Eaton Vance Tax Managed Fund Technical Analysis

EXTGX Fund  USD 47.44  0.04  0.08%   
As of the 29th of March, Eaton Vance shows the Mean Deviation of 0.5267, downside deviation of 0.6256, and Coefficient Of Variation of 374.13. Eaton Vance Tax-managed technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Eaton Vance Tax Managed, which can be compared to its rivals. Please confirm Eaton Vance Tax-managed variance and potential upside to decide if Eaton Vance Tax-managed is priced favorably, providing market reflects its regular price of 47.44 per share.

Eaton Vance Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eaton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Eaton
  
Eaton Vance's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Eaton Vance technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Eaton Vance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eaton Vance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Eaton Vance Tax-managed Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Eaton Vance Tax-managed volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eaton Vance Tax-managed Trend Analysis

Use this graph to draw trend lines for Eaton Vance Tax Managed. You can use it to identify possible trend reversals for Eaton Vance as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eaton Vance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Eaton Vance Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eaton Vance Tax Managed applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Eaton Vance Tax Managed will continue generating value for investors. It has 122 observation points and a regression sum of squares at 287.82, which is the sum of squared deviations for the predicted Eaton Vance price change compared to its average price change.

About Eaton Vance Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Eaton Vance Tax Managed on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Eaton Vance Tax Managed based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Eaton Vance Tax-managed price pattern first instead of the macroeconomic environment surrounding Eaton Vance Tax-managed. By analyzing Eaton Vance's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eaton Vance's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eaton Vance specific price patterns or momentum indicators. Please read more on our technical analysis page.

Eaton Vance March 29, 2024 Technical Indicators

Most technical analysis of Eaton help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eaton from various momentum indicators to cycle indicators. When you analyze Eaton charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton Vance Tax Managed. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Eaton Vance Tax-managed information on this page should be used as a complementary analysis to other Eaton Vance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Eaton Mutual Fund analysis

When running Eaton Vance's price analysis, check to measure Eaton Vance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eaton Vance is operating at the current time. Most of Eaton Vance's value examination focuses on studying past and present price action to predict the probability of Eaton Vance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eaton Vance's price. Additionally, you may evaluate how the addition of Eaton Vance to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Eaton Vance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton Vance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton Vance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.