Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) Technical Analysis: Signals, Charts & Indicators

2.42 / 10

Underperform

Technical assessment scores 2.42/10, indicating a poor structure. The MACD Death Cross offers slight upside, but bearish patterns like Bullish Engulfing, MACD Golden Cross and Hanging Man dominate, signaling downside risk.

Analysis Checks(1/4)

MACD Death Cross

Score5.82/10

Win Rate56.25%

Hist. Signals16

Avg Return0.70%

MACD Golden Cross

Score1.88/10

Win Rate40.00%

Hist. Signals15

Avg Return-0.25%

Bullish Engulfing

Score1/10

Win Rate16.67%

Hist. Signals6

Avg Return-1.08%

Hanging Man

Score1/10

Win Rate10.00%

Hist. Signals10

Avg Return-0.71%

Technical Analysis of ETB?

ETB presents a Underperform setup with a Technical Score of 2.42/10. Key technical indicators highlight an RSI of 46.15 and a MACD of 0.02, with the trend anchored by the 50-Day SMA at 15.12. Traders should monitor key support at 14.50 and resistance at 14.90.