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Stock Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Eaton Vance Floating Rate Income Trust Common Shares of Beneficial Interest (NYSE:EFT)
Crossroads (-60) - EFT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EFT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EFT.
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 EFT
The long-term trend has been UP since Dec 6th, 2024 at 13.50
The intermediate-term trend has been DOWN since Dec 20th, 2024 at 13.25
The short-term trend has been DOWN since Dec 27th, 2024 at 13.20
Smart Scan Analysis for EFT
Based on our trend formula, EFT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.900 | 13.030 | 12.860 | 12.975 | +0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.830 | 63134 | 2025-01-02 14:58:36 |
| Year High | 15.29 | Year High Date | 2018-04-12 |
| Year Low | 13.42 | Year Low Date | 2018-11-29 |
| 52wk High | 13.88 | 52wk High Date | 2024-08-01 |
| 52wk Low | 12.51 | 52wk Low Date | 2024-01-02 |
| Year End Close | 17.04 | Average Volume | 83,013 |
| Shares Outstanding | 34,000 | Market Cap | 525M |
| Assets | 582,080,324M | Liabilities | 213,030,827M |
| P/E Ratio | 16.1844 | Beta | -0.78000000 |
| Volatility | 7.96 |