ETO Price Prediction, Eaton Vance Tax-Advantaged Global Div Oppor Fund AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
Momentum Indicator for ETO turns positive, indicating new upward trend
ETO saw its Momentum Indicator move above the 0 level on November 02, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 71 similar instances where the indicator turned positive. In of the 71 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for ETO just turned positive on November 02, 2023. Looking at past instances where ETO's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
ETO moved above its 50-day moving average on November 10, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ETO crossed bullishly above the 50-day moving average on November 14, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ETO advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 305 cases where ETO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 17 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 22 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ETO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Industry description
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Unknown
ETO and
Correlation & Price change
A.I.dvisor indicates that over the last year, ETO has been closely correlated with AOA. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if ETO jumps, then AOA could also see price increases.