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Mutual Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND CL A (NASDAQ:EAGMX)
Crossroads (+60) - EAGMX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EAGMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EAGMX.
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 EAGMX
The long-term trend has been UP since Jan 12th, 2024 at 8.27
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 8.41
The short-term trend has been DOWN since Apr 26th, 2024 at 8.42
Smart Scan Analysis for EAGMX
Based on our trend formula, EAGMX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.41 | 8.41 | 8.41 | 8.44 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.43 | 0 | 8.38 | 8.66 | 2024-04-29 18:45:00 |
| 52wk High | 8.73 | 52wk High Date | 2024-04-09 |
| 52wk Low | 8.15 | 52wk Low Date | 2023-11-14 |
| Year End Close | 8.24 | Payment Date | 2022-08-31 |