Technical analysis from Eaton Vance Limited Duration Income Fund (EVV, AMEX:EVV) on the American Stock Exchange (AMEX). Download the latest price data & trading signals

Eaton Vance Limited Duration Income Fund has broken the first Woodie support point ($12.9260) [Bearish]. Look for a short limit order entry near this point. Exit price for EVV should be set @$12.9180 & short position stoploss for Eaton Vance Limited Duration Income Fund should be set at $12.9780

[BEARISH]: Eaton Vance Limited Duration Income Fund currently has negative momentum of -0.1500 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.5000%.The largest downward momentum rally for the last 3 months is 4 days producing a return of -0.9%%.

[BEARISH]: Eaton Vance Limited Duration Income Fund has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Apr 24 2018.

[BEARISH]: Eaton Vance Limited Duration Income Fund sellers in control. This is the first day of seller commitment for Eaton Vance Limited Duration Income Fund adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 62 trading days with the closing price in the lower part of the range giving a confirmation ratio of 23.6%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 22.2%. Currently this quarter, closing price has spent 4 days in the lower price range compared to 7 days in the upper range giving a ratio of 0.6x.

[BULLISH CROSSOVER]: Eaton Vance Limited Duration Income Fund currently has positive Volume MACD of 247.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

[BEARISH]: Eaton Vance Limited Duration Income Fund currently has negative rate of change of -1.1000%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

[BEARISH]: Eaton Vance Limited Duration Income Fund has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

[BEARISH]: Eaton Vance Limited Duration Income Fund currently has negative MACD of -0.0140. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -0.9%.

EVV: VOLUME Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: BEARISH (3) 23 Apr: BULLISH

Eaton Vance Limited Duration Income Fund has broken the first DeMark support point ($12.9475) [Bearish]. Look for a short limit order entry near this point. Exit price for EVV should be set @$12.9250 & short position stoploss for Eaton Vance Limited Duration Income Fund should be set at $12.9550

EVV: TMA Recent Trading -> (1) 25 Apr: 13.0200 (2) 24 Apr: 13.0350 (3) 23 Apr: 13.0440

[BULLISH]: Eaton Vance Limited Duration Income Fund currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.5%.

EVV: ADLINE Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: BULLISH (3) 23 Apr: BULLISH

[BEARISH]: Eaton Vance Limited Duration Income Fundsellers are keener than buyers and are driving the price down. This is the first day of price decline for EVV adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -0.9 & the greatest daily negative change this year has been -2.0. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -4.1%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -1.1%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -0.400000%

[BEARISH]: Eaton Vance Limited Duration Income Fund is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

[BEARISH]: Eaton Vance Limited Duration Income Fund currently has negative PVO -5.0000%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.9%.