EVLN Eaton Vance Floating-Rate ETF Forecast, Technical & Fundamental Analysis

EVLN in -0.06% downward trend, declining for three consecutive days on June 12, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where EVLN declined for three days, in of 31 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for EVLN turned negative on June 02, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 12 similar instances when the indicator turned negative. In of the 12 cases the stock turned lower in the days that followed. This puts the odds of success at .

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EVLN advanced for three days, in of 87 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 189 cases where EVLN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .