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EVM Eaton Vance California Municipal Bond Fund

Asset Management NYSE

$9.01 +0.04 (0.44%)
update: 2025-07-05
Prev Close $8.97
Market Cap $221.8M
Day Range $8.99 - $9.02
Open $9.00
P/E Ratio 6.72
52W Change -4.16%
24H Volume 37.25K
Dividend Yield 5.57%
EPS
DAY WEEK PRICE LEVEL

Trading Signals (EVM)

Overall Signal

BUY

Strong buyish signal based on multiple indicators.

Confidence: 74%
Updated: 2025-07-05

Key Price Levels

Support Levels

  • Strong Support $8.76
  • Medium Support $8.84
  • Weak Support $8.93

Resistance Levels

  • Weak Resistance $9.09
  • Medium Resistance $9.18
  • Strong Resistance $9.26

Stop Loss Suggestions

  • Conservative $8.78
  • Moderate $8.89
  • Aggressive $8.8

Signal Indicator

Indicator Signal Strength Timeframe
Moving Averages NEUTRAL
Short & Medium Term
Oscillators BUY
Short Term
Trend Indicators BUY
Short & Medium Term
Volume Indicators BUY
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 (EVM)

Quarterly Outlook :

EVM Quarterly Outlook
2025-07-05

Bullish Scenario

Probability 35.16%
from current 5.83%
Prediction $10

Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (12.06) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (51.71) is in bullish territory, indicating upward momentum. MACD line (-0.06) is above Signal line (-0.07) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.21, indicating the average weekly price range.

EVM Quarterly Outlook
2025-07-05

Base Scenario

Probability 53.85%
from current 1.17%
Prediction $9

Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (12.06) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (51.71) is in bullish territory, indicating upward momentum. MACD line (-0.06) is above Signal line (-0.07) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.21, indicating the average weekly price range.

EVM Quarterly Outlook
2025-07-05

Bearish Scenario

Probability 10.99%
from current -4.66%
Prediction $9

Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (12.06) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (51.71) is in bullish territory, indicating upward momentum. MACD line (-0.06) is above Signal line (-0.07) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.21, indicating the average weekly price range.

Annual Outlook

EVM Annual Outlook
2025-07-05

Bullish Scenario

Probability 35.16%
from current 11.65%
Prediction $10

Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (12.06) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (51.71) is in bullish territory, indicating upward momentum. MACD line (-0.06) is above Signal line (-0.07) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.21, indicating the average weekly price range.

EVM Annual Outlook
2025-07-05

Base Scenario

Probability 53.85%
from current 2.33%
Prediction $9

Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (12.06) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (51.71) is in bullish territory, indicating upward momentum. MACD line (-0.06) is above Signal line (-0.07) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.21, indicating the average weekly price range.

EVM Annual Outlook
2025-07-05

Bearish Scenario

Probability 10.99%
from current -9.32%
Prediction $8

Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (12.06) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (51.71) is in bullish territory, indicating upward momentum. MACD line (-0.06) is above Signal line (-0.07) (bullish crossover), confirming upward momentum. Current Weekly ATR is 0.21, indicating the average weekly price range.

Technical Analysis (EVM)

Trend Identification

EVM Technical Analysis 2025-07-05

EMA

Exponential Moving Average

NEUTRAL
EMA(20) 8.83
EMA(55) 8.87
EMA(100) 9.06

Current price (9.01) is above both Short MA (8.83) and Long MA (8.87). This indicates strong bullish momentum. Short MA (8.83) is below Long MA (8.87), a bearish crossover ('Death Cross' if it's a significant period). This indicates a downward trend. MAs (8.83, 8.87, 9.06) show mixed alignment, suggesting market indecision or range-bound activity.

EVM Technical Analysis 2025-07-05

MACD

Moving Average Convergence Divergence

BUY
MACD Line(12) 0.02
Signal Line(26) -0.01
Histogram(9) 0.03

MACD line is above the Signal line (bullish crossover). This indicates upward momentum. Histogram (0.0300) is positive and expanding, confirming bullish momentum. MACD and Signal lines are on opposite sides of the zero line, indicating a potential zero-line crossover. This is a significant trend indicator.

EVM Technical Analysis 2025-07-05

ADX

Average Directional Index

NEUTRAL
ADX(14) 12.61
+DI 22.76
-DI 12.33

ADX (12.61) indicates a weak or non-existent trend (ranging market). +DI (22.76) is above -DI (12.33), suggesting a bullish directional bias. Avoid trend-following strategies. Consider range-bound or reversal strategies, or wait for a clearer trend to develop.

Momentum Measurement

RSI (2025-07-05)

Relative Strength Index

BUY
Current RSI(14) 63.35
Oversold Neutral Overbought

RSI (63.35) 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 (265907.00) is rising, indicating buying pressure and accumulation. Price is rising and OBV is rising. This is bullish confirmation, indicating buying pressure supports the price increase. Consider holding long positions or initiating new ones. Volume is supporting the trend.

Stochastic (2025-07-05)

Stochastic Oscillator

SELL
%K Line 78.33
%D Line 78.79

Stochastics (%K: 78.33, %D: 78.79) 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) 201.56

CCI (201.56) 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

SELL
Upper Band 8.98
Middle Band (MA20) 8.83
Lower Band 8.69
Band Width 3%

Current price (9.01) is above the Upper Bollinger Band (8.98). This often indicates an overextended move and a potential reversal downwards, or strong upward momentum ('walking the band'). Consider shorting or taking profit on long positions, but confirm with other indicators.

Risk Management & Potential Reversals (EVM)

SAR (2025-07-05)

Parabolic Stop and Reverse

BUY
Current SAR 8.78
Distance from Price 2.55%

SAR points below price indicate bullish trend. Current SAR at 8.78 is 2.55% from price. Consider SAR as a potential stop-loss level to protect gains in an uptrend.

Stochastic (2025-07-05)

Approaching Overbought

Approaching Overbought
Stochastic Position 78.3
Crossover Status No Crossover

Stochastic is approaching overbought territory (78.3). No reversal signal yet. Monitor for potential bearish crossover (K below D) or entry into overbought (80+) followed by reversal.

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

Overbought/Strong Trend
Band Position Above Upper Band
Band Squeeze None

Bands show normal bandwidth. Price is above the upper band, indicating overbought conditions or strong upward momentum. Expect a potential pullback or trend exhaustion.No indication of imminent volatility expansion or reversal.

Holder List Top 20 (EVM)

Holder Name Holder Type Shares Pct. Held Date Reported
Saba Capital Management, L.P. INSTITUTIONAL 4023724 16.31% 2025-03-31
SIT Investment Associates Inc INSTITUTIONAL 3535801 14.33% 2025-03-31
Exchange Listed Funds Trust-Saba Closed-End Funds ETF MUTUALFUND 576346 2.34% 2025-02-28
Icon Advisers Inc/co INSTITUTIONAL 533734 2.16% 2025-03-31
SCM Trust-ICON FLEXIBLE BOND FUND MUTUALFUND 533734 2.16% 2025-03-31
Advisors Asset Management, Inc. INSTITUTIONAL 490394 1.99% 2025-03-31
Guggenheim Capital, LLC INSTITUTIONAL 433909 1.76% 2025-03-31
Morgan Stanley INSTITUTIONAL 241118 0.98% 2025-03-31
Hennion & Walsh Asset Management, Inc. INSTITUTIONAL 215991 0.88% 2025-03-31
Deutsche Bank Aktiengesellschaft INSTITUTIONAL 203404 0.82% 2025-03-31
Wells Fargo & Company INSTITUTIONAL 196761 0.8% 2025-03-31
City of London Investment Management Co. Limited INSTITUTIONAL 187679 0.76% 2025-03-31
HC Capital Trust-The Intermediate Term Municipal Bond Portfolio MUTUALFUND 138683 0.56% 2025-03-31
Saba Capital Income & Opportunities Fund MUTUALFUND 59833 0.24% 2025-01-31
Unified Series Trust-Absolute CEF Opportunities MUTUALFUND 5300 0.02% 2025-04-30
SIT MUTUAL FUNDS INC-Sit Balanced Fund MUTUALFUND 2000 0.01% 2025-03-31
Rydex Variable Trust-Multi-Hedge Strategies Fund MUTUALFUND 417 0% 2025-03-31
Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund MUTUALFUND 319 0% 2025-03-31
insidersPercentHeld MAJOR 0%
institutionsPercentHeld MAJOR 0%