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CEV Eaton Vance California Municipal Income Trust

Asset Management NYSE

$9.71 -0.01 (-0.10%)
update: 2025-07-05
Prev Close $9.72
Market Cap $68.92M
Day Range $9.69 - $9.78
Open $9.75
P/E Ratio 12.76
52W Change -5.77%
24H Volume 29.12K
Dividend Yield 6.12%
EPS
DAY WEEK PRICE LEVEL

Trading Signals (CEV)

Overall Signal

SELL

Strong sellish signal based on multiple indicators.

Confidence: 10.4%
Updated: 2025-07-05

Key Price Levels

Support Levels

  • Strong Support $9.5
  • Medium Support $9.57
  • Weak Support $9.64

Resistance Levels

  • Weak Resistance $9.78
  • Medium Resistance $9.85
  • Strong Resistance $9.92

Stop Loss Suggestions

  • Conservative $9.77
  • Moderate $9.81
  • Aggressive $9.88

Analyst Ratings

Current Rating

Strong Buy 0
Buy 0
Hold 1
Sell 0
Strong Sell 0

Chart Analyst Ratings Loading

Last Month

Strong Buy
Buy
Hold
Sell
Strong Sell

2 Months Ago

Strong Buy
Buy
Hold
Sell
Strong Sell

3 Months Ago

Strong Buy
Buy
Hold
Sell
Strong Sell

Signal Indicator

Indicator Signal Strength Timeframe
Moving Averages NEUTRAL
Short & Medium Term
Oscillators BUY
Short Term
Trend Indicators BUY
Medium Term
Volume Indicators SELL
Short & Medium Term
Support/Resistance NEUTRAL
Short Term
Data Source: Consolidated ratings from various investment bank analysts. Ratings may change over time.

Stock Price Prediction Price Target Probabilities (CEV)

Quarterly Outlook :

CEV Quarterly Outlook
2025-07-05

Bullish Scenario

Probability 27.24%
from current 3.91%
Prediction $10

Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (20.77) indicates a developing or moderate trend. -DI > +DI suggests bearish directional bias. RSI (46.69) is in bearish territory, indicating downward momentum. MACD line (-0.10) is above Signal line (-0.11) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.19, indicating the average weekly price range.

CEV Quarterly Outlook
2025-07-05

Base Scenario

Probability 44.19%
from current -0.28%
Prediction $10

Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (20.77) indicates a developing or moderate trend. -DI > +DI suggests bearish directional bias. RSI (46.69) is in bearish territory, indicating downward momentum. MACD line (-0.10) is above Signal line (-0.11) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.19, indicating the average weekly price range.

CEV Quarterly Outlook
2025-07-05

Bearish Scenario

Probability 28.57%
from current -3.91%
Prediction $9

Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (20.77) indicates a developing or moderate trend. -DI > +DI suggests bearish directional bias. RSI (46.69) is in bearish territory, indicating downward momentum. MACD line (-0.10) is above Signal line (-0.11) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.19, indicating the average weekly price range.

Annual Outlook

CEV Annual Outlook
2025-07-05

Bullish Scenario

Probability 27.24%
from current 7.83%
Prediction $10

Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (20.77) indicates a developing or moderate trend. -DI > +DI suggests bearish directional bias. RSI (46.69) is in bearish territory, indicating downward momentum. MACD line (-0.10) is above Signal line (-0.11) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.19, indicating the average weekly price range.

CEV Annual Outlook
2025-07-05

Base Scenario

Probability 44.19%
from current -0.56%
Prediction $10

Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (20.77) indicates a developing or moderate trend. -DI > +DI suggests bearish directional bias. RSI (46.69) is in bearish territory, indicating downward momentum. MACD line (-0.10) is above Signal line (-0.11) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.19, indicating the average weekly price range.

CEV Annual Outlook
2025-07-05

Bearish Scenario

Probability 28.57%
from current -7.83%
Prediction $9

Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (20.77) indicates a developing or moderate trend. -DI > +DI suggests bearish directional bias. RSI (46.69) is in bearish territory, indicating downward momentum. MACD line (-0.10) is above Signal line (-0.11) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.19, indicating the average weekly price range.

Technical Analysis (CEV)

Trend Identification

CEV Technical Analysis 2025-07-05

EMA

Exponential Moving Average

NEUTRAL
EMA(20) 9.63
EMA(55) 9.66
EMA(100) 9.86

Current price (9.71) is above both Short MA (9.63) and Long MA (9.66). This indicates strong bullish momentum. Short MA (9.63) is below Long MA (9.66), a bearish crossover ('Death Cross' if it's a significant period). This indicates a downward trend. MAs (9.63, 9.66, 9.86) show mixed alignment, suggesting market indecision or range-bound activity.

CEV Technical Analysis 2025-07-05

MACD

Moving Average Convergence Divergence

BUY
MACD Line(12) 0.01
Signal Line(26) -0
Histogram(9) 0.02

MACD line is above the Signal line (bullish crossover). This indicates upward momentum. Histogram (0.0200) is positive and expanding, confirming bullish momentum. MACD and Signal lines are near the zero line, indicating weak momentum or market consolidation.

CEV Technical Analysis 2025-07-05

ADX

Average Directional Index

BUY
ADX(14) 27.29
+DI 26.79
-DI 9.16

ADX (27.29) indicates a strong trend is present. +DI (26.79) is above -DI (9.16), suggesting a bullish directional bias. This combination points to a strong upward trend. Consider taking long positions, as the strong upward trend is confirmed.

Momentum Measurement

RSI (2025-07-05)

Relative Strength Index

BUY
Current RSI(14) 57.76
Oversold Neutral Overbought

RSI (57.76) is in the bullish territory, but not yet overbought. This indicates upward momentum. Monitor for continuation or signs of weakness.

OBV (2025-07-05)

On-Balance Volume

Rising
OBV Trend Upward
OBV vs Price Confirming

OBV (-889954.00) is falling, indicating selling pressure and distribution. Price is falling and OBV is falling. This is bearish confirmation, indicating selling pressure supports the price decrease. Consider holding short positions or initiating new ones. Volume is supporting the trend.

Stochastic (2025-07-05)

Stochastic Oscillator

SELL
%K Line 58.95
%D Line 59.2

Stochastics (%K: 58.95, %D: 59.20) are in the neutral zone (between 20 and 80). No clear bullish or bearish crossover signal currently. The lines are close or moving sideways.

CCI (2025-07-05)

Commodity Channel Index

SELL
CCI(20) 114.35

CCI (114.35) is above +100. This suggests a strong upward momentum and an overbought condition. Consider profit-taking or looking for short entries cautiously. Confirm with price action; if price is making higher highs, momentum is strong. Look for pullbacks to enter long.

Volatility Measurement

ATR (2025-07-05)

Average True Range

0.08
ATR(14) 0.08
ATR % of Price ...%

Current ATR is 0.0800. ATR indicates average volatility. Market conditions are relatively stable.

Bollinger Bands (2025-07-05)

Volatility Bands

BUY
Upper Band 9.74
Middle Band (MA20) 9.63
Lower Band 9.53
Band Width 2%

Current price (9.71) is within the Bollinger Bands (9.53 - 9.74). This suggests the price is trading within its typical volatility range. Price is above the Middle Band (9.63), indicating short-term bullish bias.

Risk Management & Potential Reversals (CEV)

SAR (2025-07-05)

Parabolic Stop and Reverse

BUY
Current SAR 9.59
Distance from Price 1.24%

SAR points below price indicate bullish trend. Current SAR at 9.59 is 1.24% from price. Consider SAR as a potential stop-loss level to protect gains in an uptrend.

Stochastic (2025-07-05)

Neutral

Approaching Overbought
Stochastic Position 59.0
Crossover Status No Crossover

Stochastic is in neutral territory (59.0). No clear overbought/oversold signal.

RSI (2025-07-05)

Reversal Perspective

No Divergence
RSI Divergence None
Overbought/Oversold Neither

Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.

Bollinger Bands (2025-07-05)

Reversal Perspective

Bullish Bias
Band Position Upper Half
Band Squeeze None

Bands show normal bandwidth. Price is in the upper half of the bands, suggesting a bullish bias.No indication of imminent volatility expansion or reversal.

Holder List Top 20 (CEV)

Holder Name Holder Type Shares Pct. Held Date Reported
Saba Capital Management, L.P. INSTITUTIONAL 638737 9.08% 2025-03-31
Guggenheim Capital, LLC INSTITUTIONAL 165767 2.36% 2025-03-31
Hennion & Walsh Asset Management, Inc. INSTITUTIONAL 162971 2.32% 2025-03-31
Wolverine Asset Management, LLC INSTITUTIONAL 95569 1.36% 2025-03-31
Morgan Stanley INSTITUTIONAL 85419 1.21% 2025-03-31
Logan Stone Capital, LLC INSTITUTIONAL 62025 0.88% 2025-03-31
Almitas Capital LLC INSTITUTIONAL 61330 0.87% 2025-03-31
Royal Bank of Canada INSTITUTIONAL 57933 0.82% 2025-03-31
Exchange Listed Funds Trust-Saba Closed-End Funds ETF MUTUALFUND 56366 0.8% 2025-02-28
Advisors Asset Management, Inc. INSTITUTIONAL 53275 0.76% 2025-03-31
LPL Financial LLC INSTITUTIONAL 49449 0.7% 2025-03-31
Saba Capital Income & Opportunities Fund MUTUALFUND 9541 0.14% 2025-01-31
insidersPercentHeld MAJOR 0%
institutionsPercentHeld MAJOR 0%
institutionsFloatPercentHeld MAJOR 0%
institutionsCount MAJOR 0%