Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Eaton Vance Floating Rate Income Trust Common Shares of Beneficial Interest (NYSE:EFT)
Bull Market Weakness (+75) - EFT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EFT as it may be in the beginning stages of a reversal.
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 Jan 31st, 2023 at 11.74
The intermediate-term trend has been UP since Jun 5th, 2023 at 11.44
The short-term trend has been DOWN since Sep 21st, 2023 at 12.35
Smart Scan Analysis for EFT
Based on our trend formula, EFT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.29 | 12.37 | 12.29 | 12.33 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.30 | 93246 | 2023-09-28 15:59:47 |
| Year High | 15.29 | Year High Date | 2018-04-12 |
| Year Low | 13.42 | Year Low Date | 2018-11-29 |
| 52wk High | 12.51 | 52wk High Date | 2023-09-15 |
| 52wk Low | 10.89 | 52wk Low Date | 2022-12-28 |
| Year End Close | 17.04 | Average Volume | 87,065 |
| 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 |