ETO Technical

Technical Sentiment Analysis for Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) As of 2025-04-24, Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETO stands at 51.91, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.37, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.42 and the Commodity Channel Index (CCI) at 34.62 further confirm a 0.74 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ETO is trading below its 60-day moving average of $24.84 and below its 200-day long-term moving average of $25.05. Key price levels to watch include the immediate resistance at $24.19 and strong support at $22.38. A break above $24.19 could signal a bull continuation, while falling below $22.38 may test the next Fibonacci floor at $21.46.