EVLN Eaton Vance Floating-Rate ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide a high level of current income... Show more
Momentum Indicator for EVLN turns negative, indicating new downward trend
EVLN saw its Momentum Indicator move below the 0 level on October 01, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 13 similar instances where the indicator turned negative. In of the 13 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for EVLN moved out of overbought territory on September 16, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVLN 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 demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EVLN advanced for three days, in of 115 cases, the price rose further within the following month. The odds of a continued upward trend are .
EVLN 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 241 cases where EVLN 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 BankLoan
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JFNAX | 72.17 | 1.04 | +1.46% |
| Janus Henderson Global Life Sciences A | |||
| SMYFX | 14.04 | 0.05 | +0.35% |
| SEI Small Cap Y (SIMT) | |||
| JEVIX | 11.06 | 0.02 | +0.18% |
| JHancock Disciplined Value Em Mkts Eq I | |||
| RICEX | 67.05 | 0.08 | +0.12% |
| American Funds Invmt Co of Amer R4 | |||
| KLCCX | 12.27 | N/A | N/A |
| Federated Hermes Kaufmann Large Cap C | |||
EVLN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EVLN has been loosely correlated with TFLR. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if EVLN jumps, then TFLR could also see price increases.
| Ticker / NAME | Correlation To EVLN | 1D Price Change % | ||
|---|---|---|---|---|
| EVLN | 100% | -0.01% | ||
| TFLR - EVLN | 58% Loosely correlated | -0.05% | ||
| BKLN - EVLN | 57% Loosely correlated | +0.10% | ||
| SRLN - EVLN | 56% Loosely correlated | +0.10% | ||
| EVF - EVLN | 51% Loosely correlated | -0.36% | ||
| SEIX - EVLN | 50% Loosely correlated | +0.08% | ||
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