ENX Eaton Vance New York Municipal Forecast, Technical & Fundamental Analysis
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ENX in downward trend: price dove below 50-day moving average on May 21, 2025
ENX moved below its 50-day moving average on May 21, 2025 date and that indicates a change from an upward trend to a downward trend. In of 44 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 20, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ENX as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ENX turned negative on May 21, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for ENX crossed bearishly below the 50-day moving average on May 28, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ENX advanced for three days, in of 261 cases, the price rose further within the following month. The odds of a continued upward trend are .
ENX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 245 cases where ENX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FGHMX | 110.61 | N/A | N/A |
| Fidelity Advisor Communication ServicesC | |||
| MKVGX | 15.83 | N/A | N/A |
| MFS International Large Cap Value R4 | |||
| SFILX | 14.73 | N/A | N/A |
| Schwab Fundamental Intl Sm Eq Idx | |||
| IWIRX | 59.22 | N/A | N/A |
| Guinness Atkinson™ Global Inntrs Inv | |||
| NSFKX | 13.11 | -0.02 | -0.15% |
| Natixis Target Retirement 2050 N | |||
ENX and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ENX has been loosely correlated with BNY. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if ENX jumps, then BNY could also see price increases.