Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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 DOWN since Aug 2nd, 2024 at 13.1700
The intermediate-term trend has been UP since Oct 16th, 2024 at 13.0500
The short-term trend has been UP since Nov 18th, 2024 at 13.2799
Smart Scan Analysis for EFT
Based on our trend formula, EFT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.3500 | 13.4200 | 13.3227 | 13.3400 | -0.0200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.4100 | 66506 | 2024-11-19 15:56:24 |
| 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 | 12.02 | 52wk Low Date | 2023-11-21 |
| Year End Close | 17.04 | Average Volume | 77,688 |
| 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 |