Londinia Opportunities Analyses - 06/07/2023 (GMT) EATON VANCE TAX-MANAGED DIV. EQUITY INC - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	ETY
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 11.79 USD

My targets

12.00 USD (+1.18%)

12.40 USD (+4.55%)

My analysis

EATON VANCE TAX-MANAGED DIV. EQUITY INC is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 11.79 USD. The next resistance located at 12.00 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 12.40 USD. After this resistance, buyers could then target 12.66 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The EATON VANCE TAX-MANAGED DIV. EQUITY INC rating is 11.86 USD. The price has increased by +0.17% since the last closing with the lowest point at 11.81 USD and the highest point at 11.86 USD. The deviation from the price is +0.42% for the low point and 0% for the high point.

11.81

11.86

Here is a more detailed summary of the historical variations registered by EATON VANCE TAX-MANAGED DIV. EQUITY INC:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of EATON VANCE TAX-MANAGED DIV. EQUITY INC in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.66	11.71	11.79	11.86	11.88	12.00	12.40
Change (%)	-1.69%	-1.26%	-0.59%	-	+0.17%	+1.18%	+4.55%
Change	-0.20	-0.15	-0.07	-	+0.02	+0.14	+0.54
Level	Minor	Minor	Major	-	Intermediate	Major	Minor

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	11.73	11.77	11.80	11.84	11.87	11.91	11.94
Camarilla	11.82	11.83	11.83	11.84	11.85	11.85	11.86
Woodie	11.74	11.77	11.81	11.84	11.88	11.91	11.95
Fibonacci	11.77	11.79	11.81	11.84	11.86	11.88	11.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.16	11.34	11.56	11.74	11.96	12.14	12.36
Camarilla	11.68	11.72	11.75	11.79	11.83	11.86	11.90
Woodie	11.19	11.35	11.59	11.75	11.99	12.15	12.39
Fibonacci	11.34	11.49	11.58	11.74	11.89	11.98	12.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.90	11.15	11.39	11.64	11.88	12.13	12.37
Camarilla	11.50	11.54	11.59	11.63	11.68	11.72	11.77
Woodie	10.90	11.15	11.39	11.64	11.88	12.13	12.37
Fibonacci	11.15	11.34	11.45	11.64	11.83	11.94	12.13

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):	57.13
MACD (12,26,9):	0.0300
Directional Movement:	8.68
AROON (14):	-7.14
DEMA (21):	11.86
Parabolic SAR (0,02-0,02-0,2):	11.88
Elder Ray (13):	0.01
Super Trend (3,10):	11.73
Zig ZAG (10):	11.84
VORTEX (21):	1.0000
Stochastique (14,3,5):	47.43
TEMA (21):	11.85
Williams %R (14):	-39.53
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	-0.0500
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	0.09

MA7:	11.76
MA20:	11.68
MA50:	11.59
MA100:	11.54
MAexp7:	11.83
MAexp20:	11.82
MAexp50:	11.75
MAexp100:	11.70
Price / MA7:	+0.85%
Price / MA20:	+1.54%
Price / MA50:	+2.33%
Price / MA100:	+2.77%
Price / MAexp7:	+0.25%
Price / MAexp20:	+0.34%
Price / MAexp50:	+0.94%
Price / MAexp100:	+1.37%

Quotes : - 15 min delayed data - Actions NYSE