EATON VANCE MUNI. BOND FUND

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

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Type:	Stocks
Ticker:	EIM
ISIN:

EATON VANCE MUNI. BOND FUND - 1H - Technical analysis published on 03/26/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 10.28 USD

My targets

10.36 USD (+0.19%)

10.41 USD (+0.68%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EATON VANCE MUNI. BOND FUND as long as the price remains well above 10.28 USD. The buyers' bullish objective is set at 10.36 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10.41 USD. If there is any crossing, the next objective would be the resistance located at 10.87 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EATON VANCE MUNI. BOND FUND rating is 10.34 USD. On the day, this instrument lost -0.10% and was traded between 10.32 USD and 10.37 USD over the period. The price is currently at +0.19% from its lowest and -0.29% from its highest.

10.32

10.37

10.34

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of EATON VANCE MUNI. BOND FUND in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

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 resistance of channel

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	10.21	10.28	10.34	10.34	10.36	10.39	10.41
Change (%)	-1.26%	-0.58%	0%	-	+0.19%	+0.48%	+0.68%
Change	-0.13	-0.06	0	-	+0.02	+0.05	+0.07
Level	Minor	Intermediate	Major	-	Minor	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	10.28	10.30	10.32	10.34	10.36	10.38	10.40
Camarilla	10.34	10.34	10.35	10.35	10.35	10.36	10.36
Woodie	10.29	10.30	10.33	10.34	10.37	10.38	10.41
Fibonacci	10.30	10.31	10.32	10.34	10.35	10.36	10.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.19	10.23	10.28	10.32	10.37	10.41	10.46
Camarilla	10.31	10.31	10.32	10.33	10.34	10.35	10.36
Woodie	10.20	10.23	10.29	10.32	10.38	10.41	10.47
Fibonacci	10.23	10.26	10.29	10.32	10.35	10.38	10.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.67	9.82	10.08	10.23	10.49	10.64	10.90
Camarilla	10.22	10.26	10.29	10.33	10.37	10.41	10.44
Woodie	9.72	9.85	10.13	10.26	10.54	10.67	10.95
Fibonacci	9.82	9.98	10.08	10.23	10.39	10.49	10.64

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.53
MACD (12,26,9):	0.0100
Directional Movement:	18.63
AROON (14):	50.00
DEMA (21):	10.34
Parabolic SAR (0,02-0,02-0,2):	10.31
Elder Ray (13):	0.02
Super Trend (3,10):	10.30
Zig ZAG (10):	10.35
VORTEX (21):	1.0600
Stochastique (14,3,5):	55.16
TEMA (21):	10.34
Williams %R (14):	-41.67
Chande Momentum Oscillator (20):	0.01
Repulse (5,40,3):	-0.1400
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.29

MA7:	10.33
MA20:	10.32
MA50:	10.17
MA100:	9.87
MAexp7:	10.34
MAexp20:	10.33
MAexp50:	10.32
MAexp100:	10.31
Price / MA7:	+0.10%
Price / MA20:	+0.19%
Price / MA50:	+1.67%
Price / MA100:	+4.76%
Price / MAexp7:	-0%
Price / MAexp20:	+0.10%
Price / MAexp50:	+0.19%
Price / MAexp100:	+0.29%

Quotes : - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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