EATON VANCE ULT-SHRT INCOME (EVSB) Stock Technical Analysis
NYSEARCA:EVSB - NYSE Arca - US61774R7008 - ETF - Currency: USD
Overall EVSB gets a technical rating of 6 out of 10. Although EVSB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: EVSB has an average volume of 29762 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EVSB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EVSB slightly outperforms the market at the moment.
When compared to the yearly performance of all other stocks, EVSB outperforms 58% of them, which is more or less in line with the market.
In the last month EVSB has a been trading in a tight range between 50.72 and 51.06.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, EVSB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EVSB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.85
51.49
We found 1 important support area.
- A support zone ranging from 50.35 to 50.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.89 to 50.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.35
Mansfield-0.24
10 Day High51.06
10 Day Low50.8
20 Day High51.06
20 Day Low50.72
52 Week High51.06
52 Week Low50.05
Performance
1 Week0.1%
2 Weeks-0.07%
1 Month0.14%
3 Month0.27%
6 Month0.36%
12 Month0.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)51.93
LBB50.8
UBB50.97
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 |
|---|---|---|---|
| 50.90 | 50.79 | 0.11 (0.21%) | 25.00% |
| An entry @50.90. This is a Buy Stop order right above the 10 day moving average. | An exit @50.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 0.21%. | For a 0.05% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EVSB. Please evaluate whether better entry and exit points can be found.
- 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:EVSB (3/7/2025, 8:22:35 PM)
50.87
+0.04 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week0.1%
2 Weeks-0.07%
1 Month0.14%
3 Month0.27%
6 Month0.36%
12 Month0.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.16%
ATR Inc-12.94%
Range Today0.05
ADR(20)0.07
ADR(20)%0.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.35
Mansfield-0.24
10 Day High51.06
10 Day Low50.8
20 Day High51.06
20 Day Low50.72
52 Week High51.06
52 Week Low50.05
CS1 End50.86
CR1 Start50.89
Volume & EV
DER(3)3.32%
DER(5)0.9%
Volume14.80K
Volume Incr97.9%
Vol(5)69.68K
Vol(50)29.76K