ETY Eaton Vance Tax-Managed Diversified Equity Income Fund Forecast, Technical & Fundamental Analysis
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ETY in upward trend: price rose above 50-day moving average on May 02, 2025
ETY moved above its 50-day moving average on May 02, 2025 date and that indicates a change from a downward trend to an upward trend. In of 39 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for ETY crossed bullishly above the 50-day moving average on May 08, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 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 ETY advanced for three days, in of 357 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 361 cases where ETY 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 5 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 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for ETY moved below the 200-day moving average on April 30, 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 ETY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ETY broke above its upper Bollinger Band on May 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FGSAX | 62.22 | N/A | N/A |
| Federated Hermes MDT Mid Cap Growth A | |||
| CNPEX | 65.29 | N/A | N/A |
| American Funds New Perspective 529E | |||
| MKEFX | 23.83 | N/A | N/A |
| BlackRock International Select Eq K | |||
| VVILX | 28.43 | N/A | N/A |
| Vulcan Value Partners Institutional | |||
| ABCAX | 21.78 | -0.06 | -0.27% |
| American Beacon The London Co Inc Eq A | |||
ETY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ETY has been closely correlated with JEPQ. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if ETY jumps, then JEPQ could also see price increases.
| Ticker / NAME | Correlation To ETY | 1D Price Change % | ||
|---|---|---|---|---|
| ETY | 100% | -0.07% | ||
| JEPQ - ETY | 89% Closely correlated | -0.36% | ||
| CII - ETY | 87% Closely correlated | -0.15% | ||
| JEPI - ETY | 86% Closely correlated | +0.02% | ||
| QYLD - ETY | 85% Closely correlated | -0.30% | ||
| EOS - ETY | 84% Closely correlated | -0.56% | ||
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