Mutual Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
EATON VANCE BALANCED FUND - CLASS R (NASDAQ:ERIFX)
Countertrend Down (-85) - ERIFX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ERIFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ERIFX
The long-term trend has been DOWN since Dec 9th, 2021 at 11.65
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 12.10
The short-term trend has been UP since Jan 12th, 2022 at 11.25
Smart Scan Analysis for ERIFX
Based on our trend formula, ERIFX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.26||52wk High Date||2021-11-05|
|52wk Low||10.76||52wk Low Date||2021-01-29|
|Year End Close||11.45||Payment Date||2020-06-10|