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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FD A (NASDAQ:EGRAX)
Crossroads (-60) - EGRAX 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 EGRAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EGRAX.
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 EGRAX
The long-term trend has been UP since Dec 14th, 2023 at 10.06
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 10.34
The short-term trend has been DOWN since Apr 10th, 2024 at 10.43
Smart Scan Analysis for EGRAX
Based on our trend formula, EGRAX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.31 | 10.31 | 10.31 | 10.28 | -0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.28 | 0 | 10.22 | 10.56 | 2024-04-16 20:00:00 |
| 52wk High | 10.44 | 52wk High Date | 2024-04-08 |
| 52wk Low | 9.67 | 52wk Low Date | 2023-04-28 |
| Year End Close | 9.89 | Payment Date | 2019-12-31 |