


Technical Sentiment Analysis for Eaton Vance Municipal Income Trust (EVN). As of 2026-04-16, Eaton Vance Municipal Income Trust (EVN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 3 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EVN stands at 51.45, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.04, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 85.31 and the Commodity Channel Index (CCI) at 66.83 further confirm a 0.18 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EVN is trading below its 60-day moving average of $10.76 and below its 200-day long-term moving average of $10.78. Key price levels to watch include the immediate resistance at $10.75 and strong support at $10.25. A break above $10.75 could signal a bull continuation, while falling below $10.25 may test the next Fibonacci floor at $9.96.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.75 | 9.96 | 10.25 | 10.46 | 10.75 | 10.96 | 11.25 |
| Fibonacci | 9.96 | 10.15 | 10.27 | 10.46 | 10.65 | 10.77 | 10.96 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.45 |
| Stochastic Oscillator | 85.31 |
| Stochastic RSI | 86.82 |
| Commodity Channel Index (CCI) | 66.83 |
| Awesome Oscillator | -0.02 |
| Momentum | 0.18 |
| MACD | -0.04 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 10.61 | Sell |
| 10-Day | 10.53 | Buy |
| 20-Day | 10.46 | Buy |
| 60-Day | 10.76 | Sell |
| 200-Day | 10.78 | Sell |
| 250-Day | 10.67 | Sell |