RSI low/high Values: [ 20 - 80 ]
* 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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Eaton Vance Massachusetts Municipal Bond stock downgraded to Sell Candidate
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Eaton Vance Massachusetts Municipal Bond stock price fell by -0.712% on the last day (Wednesday, 27th Mar 2024) from £224.60 to £223.00. During the last trading day the stock fluctuated 3.44% from a day low at £221.20 to a day high of £228.80. The price has fallen in 8 of the last 10 days and is down by -8.68% 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 -70 thousand shares and in total, 203 thousand shares were bought and sold for approximately £45.17 million.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at £221.12 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -12.19% during the next 3 months and, with a 90% probability hold a price between £194.18 and £214.53 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MAB.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 0.360%. 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 Massachusetts Municipal Bond 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 £227.09 and £238.59. 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 together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Eaton Vance Massachusetts Municipal Bond stock

Eaton Vance Massachusetts Municipal Bond finds support from accumulated volume at £222.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £7.60 (3.44%) between high and low. For the last week, the stock has had daily average volatility of 3.40%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MAB.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value to open at £224.33, and during the day (based on 14 day Average True Range), to move between £215.26 and £230.74, which gives a possible trading interval of +/-£7.74 (+/-3.47%) up or down from last closing price. If Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value takes out the full calculated possible swing range there will be an estimated 6.95% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £222.20 (0.36%) than the resistance at £228.00 (2.24%), 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 Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value stock A Buy?

Eaton Vance Massachusetts Municipal Bond holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.462 Sell Candidate Downgraded

Predicted Opening Price for Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£224.33 ( 0.598%) £223.00

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

Trading levels for MAB.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 231.93 4.01 %
R2 229.03 2.70 %
R1 227.24 1.90 %
Current price: 223.00
Support S1 221.43 -0.704 %
S2 219.64 -1.51 %
S3 216.73 -2.81 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 244.20 9.51 %
R2 236.40 6.01 %
R1 228.00 2.24 %
Current price 223.00
Support S1 222.20 -0.359%
S2 0 .
S3 0 .

MAB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 23, 2017 Dec 14, 2017 Feb 06, 2018 £4.51 2.11%
2 May 17, 2017 May 25, 2017 Jul 03, 2017 £2.26 1.10%
3 Nov 22, 2016 Dec 01, 2016 Feb 07, 2017 £4.51 1.92%
4 May 19, 2016 May 26, 2016 Jul 04, 2016 £2.26 1.11%
5 Nov 24, 2015 Dec 03, 2015 Feb 09, 2016 £4.51 1.94%

FAQ

What is the symbol for Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock and on which exchange is it traded?
The symbol for Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value is MAB.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock?
Eaton Vance Massachusetts Municipal Bond holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock?
Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value 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 Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock.

What's the current price of Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock?
As of the end of day on the 2024-03-27, the price of an Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value (MAB.L) share was £223.00.

What is the 52-week high and low for Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock?
The 52-week high for Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock is £275.00 and the 52-week low is £155.00.

What is the market capitalization of Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value Stock?
As of the 2024-03-27, the market capitalization of Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value is 1.324B.

When is the next earnings date for Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value?
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About Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest, $.01 par value

Eaton Vance Massachusetts Municipal Bond Fund Common Shares of Beneficial Interest $.01 par value Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, Ember Inns, Harvester, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats. It also engages in the leisure retailing; property leasing, prope... MAB.L Profile

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