EATON VANCE LTD. - 1H - Technical analysis published on 03/14/2024 (GMT)
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- 0
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 9.87 USD
My targets
9.70 USD (-0.92%)
9.63 USD (-1.63%)
My analysis
The basic trend is currently slightly bearish on EATON VANCE LTD. and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 9.87 USD, sales could be favoured. The first bearish objective would be located at 9.70 USD. Sellers would then use the next support located at 9.63 USD as an objective. Crossing it would then enable sellers to target 9.54 USD. A return to above the resistance at 9.87 USD could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EATON VANCE LTD. rating 9.79 USD. On the day, this instrument lost -0.41% and was traded between 9.76 USD and 9.85 USD over the period. The price is currently at +0.31% from its lowest and -0.61% from its highest.9.76
9.85
9.79
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EATON VANCE LTD.:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EATON VANCE LTD. in 1H shows an overall slightly bearish trend. 46.43% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.63 | 9.70 | 9.78 | 9.79 | 9.87 | 9.91 | 10.68 |
| Change (%) | -1.63% | -0.92% | -0.10% | - | +0.82% | +1.23% | +9.09% |
| Change | -0.16 | -0.09 | -0.01 | - | +0.08 | +0.12 | +0.89 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.73 | 9.76 | 9.80 | 9.83 | 9.87 | 9.90 | 9.94 |
| Camarilla | 9.81 | 9.82 | 9.82 | 9.83 | 9.84 | 9.84 | 9.85 |
| Woodie | 9.73 | 9.76 | 9.80 | 9.83 | 9.87 | 9.90 | 9.94 |
| Fibonacci | 9.76 | 9.79 | 9.81 | 9.83 | 9.86 | 9.88 | 9.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.50 | 9.60 | 9.72 | 9.82 | 9.94 | 10.04 | 10.16 |
| Camarilla | 9.77 | 9.79 | 9.81 | 9.83 | 9.85 | 9.87 | 9.89 |
| Woodie | 9.50 | 9.61 | 9.72 | 9.83 | 9.94 | 10.05 | 10.16 |
| Fibonacci | 9.60 | 9.69 | 9.74 | 9.82 | 9.91 | 9.96 | 10.04 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.17 | 9.34 | 9.57 | 9.74 | 9.97 | 10.14 | 10.37 |
| Camarilla | 9.69 | 9.73 | 9.76 | 9.80 | 9.84 | 9.87 | 9.91 |
| Woodie | 9.20 | 9.36 | 9.60 | 9.76 | 10.00 | 10.16 | 10.40 |
| Fibonacci | 9.34 | 9.49 | 9.59 | 9.74 | 9.89 | 9.99 | 10.14 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.88 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -7.51 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 9.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.86 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 9.75 | |
| Zig ZAG (10): | 9.78 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 29.92 | |
| TEMA (21): | 9.79 | |
| Williams %R (14): | -80.91 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.20 |
| MA7: | 9.83 | |
| MA20: | 9.80 | |
| MA50: | 9.65 | |
| MA100: | 9.27 | |
| MAexp7: | 9.79 | |
| MAexp20: | 9.81 | |
| MAexp50: | 9.81 | |
| MAexp100: | 9.79 | |
| Price / MA7: | -0.41% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | +1.45% | |
| Price / MA100: | +5.61% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.20% | |
| Price / MAexp100: | -0% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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