Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS): About To Explode? (2020-01-03)

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REPORTING FOR 2020-01-03 | WCX19.ORG: We have done an in-depth analysis of how EOS has been trading over the last 2 weeks and the past day especially. On its latest session, Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) opened at 17.88, reaching a high of 17.96 and a low of 17.82 before closing at a price of 17.84. There was a total volume of 134722.

VOLUME INDICATORS FOR EATON VANCE ENHANCED EQUITY INCOME FUND II (NYSE:EOS): We saw an accumulation-distribution index of 407.14333, an on-balance volume of -17.83, chaikin money flow of 2.5 and a force index of 0.0077. There was an ease of movement rating of -0.00016, a volume-price trend of 0.89802 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR EATON VANCE ENHANCED EQUITY INCOME FUND II (NYSE:EOS): We noted an average true range of 0.09652, bolinger bands of 17.92056, an upper bollinger band of 17.60944, lower bollinger band of 17.82, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 17.88667, high band keltner channel of 17.80667, low band keltner channel of 17.96667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 17.82, a donchian channel low band of 17.82, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR EATON VANCE ENHANCED EQUITY INCOME FUND II (NYSE:EOS): We calculated a Moving Average Convergence Divergence (MACD) of -0.00247, a MACD signal of -0.00137, a MACD difference of -0.0011, a fast Exponential Moving Average (EMA) indicator of 17.82, a slow Exponential Moving Average (EMA) indicator of 17.82, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.42029, a trix of 3.59687, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -0.8549, a KST Oscillator (KST) of 50.39187 and a KST Oscillator (KST Signal) of 50.39187 (leaving a KST difference of -1.62098). We also found an Ichimoku rating of 17.92, an Ichimoku B rating of 17.92, a Ichimoku visual trend A of 17.18108, an Ichimoku visual trend B of 17.34023, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR EATON VANCE ENHANCED EQUITY INCOME FUND II (NYSE:EOS): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.44193, a stochastic oscillator of 175.0, a stochastic oscillator signal of 175.0, a Williams %R rating of 75.0 and an awesome oscillator of 0.00883.

RETURNS FOR EATON VANCE ENHANCED EQUITY INCOME FUND II (NYSE:EOS): There was a daily return of 5.03919, a daily log return of -0.6192 and a cumulative return of -0.61728.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-03 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.