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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Eaton Vance Floating Rate Income Trust Common Shares of Beneficial Interest (NYSE:EFT)

Long-Term Uptrend (+90) - EFT is in a strong uptrend that is likely to continue. While EFT 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 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.

NYSE_EFT
Open High Low EFT Price Change
13.750 13.752 13.550 13.590 -0.100
Entry Signal

MarketClub’s Trade Triangles for EFT

long term up The long-term trend has been UP since Dec 14th, 2023 at 12.51

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2024 at 13.32

short term up The short-term trend has been UP since May 15th, 2024 at 13.53

Smart Scan Analysis for EFT

Based on our trend formula, EFT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.750 13.752 13.550 13.590 -0.100
Prev. Close Volume Bid Ask Time
13.690 76067 2024-05-22 15:59:59
Year High15.29Year High Date2018-04-12
Year Low13.42Year Low Date2018-11-29
52wk High13.6952wk High Date2024-05-21
52wk Low11.152wk Low Date2023-05-25
Year End Close17.04Average Volume104,586
Shares Outstanding34,000Market Cap525M
Assets582,080,324MLiabilities213,030,827M
P/E Ratio16.1844Beta-0.78000000
Volatility7.96
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