Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Eaton Vance Floating Rate Income Trust Common Shares of Beneficial Interest (NYSE:EFT)
Countertrend Up (+85) - EFT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EFT
The long-term trend has been UP since Dec 14th, 2023 at 12.51
The intermediate-term trend has been UP since Mar 26th, 2024 at 13.32
The short-term trend has been DOWN since Apr 22nd, 2024 at 13.33
Smart Scan Analysis for EFT
Based on our trend formula, EFT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.400 | 13.400 | 13.280 | 13.365 | -0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.400 | 59612 | 2024-04-24 15:59:57 |
| Year High | 15.29 | Year High Date | 2018-04-12 |
| Year Low | 13.42 | Year Low Date | 2018-11-29 |
| 52wk High | 13.5 | 52wk High Date | 2024-04-18 |
| 52wk Low | 11.1 | 52wk Low Date | 2023-05-25 |
| Year End Close | 17.04 | Average Volume | 90,430 |
| 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 |