EVN Eaton Vance Municipal Income Trust Forecast, Technical & Fundamental Analysis
Eaton Vance Municipal Income Trust is a United States-based diversified, closed-end management investment company... Show more
EVN's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for EVN turned positive on July 23, 2025. Looking at past instances where EVN's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 21, 2025. You may want to consider a long position or call options on EVN as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 50-day moving average for EVN moved above the 200-day moving average on July 03, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EVN advanced for three days, in of 283 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 266 cases where EVN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
EVN broke above its upper Bollinger Band on July 23, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
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EVN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EVN has been loosely correlated with NAD. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if EVN jumps, then NAD could also see price increases.