


Technical Sentiment Analysis for Eaton Vance Municipal Income Trust (EVN). As of 2026-05-06, Eaton Vance Municipal Income Trust (EVN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for EVN stands at 51.64, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.05, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 37.97 and the Commodity Channel Index (CCI) at -10.17 further confirm a -0.03 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, EVN is trading below its 60-day moving average of $10.68 and below its 200-day long-term moving average of $10.79. Key price levels to watch include the immediate resistance at $10.61 and strong support at $10.27. A break above $10.61 could signal a bull continuation, while falling below $10.27 may test the next Fibonacci floor at $10.1.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.93 | 10.1 | 10.27 | 10.44 | 10.61 | 10.78 | 10.95 |
| Fibonacci | 10.1 | 10.23 | 10.31 | 10.44 | 10.57 | 10.65 | 10.78 |
2026-05-06
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.64 |
| Stochastic Oscillator | 37.97 |
| Stochastic RSI | 24.71 |
| Commodity Channel Index (CCI) | -10.17 |
| Awesome Oscillator | -0.06 |
| Momentum | -0.03 |
| MACD | -0.05 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 10.42 | Buy |
| 10-Day | 10.45 | Buy |
| 20-Day | 10.53 | Buy |
| 60-Day | 10.68 | Sell |
| 200-Day | 10.79 | Sell |
| 250-Day | 10.69 | Sell |