ETJ Stock Eaton Vance Risk - Managed Diversified Equity Income Fund (ETJ, $8.16) Moving Average Convergence Divergence (MACD) Histogram turned positive on April 22, 2025

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ETJ - Eaton Vance Risk - Managed Diversified Equity Income Fund

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Odds of UP Trend

Price: $8.16

Daily change: +$0.19 (+2.38%)

Daily volume: 190.4K

Net Assets: $589.6M

ETJ in upward trend: 10-day moving average moved above 50-day moving average on May 06, 2025

The 10-day moving average for ETJ crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where ETJ's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 25, 2025. You may want to consider a long position or call options on ETJ as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ETJ just turned positive on April 22, 2025. Looking at past instances where ETJ's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

ETJ moved above its 50-day moving average on April 29, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ETJ advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .

ETJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for ETJ moved below the 200-day moving average on April 10, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ETJ entered a downward trend on April 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.