Taking everything into account, EVLN scores 3 out of 10 in our technical rating. In the past year, EVLN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
EVLN 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 49.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
47.88
2 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for EVLN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVLN is up. |
| ChartMill Relative Strength | 36 | NEUTRAL | EVLN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EVLN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.81 | NEUTRAL | The RSI value for EVLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EVLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.59 | OVERBOUGHT | The high Stochastics value suggests EVLN may be overbought. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for EVLN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.21 | NEGATIVE | The low ADX value for EVLN suggests a weak or negative trend. |
NYSEARCA:EVLN (12/19/2025, 8:04:00 PM)
49.67
-0.06 (-0.12%)
ChartMill assigns a technical rating of 3 / 10 to EVLN.
The current trend direction for EATON VANCE FLOATING-RATE (EVLN) is Bearish.
EATON VANCE FLOATING-RATE (EVLN) has an RSI value of 51.8097. This indicates that the stock is currently neutral.
The MACD indicator for EATON VANCE FLOATING-RATE (EVLN) has a value of 0.00728235, indicating a bearish trend.
EATON VANCE FLOATING-RATE (EVLN) has a support level at 49.67 and a resistance level at 49.7. Check the full technical report for our detailed analysis of EVLN support and resistance levels.