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Stock Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

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
13.050 13.220 12.850 12.885 -0.045
Entry Signal

MarketClub’s Trade Triangles for EFT

long term up The long-term trend has been UP since Aug 3rd, 2022 at 12.68

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2022 at 11.97

short term up The short-term trend has been UP since Jul 28th, 2022 at 12.12

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
13.050 13.220 12.850 12.885 -0.045
Prev. Close Volume Bid Ask Time
12.900 77522 2022-08-11 15:52:53
Year High15.29Year High Date2018-04-12
Year Low13.42Year Low Date2018-11-29
52wk High15.7352wk High Date2021-09-13
52wk Low11.4752wk Low Date2022-06-16
Year End Close17.04Average Volume59,721
Shares Outstanding34,000Market Cap525M
Assets620,372,322MLiabilities235,076,841M
P/E Ratio18.3404Beta-0.78000000
Volatility7.96
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