After completing its last trading session, Eaton Vance Corporation (NYSE:EV) dropped by -0.8% – here is what that looked like (as of 2019-12-04):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.019, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.576, an Accumulation/Distribution Index (ADI) of 0.576, an On-Balance Volume (OBV) of 286.936, and a Chaiikin Money Flow (CMF) of 47.16. 1.961
Now let’s take all these indicators into account. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of Eaton Vance Corporation (NYSE:EV). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.