ETG - Eaton Vance Tax-Advantaged Global Dividend Income Fund

Industry: Closed-End Fund - Equity Sector: Financial Exchange: NYSE

ETG - Eaton Vance Tax-Advantaged Global Dividend Income Fund

Industry: Closed-End Fund - Equity Sector: Financial Exchange: NYSE
#2406()/7615

Tue 18'th Sep 2018

PERIOD 2018-06-19 - 2018-09-18
CHANGE 0.00%
PRICE $17.85
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

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Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Analysis

Technical stock analysis for Tue 18'th Sep 2018

Buy candidate since 2018-09-18
Shorts n/a
Cash n/a
Loans n/a
Beta 1.15
ROA 17.48

No changes to the price of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the last trading day. The price has fallen in 5 of the last 10 days , but is still up by 0.34% over the past 2 weeks.

Trend

Eaton Vance Tax-Advantaged Global Dividend Income Fund 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 4.54% during the next 3 months and, with 90% probability hold a price between $18.39 and $19.22 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Eaton Vance Tax-Advantaged Global Dividend Income Fund holds buy signals from both short- and long-term moving averages. In addition, 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 $17.83 and $17.77. A break down below any of these levels will issue sell signals. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday September 14, 2018, which indicates further falls until a new bottom pivot has been found.

The stock had a Golden Star Signal* on Monday June 04, 2018 in the mediumterm chart.

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

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Friday September 14, 2018 and based on theory for this formation the price should fall by -0.20% to $17.79 within 25 trading days since signal was issued (Friday October 19, 2018).

Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Eaton Vance Tax-Advantaged Global Dividend Income Fund finds support from accumulated volume at $17.84.

Support: $17.84 Price: $17.85 Resistance: $17.86

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.15 (0.84%) between high and low. For the last week, the stock has had a daily average volatility of 0.66%.

Our recommended stoploss: $17.10 (-4.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

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 this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate

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