Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND CLASS I (NASDAQ:EIGMX)

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

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

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

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

NASDAQ_EIGMX
Open High Low EIGMX Price Change
8.64 8.64 8.64 8.64 0.00
Entry Signal

MarketClub’s Trade Triangles for EIGMX

long term down The long-term trend has been DOWN since Mar 2nd, 2020 at 8.79

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2020 at 8.60

short term up The short-term trend has been UP since Aug 4th, 2020 at 8.60

Smart Scan Analysis for EIGMX

Based on our trend formula, EIGMX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EIGMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.64 8.64 8.64 8.64 0.00
Prev. Close Volume Bid Ask Time
8.64 0 8.64 8.64 2020-08-07 20:00:00
52wk High8.9652wk High Date2019-12-24
52wk Low8.0552wk Low Date2020-03-25
Year End Close8.83Payment Date2020-05-29
Get a free daily analysis and signals for EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND CLASS I (EIGMX) - Request Your Free Report.