


Technical Sentiment Analysis for Eaton Vance Municipal Income Trust (EVN). As of 2026-06-16, Eaton Vance Municipal Income Trust (EVN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 11 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EVN stands at 60.27, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.09, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.36 and the Commodity Channel Index (CCI) at 123.44 further confirm a 0.09 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EVN is trading below its 60-day moving average of $10.58 and below its 200-day long-term moving average of $10.82. Key price levels to watch include the immediate resistance at $11.01 and strong support at $10.64. A break above $11.01 could signal a bull continuation, while falling below $10.64 may test the next Fibonacci floor at $10.45.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 10.27 | 10.45 | 10.64 | 10.82 | 11.01 | 11.19 | 11.38 |
| Fibonacci | 10.45 | 10.59 | 10.68 | 10.82 | 10.96 | 11.05 | 11.19 |
2026-06-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 60.27 |
| Stochastic Oscillator | 82.36 |
| Stochastic RSI | 86.41 |
| Commodity Channel Index (CCI) | 123.44 |
| Awesome Oscillator | 0.24 |
| Momentum | 0.09 |
| MACD | 0.09 |
2026-06-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 10.92 | Buy |
| 10-Day | 10.83 | Buy |
| 20-Day | 10.75 | Buy |
| 60-Day | 10.58 | Buy |
| 200-Day | 10.82 | Buy |
| 250-Day | 10.74 | Buy |