Eaton Vance Municipal Income Trust (EVN) Technical Analysis: Signals, Charts & Indicators

2.72 / 10

Underperform

Technical score is 2.72/10 (underperform). Recent signals show four bearish patterns—MACD Death Cross, Inverted Hammer, MACD Golden Cross, and another Death Cross—while no bullish cues appear, indicating downward pressure.

Analysis Checks(0/5)

MACD Death Cross

Score1/10

Win Rate30.00%

Hist. Signals10

Avg Return-0.39%

MACD Golden Cross

Score3.15/10

Win Rate45.45%

Hist. Signals11

Avg Return0.40%

Inverted Hammer

Score1.32/10

Win Rate33.33%

Hist. Signals3

Avg Return-0.17%

Marubozu White

Score3.99/10

Win Rate52.94%

Hist. Signals17

Avg Return0.23%

Hanging Man

Score4.15/10

Win Rate50.00%

Hist. Signals4

Avg Return0.56%

Technical Analysis of EVN?

EVN presents a Underperform setup with a Technical Score of 2.72/10. Key technical indicators highlight an RSI of 38.73 and a MACD of -0.04, with the trend anchored by the 50-Day SMA at 10.80. Traders should monitor key support at 10.33 and resistance at 10.50.