ETO.L Forecast and Technical Stock Analysis
Sell candidate since 2019-08-12 Loss -4.08%
Eaton Vance Tax-Advantaged Global Divide gained 0.50% in the last trading day ( Monday, 19th Aug 2019 ), rising from £3.98 to £4.00 During the day the stock fluctuated 2.01% from a day low at £3.98 to a day high of £4.06. The price has fallen in 7 of the last 10 days and is down by -4.53% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.30 million more shares were traded than the day before. In total, 2.51 million shares bought and sold for approximately £10.05 million.
- 30 day high of the ETO.L stock price was £4.59 and low was £3.96.
- 90 day high was £4.59 and low was £3.46.
- 52 week high for Eaton Vance Tax-Advantaged Global Divide - £407.60 and low - £3.33.
Eaton Vance Tax-Advantaged Global Divide lies in the middle of a very wide 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 3.99% during the next 3 months and, with 90% probability hold a price between £3.79 and £4.88 at the end of this period.
A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. 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. Eaton Vance Tax-Advantaged Global Divide holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 £4.08 and £4.25. A break-up above any of these levels will issue buy signals.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 85 ]
RSI14 is 17 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Eaton Vance Tax-Advantaged Global Divide finds support from accumulated volume at £3.97.
This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved £0.08 between high and low, or 2.01%. For the last week, the stock has had a daily average volatility of 2.24%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
2.24 %Average volatility
Very Low Low Medium High Very High
The Eaton Vance Tax-Advantaged Global Divide stock holds several negative signals and despite the positive trend we believe Eaton Vance Tax-Advantaged Global Divide will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!