Overall EVHY gets a technical rating of 6 out of 10. Although EVHY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, EVHY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 53.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.26, a Stop Loss order could be placed below this zone.
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50.10
When analyzing the support we notice one important area.
- A support zone ranging from 50.61 to 53.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 53.33 to 53.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EVHY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVHY is up. |
| ChartMill Relative Strength | 41.66 | NEUTRAL | EVHY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVHY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EVHY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVHY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for EVHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EVHY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.28 | NEUTRAL | The Stochastics value for EVHY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for EVHY suggests low volalility. |
| Average Directional Index/ADX (14) | 10.32 | NEGATIVE | The low ADX value for EVHY suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.44 | 53.18 | 0.26 (0.49%) | 25.00% |
| An entry @53.44. This is a Buy Stop order right above the 10 day high. | An exit @53.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.26 points, which is 0.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:EVHY (12/12/2025, 8:27:45 PM)
53.3129
-0.08 (-0.14%)
EATON VANCE HIGH YIELD ETF / EVHY FAQ
What is the technical rating for EVHY stock?
ChartMill assigns a technical rating of 6 / 10 to EVHY.
Can you provide the trend direction for EATON VANCE HIGH YIELD ETF?
The current trend direction for EATON VANCE HIGH YIELD ETF (EVHY) is Bullish.
What is the RSI signal for EATON VANCE HIGH YIELD ETF (EVHY) stock?
EATON VANCE HIGH YIELD ETF (EVHY) has an RSI value of 51.4554. This indicates that the stock is currently neutral.
What is the short term momentum for EATON VANCE HIGH YIELD ETF (EVHY) stock?
The short term momentum for EATON VANCE HIGH YIELD ETF (EVHY) is positive.
What is the buy/sell signal for EATON VANCE HIGH YIELD ETF (EVHY) stock?
The buy/sell signal for EATON VANCE HIGH YIELD ETF (EVHY) is buy as both the short term and long term trends are positive.