RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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Red day on Thursday for Eaton Vance New York Municipal Bond Fund stock after losing 0.716%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Loss -0.92% PDF

The Eaton Vance New York Municipal Bond Fund stock price fell by -0.716% on the last day (Thursday, 28th Mar 2024) from $9.78 to $9.71. During the last trading day the stock fluctuated 0.82% from a day low at $9.71 to a day high of $9.79. The price has fallen in 5 of the last 10 days and is down by -1.67% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -16 thousand shares and in total, 18 thousand shares were bought and sold for approximately $171.01 thousand.

The stock lies in the lower part of a narrow and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $9.71 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.36% during the next 3 months and, with a 90% probability hold a price between $9.94 and $10.37 at the end of this 3-month period.

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ENX Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 21, 2024, and so far it has risen 0.206%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Eaton Vance New York Municipal Bond Fund stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $9.75 and $9.85. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Eaton Vance New York Municipal Bond Fund stock

Eaton Vance New York Municipal Bond Fund finds support from accumulated volume at $9.69 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.0800 between high and low, or 0.82%. For the last week the stock has had daily average volatility of 0.750%

Our recommended stop-loss: $9.09 (-6.38%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (ENX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Eaton Vance New York Municipal Bond Fund to open at $9.74, and during the day (based on 14 day Average True Range), to move between $9.62 and $9.80, which gives a possible trading interval of +/-$0.0863 (+/-0.89%) up or down from last closing price. If Eaton Vance New York Municipal Bond Fund takes out the full calculated possible swing range there will be an estimated 1.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $9.69 (0.21%) than the resistance at $9.77 (0.62%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Eaton Vance New York Municipal Bond Fund stock A Buy?

Eaton Vance New York Municipal Bond Fund holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.355 Hold/Accumulate Unchanged

Predicted Opening Price for Eaton Vance New York Municipal Bond Fund of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$9.74 ( 0.275%) $9.71

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

Trading levels for ENX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.82 1.10 %
R2 9.79 0.784 %
R1 9.77 0.589 %
Current price: 9.71
Support S1 9.71 -0.0401 %
S2 9.69 -0.235 %
S3 9.66 -0.549 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.91 2.06 %
R2 9.78 0.721 %
R1 9.77 0.618 %
Current price 9.71
Support S1 9.69 -0.206%
S2 9.65 -0.618%
S3 9.59 -1.24%

ENX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 20, 2024 Mar 28, 2024 $0.0394 0.406%
2 Feb 01, 2024 Feb 21, 2024 Feb 29, 2024 $0.0394 0.398%
3 Jan 02, 2024 Jan 22, 2024 Jan 31, 2024 $0.0394 0.402%
4 Dec 01, 2023 Dec 21, 2023 Dec 29, 2023 $0.0297 0.308%
5 Nov 01, 2023 Nov 21, 2023 Nov 30, 2023 $0.0300 0.324%

FAQ

What is the symbol for Eaton Vance New York Municipal Bond Fund Stock and on which exchange is it traded?
The symbol for Eaton Vance New York Municipal Bond Fund is ENX and it is traded on the NYSEMKT (NYSE American).

Should I buy or sell Eaton Vance New York Municipal Bond Fund Stock?
Eaton Vance New York Municipal Bond Fund holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Eaton Vance New York Municipal Bond Fund Stock?
Eaton Vance New York Municipal Bond 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 New York Municipal Bond Fund Stock.

What's the current price of Eaton Vance New York Municipal Bond Fund Stock?
As of the end of day on the 2024-03-28, the price of an Eaton Vance New York Municipal Bond Fund (ENX) share was $9.71.

What is the 52-week high and low for Eaton Vance New York Municipal Bond Fund Stock?
The 52-week high for Eaton Vance New York Municipal Bond Fund Stock is $10.06 and the 52-week low is $7.84.

What is the market capitalization of Eaton Vance New York Municipal Bond Fund Stock?
As of the 2024-03-28, the market capitalization of Eaton Vance New York Municipal Bond Fund is 174.404M.
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About Eaton Vance New York Municipal Bond Fund

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education. Eaton Vance New York Municipal Bo... ENX Profile

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