EATON VANCE LTD. - 1H - Technical analysis published on 04/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
33%
11%
56%
My opinion
Bearish under 9.41 USD
My targets
9.27 USD (-0.96%)
9.22 USD (-1.50%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 9.41 USD remains possible. It is advisable to trade EATON VANCE LTD. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 9.41 USD. The next bearish objective for sellers is set at 9.27 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9.22 USD. In case of crossing, the next objective would be the support located at 8.96 USD. PS: if there is a bullish break in the resistance located at 9.41 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EATON VANCE LTD. rating is 9.36 USD. On the day, this instrument lost -0.11% and was traded between 9.36 USD and 9.39 USD over the period. The price is currently at 0% from its lowest and -0.32% from its highest.9.36
9.39
9.36
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EATON VANCE LTD. indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 10 are neutral and 2 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.22 | 9.27 | 9.34 | 9.36 | 9.41 | 9.50 | 9.62 |
| Change (%) | -1.50% | -0.96% | -0.21% | - | +0.53% | +1.50% | +2.78% |
| Change | -0.14 | -0.09 | -0.02 | - | +0.05 | +0.14 | +0.26 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.27 | 9.30 | 9.34 | 9.37 | 9.41 | 9.44 | 9.48 |
| Camarilla | 9.35 | 9.36 | 9.36 | 9.37 | 9.38 | 9.38 | 9.39 |
| Woodie | 9.27 | 9.30 | 9.34 | 9.37 | 9.41 | 9.44 | 9.48 |
| Fibonacci | 9.30 | 9.33 | 9.35 | 9.37 | 9.40 | 9.42 | 9.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.97 | 9.10 | 9.23 | 9.36 | 9.49 | 9.62 | 9.75 |
| Camarilla | 9.30 | 9.32 | 9.35 | 9.37 | 9.39 | 9.42 | 9.44 |
| Woodie | 8.98 | 9.10 | 9.24 | 9.36 | 9.50 | 9.62 | 9.76 |
| Fibonacci | 9.10 | 9.20 | 9.26 | 9.36 | 9.46 | 9.52 | 9.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.35 | 9.48 | 9.58 | 9.71 | 9.81 | 9.94 | 10.04 |
| Camarilla | 9.61 | 9.63 | 9.65 | 9.67 | 9.69 | 9.71 | 9.73 |
| Woodie | 9.33 | 9.47 | 9.56 | 9.70 | 9.79 | 9.93 | 10.02 |
| Fibonacci | 9.48 | 9.57 | 9.63 | 9.71 | 9.80 | 9.86 | 9.94 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.49 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.98 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 9.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.35 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 9.28 | |
| Zig ZAG (10): | 9.37 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 47.62 | |
| TEMA (21): | 9.39 | |
| Williams %R (14): | -57.14 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.19 |
| MA7: | 9.36 | |
| MA20: | 9.50 | |
| MA50: | 9.62 | |
| MA100: | 9.46 | |
| MAexp7: | 9.37 | |
| MAexp20: | 9.36 | |
| MAexp50: | 9.38 | |
| MAexp100: | 9.44 | |
| Price / MA7: | -0% | |
| Price / MA20: | -1.47% | |
| Price / MA50: | -2.70% | |
| Price / MA100: | -1.06% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | -0.85% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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