Eaton Vance stock: buy or sell
Updated on:
Apr 5th, 2021
2
Eaton Vance stock brief
- After marking new highs last February, Eaton Vance closed last February at $73.07 only moving a -0.98%
- Last February, Eaton Vance released its Q1 financial report
- Price is drawing a scaled uptrend since July 2020 with higher tops and higher bottoms. Up to date, shares made a 122.71% profit since the beginning of this rally
Should I buy Eaton Vance stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $EV stock a buy?
In the current situation of Eaton Vance there is not any eligible buy setup. This doesn't mean $EV will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Eaton Vance stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Just as when we have to buy shares, choosing when is appropiate time to sell is not a fickle decision, and we must follow our own trading style. When selling, as well as buying, detailed setups are very easy to use but are only applicable for selling shares you already own, not for selling short $EV stock
As a rule of thumb, you must never keep an operation that produces greater losses than those expected by the time of the buy. The timing to sell your stock always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell Eaton Vance stock?
In the current situation of Eaton Vance there is not any eligible sell setup, so Eaton Vance stock holders with operations in green can keep their positions
Eaton Vance ratings
We don't have any rating posted in the last month for Eaton Vance
Eaton Vance stock analysis
Since in July 2020, Eaton Vance has been printing an uptrend that by now marked a gorgeous 122.71%. The price action shows higher peaks and higher troughs, and along the way provided some buying opportunities for those who wanted to enter. Latest low was last January, when price bounced at $66.85. Now, the price trades in a consolidation between its last top ($75.61) and its last bottom ($66.85)
$EV at new Highs
Eaton Vance did it again, and hit new all-time highs (ATH) last February at $75.61
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Since the price surpassed the upper band last February, the price dropped by 2.40%. The price is trading very close to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 last February after just crossing to the overbough zone for 1 day (weak signal). The RSI value last February was 60.02
Eaton Vance stock price history
Eaton Vance started trading priced at an adjusted price1 of $0.89 on Oct 1994. Since then, EV stock surged by 8,110.11%, with an average of 311.93% per year. If you had invested thousand dollars in Eaton Vance stock on the IPO, it would be valued $82,101.12 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Eaton Vance stock
Nobody can predict how much a stock will be priced in the future. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.
The following table shows the price forecasts released by analysts for the last 30 days. If you are a small investor you must not buy or sell based on these price targets.
In the last 30 days we couldn't find any price target published for Eaton Vance stock.
Earnings and financials
Last February, Eaton Vance Corp. ($EV) reported adjusted EPS for that slightly enhanced Wall St. expectations. Quarterly EPS was $0.94 per share vs the estimates of $0.87. This Q1 report represents an earnings surprise of 8.05%. Predicted revenue was $457.6 million but Eaton Vance slightly enhanced by 6.86%, posting $489.0 million.
Same quarter last year, reported EPS was $0.86, so recently posted EPS is an improvement of 9.30%. Turnover climbed a 8.04% on an annualized basis in the , from $4.5B to $4.9B last quarter.Eaton Vance ($EV) posts financial report mid next May.
Eaton Vance performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Eaton Vance ($EV) | 7.40% | 14.10% | 91.00% |
Important:
The thoughts contained in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have an understanding of the particular positions of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for informational motives onlyEaton Vance summary
| Friday, February 26th, 2021 | |
|---|---|
| Open | $73.67 |
| Close | $73.07 |
| Day range | $72.68 - $74.2 |
| Previous close | $73.79 |
| Session gain | -0.98% |
| Average true range | $1.23 |
| 50d mov avg | $69.77 |
| 100d mov avg | $64.18 |
| 200d mov avg | $49.68 |
| Earnings date | May 19th, 2021 |