RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ETG
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Green day on Wednesday for Eaton Vance Tax-Advantaged Global stock after gaining 0.552%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 15, 2023 Gain 13.72% PDF

The Eaton Vance Tax-Advantaged Global stock price gained 0.552% on the last trading day (Wednesday, 27th Mar 2024), rising from $18.13 to $18.23. During the last trading day the stock fluctuated 0.552% from a day low at $18.13 to a day high of $18.23. The price has risen in 5 of the last 10 days but is still down by -0.33% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 17 thousand more shares were traded than the day before. In total, 92 thousand shares were bought and sold for approximately $1.67 million.

The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.23% during the next 3 months and, with a 90% probability hold a price between $19.43 and $19.90 at the end of this 3-month period.

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ETG Signals & Forecast

The Eaton Vance Tax-Advantaged Global stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.15 and $17.93. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.328%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Thursday, June 01, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, June 01, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Eaton Vance Tax-Advantaged Global stock

Eaton Vance Tax-Advantaged Global finds support from accumulated volume at $17.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.100 between high and low, or 0.552%. For the last week the stock has had daily average volatility of 0.716%.

Our recommended stop-loss: $17.50 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (ETG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Eaton Vance Tax-Advantaged Global Dividend Income Fund to open at $18.20, and during the day (based on 14 day Average True Range), to move between $18.05 and $18.41, which gives a possible trading interval of +/-$0.179 (+/-0.98%) up or down from last closing price. If Eaton Vance Tax-Advantaged Global Dividend Income Fund takes out the full calculated possible swing range there will be an estimated 1.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $18.24 (0.05%) than the support at $17.42 (4.44%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Eaton Vance Tax-Advantaged Global Dividend Income Fund stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Eaton Vance Tax-Advantaged Global stock to perform well in the short-term.

Current score: 3.163 Buy Candidate Unchanged

Predicted Opening Price for Eaton Vance Tax-Advantaged Global Dividend Income Fund of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$18.20 ( 0.183%) $18.23

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ETG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 18.30 0.366 %
R2 18.26 0.156 %
R1 18.23 0.0267 %
Current price: 18.23
Support S1 18.16 -0.392 %
S2 18.13 -0.522 %
S3 18.10 -0.731 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 18.29 0.329 %
R1 18.24 0.0549 %
Current price 18.23
Support S1 17.42 -4.44%
S2 17.30 -5.10%
S3 17.06 -6.42%

ETG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 20, 2024 Mar 28, 2024 $0.100 0.549%
2 Feb 01, 2024 Feb 21, 2024 Feb 29, 2024 $0.100 0.562%
3 Jan 02, 2024 Jan 22, 2024 Jan 31, 2024 $0.100 0.579%
4 Dec 01, 2023 Dec 21, 2023 Dec 29, 2023 $0.100 0.585%
5 Nov 01, 2023 Nov 21, 2023 Nov 30, 2023 $0.100 0.605%

FAQ

What is the symbol for Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock and on which exchange is it traded?
The symbol for Eaton Vance Tax-Advantaged Global Dividend Income Fund is ETG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Eaton Vance Tax-Advantaged Global stock to perform well in the short-term.

How to buy Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock?
Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock.

What's the current price of Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock?
As of the end of day on the 2024-03-27, the price of an Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) share was $18.23.

What is the 52-week high and low for Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock?
The 52-week high for Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock is $18.34 and the 52-week low is $14.08.

What is the market capitalization of Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock?
As of the 2024-03-27, the market capitalization of Eaton Vance Tax-Advantaged Global Dividend Income Fund is 1.391B.
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About Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of i... ETG Profile

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