EVN Eaton Vance Municipal Income Trust Forecast, Technical & Fundamental Analysis
Eaton Vance Municipal Income Trust is a United States-based diversified, closed-end management investment company... Show more
EVN's RSI Indicator ascends from oversold territory
The RSI Indicator for EVN moved out of oversold territory on April 11, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 23, 2025. You may want to consider a long position or call options on EVN as a result. In of 75 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 EVN just turned positive on April 24, 2025. Looking at past instances where EVN's MACD turned positive, the stock continued to rise in of 47 cases 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 EVN advanced for three days, in of 285 cases, the price rose further within the following month. The odds of a continued upward trend are .
EVN 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 entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVN 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 EVN entered a downward trend on April 15, 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.
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CVACX | 15.96 | 0.08 | +0.50% |
| Calamos Select Fund C | |||
| NWXPX | 9.51 | 0.03 | +0.32% |
| Nationwide International Index Instl Svc | |||
| SMVIX | 19.38 | -0.01 | -0.05% |
| SEI Small Cap Value I (SIMT) | |||
| TIBMX | 27.63 | -0.02 | -0.07% |
| Thornburg Investment Income Builder R5 | |||
| SINAX | 37.64 | -0.11 | -0.29% |
| ClearBridge Large Cap Value A | |||
EVN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EVN has been loosely correlated with NAD. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if EVN jumps, then NAD could also see price increases.