CEV Eaton Vance California Municipal Income Trust Forecast, Technical & Fundamental Analysis
Eaton Vance CA Muni Income Trust is a non-diversified closed-end investment company... Show more
CEV in upward trend: price may jump up because it broke its lower Bollinger Band on May 21, 2025
CEV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where CEV's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where CEV's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 11, 2025. You may want to consider a long position or call options on CEV as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CEV just turned positive on June 12, 2025. Looking at past instances where CEV's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CEV advanced for three days, in of 291 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 272 cases where CEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
CEV moved below its 50-day moving average on May 20, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CEV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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General Information
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CEV and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CEV has been closely correlated with NAC. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if CEV jumps, then NAC could also see price increases.