Eaton Vance Total Return Bond ETF (EVTR)

Eaton Vance Total Return Bond ETF is trading at $49.13, down 0.16% on the session. The 50 day average sits at $49.15 and the 200 day at $50.51, which puts the stock in a downtrend. RSI is at 60.5, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $49.15 with resistance near $49.22, so that band frames the current range. Average daily movement is roughly $0.22, or about 0.4% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 7, momentum of 78 and a risk score of 92.

Under normal circumstances, at least 80% of the fund’s net assets (plus the amount of any borrowings for investment purposes) will be invested in fixed-income securities. The fund invests primarily in a diversified mix of U.S. dollar-denominated investment grade fixed-income securities, including U.S. government, corporate, municipal, mortgage- and asset-backed securities.