Eaton Vance stock: buy or sell

EV stock price: $73.07 -0.98% At close on Feb 26th, 2021

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

EV stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $75.61 (3.48% above)
  • The current supports are:

  • S1: $72.90 (-0.23% below)
  • S2: $66.85 (-8.51% below)
  • S3: $57.92 (-20.73% below)
  • 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

    EV stock Bollinger Bands chart

    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

    EV stock RSI chart

    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

    EV stock price history chart

    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

    EV performance compared
    Company1m3m6m
    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 only

    Eaton 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 dateMay 19th, 2021

    Frequently asked questions

    What is Eaton Vance stock symbol?

    Eaton Vance Corp. is a public company trading in the US stock market with the EV symbol

    Is Eaton Vance stock a buy or sell?

    Eaton Vance had no ratings in the last 4 weeks Read the article to get additional tips on trading EV stock.

    Will EV go up?

    There were no predictions posted by market analysts in the last 30 days for Eaton Vance.