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Mutual Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FD CL C (NASDAQ:ECGMX)

Strong Downtrend (-100) - ECGMX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ECGMX continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ECGMX?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECGMX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ECGMX
Open High Low ECGMX Price Change
8.62 8.62 8.62 8.58 -0.02
Entry Signal

MarketClub’s Trade Triangles for ECGMX

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 8.75

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2021 at 8.65

short term down The short-term trend has been DOWN since Dec 30th, 2021 at 8.68

Smart Scan Analysis for ECGMX

Based on our trend formula, ECGMX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ECGMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.62 8.62 8.62 8.58 -0.02
Prev. Close Volume Bid Ask Time
8.62 0 8.60 8.60 2022-01-21 20:00:00
52wk High8.8752wk High Date2021-02-16
52wk Low8.5852wk Low Date2022-01-24
Year End Close8.64Payment Date2020-05-29
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