Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FD CL R (NASDAQ:ERGMX)
Long-Term Uptrend (+90) - ERGMX is in a strong uptrend that is likely to continue. While ERGMX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ERGMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERGMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ERGMX
The long-term trend has been UP since Jan 12th, 2024 at 8.28
The intermediate-term trend has been UP since Nov 20th, 2023 at 8.20
The short-term trend has been UP since Mar 4th, 2024 at 8.35
Smart Scan Analysis for ERGMX
Based on our trend formula, ERGMX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.45 | 8.45 | 8.45 | 8.43 | +0.01 |
Prev. Close | Volume | Bid | Ask | Time |
8.45 | 0 | 8.46 | 8.46 | 2024-03-22 20:00:00 |
52wk High | 8.46 | 52wk High Date | 2024-03-22 |
52wk Low | 8.17 | 52wk Low Date | 2023-10-31 |
Year End Close | 8.25 | Payment Date | 2024-03-28 |