EATON VANCE MUNI. BOND FUND - 1H - Technical analysis published on 01/15/2025 (GMT)
- 89
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
78%
0%
22%
My opinion
Neutral between 10.16 USD and 10.43 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 10.43 USD. The first support is located at 10.16 USD. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by EATON VANCE MUNI. BOND FUND.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 10.28 USD. The price registered a decrease of -0.39% on the session with the lowest point at 10.27 USD and the highest point at 10.36 USD. The deviation from the price is +0.10% for the low point and -0.77% for the high point.10.27
10.36
10.28
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
Here is a more detailed summary of the historical variations registered by EATON VANCE MUNI. BOND FUND:
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 this 1H chart of EATON VANCE MUNI. BOND FUND indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the slightly bullish signals currently 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 adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.08 | 10.16 | 10.23 | 10.28 | 10.31 | 10.43 | 10.52 |
| Change (%) | -1.95% | -1.17% | -0.49% | - | +0.29% | +1.46% | +2.33% |
| Change | -0.20 | -0.12 | -0.05 | - | +0.03 | +0.15 | +0.24 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.01 | 10.06 | 10.16 | 10.21 | 10.31 | 10.36 | 10.46 |
| Camarilla | 10.22 | 10.23 | 10.25 | 10.26 | 10.27 | 10.29 | 10.30 |
| Woodie | 10.04 | 10.07 | 10.19 | 10.22 | 10.34 | 10.37 | 10.49 |
| Fibonacci | 10.06 | 10.12 | 10.15 | 10.21 | 10.27 | 10.30 | 10.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.94 | 10.09 | 10.20 | 10.35 | 10.46 | 10.61 | 10.72 |
| Camarilla | 10.25 | 10.27 | 10.30 | 10.32 | 10.34 | 10.37 | 10.39 |
| Woodie | 9.93 | 10.08 | 10.19 | 10.34 | 10.45 | 10.60 | 10.71 |
| Fibonacci | 10.09 | 10.19 | 10.25 | 10.35 | 10.45 | 10.51 | 10.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.37 | 9.73 | 10.01 | 10.37 | 10.65 | 11.01 | 11.29 |
| Camarilla | 10.12 | 10.18 | 10.24 | 10.30 | 10.36 | 10.42 | 10.48 |
| Woodie | 9.34 | 9.71 | 9.98 | 10.35 | 10.62 | 10.99 | 11.26 |
| Fibonacci | 9.73 | 9.97 | 10.12 | 10.37 | 10.61 | 10.76 | 11.01 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.38 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 15.47 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 10.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.13 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 10.17 | |
| Zig ZAG (10): | 10.29 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 78.19 | |
| TEMA (21): | 10.23 | |
| Williams %R (14): | -26.01 | |
| Chande Momentum Oscillator (20): | 0.10 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.49 |
| MA7: | 10.31 | |
| MA20: | 10.30 | |
| MA50: | 10.37 | |
| MA100: | 10.37 | |
| MAexp7: | 10.25 | |
| MAexp20: | 10.24 | |
| MAexp50: | 10.27 | |
| MAexp100: | 10.30 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | -0.87% | |
| Price / MA100: | -0.87% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +0.39% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | -0.19% |
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.
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