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EATON VANCE CORP
(EV-NYSE):
Technical Viewpoint: From a low
of $23.92 on Jul 18, 2006 prices
rallied, reaching a
high of $25.07
on Jul 28, 2006. A
decline saw prices pull back, reaching a
low of
$24.13 on Aug 1, 2006.
Another rally saw prices penetrate
resistance, closing 8/11/06
at $26.05. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 30, 2006 when the solid line crossed the dotted line to the upside.
Support: Remains at $24.00. Resistance: Is at $26.11.
Point & Figure: Reversed to the upside on Aug 11, 2006. A P&F upside
reversal takes place at $24.00. Summary: Technical indicators have turned bullish. BUY! EATON VANCE CORP
(EV-NYSE) @ $26.13 Stop: Use a protective stop of $24.13.
EATON VANCE CORP is currently trading @ $26.05 plus $1.20 on Aug 11, 2006. Price Objective:
$36.50. Risk/Reward: $2.00 VS. $10.37. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$36.50
Risk/Reward:
$2.00 VS. $10.37
Risk/Reward Ratio:
5:1
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