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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Bull Market Weakness (+75) - ECGMX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ECGMX as it may be in the beginning stages of a reversal.

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
8.47 8.47 8.47 8.45 -0.02
Entry Signal

MarketClub’s Trade Triangles for ECGMX

long term up The long-term trend has been UP since Jan 12th, 2024 at 8.30

intermediate term up The intermediate-term trend has been UP since Oct 24th, 2023 at 8.22

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 8.46

Smart Scan Analysis for ECGMX

Based on our trend formula, ECGMX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ECGMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.47 8.47 8.47 8.45 -0.02
Prev. Close Volume Bid Ask Time
8.45 0 8.45 8.45 2024-03-27 20:00:00
52wk High8.4752wk High Date2024-03-26
52wk Low8.1952wk Low Date2023-11-14
Year End Close8.27Payment Date2022-08-31
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