Stock Exchange, Inc. - US27828N1028 - Currency: USD
Taking everything into account, ETY scores 1 out of 10 in our technical rating. ETY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ETY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ETY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.54
We found 2 important support areas.
- A support zone ranging from 13.21 to 13.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.67 to 12.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.89 to 14.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.59 to 14.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.26 from a horizontal line in the daily time frame.
NYSE:ETY (4/25/2025, 3:38:04 PM)
13.62
+0.12 (+0.89%)