EFT NEWS why is Eaton Vance Floating Rate Income Trust price falling or rising

EFT NEWS reasons for why stock price of Eaton Vance Floating Rate Income Trust is falling or rising

EFT Eaton Vance is falling or rising technical reasons

Technical analysis forecast for Eaton Vance Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Eaton Vance EFT at this time. Stock is falling and might fall more.

It appears as if Eaton Vance EFT gave a large move recently.

Stock of Eaton Vance (EFT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Eaton Vance is bearish for shortterm, and stock might move down till 13.2 or till 13.1. Use a stoploss of 13.24 and if the stock hits stoploss, then it can shoot up till 13.32

EFT Eaton Vance is falling or rising NEWS fundamental reasons

BeiGene (ONC) Soars 3.2%: Is Further Upside Left in the Stock? BeiGene (ONC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term. - NEWS as on 2025-02-21 nasdaq.com

More announcements and NEWS

EFT Eaton Vance Floating Rate Income Trust current price & indicator signals

Moving Averages for Eaton Vance Floating Rate Income Trust

5Day Average: 13.21
12Day Average: 13.2
20Day Average: 13.25
50Day Average: 13.24
100Day Average: 13.23
150Day Average: 13.16
200Day Average: 13.23

EFT Indicators & signals

Indicator MACD (12,26,9)

13.21, 13.25, -0.02
Indicator MACD is in negative zone

Indicator ADX (14)

0, 53.85, 53.85
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EFT Eaton Vance Floating Rate Income Trust are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Fri Feb 2025	13.22	13.12 to 13.26	0.3%	0.98 times
27 Thu Feb 2025	13.18	13.16 to 13.24	-0.38%	1.06 times
26 Wed Feb 2025	13.23	13.19 to 13.25	0.15%	0.32 times
25 Tue Feb 2025	13.21	13.18 to 13.25	0.08%	0.54 times
24 Mon Feb 2025	13.20	13.16 to 13.25	0.46%	2.19 times
21 Fri Feb 2025	13.14	13.11 to 13.18	0%	0.49 times
20 Thu Feb 2025	13.14	13.13 to 13.21	0.08%	0.37 times
19 Wed Feb 2025	13.13	13.12 to 13.23	0%	1.1 times
19 Wed Feb 2025	13.13	13.12 to 13.23	-0.68%	1.1 times
18 Tue Feb 2025	13.22	13.11 to 13.30	0.08%	1.64 times
14 Fri Feb 2025	13.21	13.19 to 13.35	-0.9%	1.2 times
13 Thu Feb 2025	13.33	13.26 to 13.36	0.08%	0.94 times