Technical Analysis for EVT - Economic Investment Trust Limited

Grade Last Price % Change Price Change
C 134.400 0.30% 0.400
EVT closed up 0.3 percent on Friday, June 21, 2024, on 3.67 times normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 0.30%
Narrow Range Bar Range Contraction 0.30%

   Recent Intraday Alerts

Alert Time
Down 2 ATRs 4 days ago
Down 1 ATR 4 days ago
Fell Below Previous Day's Low 4 days ago
Outside Day 4 days ago
Down 2% 4 days ago

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Profile

Economic Investment Trust Limited Description

Economic Investment Trust Limited is a closed-end investment company. The Company is an investment vehicle for long-term growth through investments in common equities. Its objective is to earn an above-average rate of return, primarily through long-term capital appreciation and dividend income. Its investment portfolio consists of a mix of Canadian and foreign investments. From time to time, however, assets of the Company may be invested in interest-bearing short-term securities pending the selection of suitable equity investments. The Company owns, directly and indirectly, long-term investments in the common shares of some publicly traded Canadian companies, and a managed global investment portfolio of common shares of publicly traded global companies. The long-term investments consist primarily of the publicly traded common shares of E-L Financial Corporation Limited, Algoma Central Corporation and The Bank of Nova Scotia. Burgundy Asset Management Ltd. is its investment manager.


Classification

Sector: Financial
Industry: Capital Markets
Keywords: Security Financial Dividend Bank Investment Management Asset Management Investment Fund Investment Trust Rate Of Return Vehicle Nova Scotia Investment Company Private Equity Real Estate Algoma Central

Is EVT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 141.2833
52 Week Low 107.6444
Average Volume 803
200-Day Moving Average 130.691
50-Day Moving Average 137.488
20-Day Moving Average 138.531
10-Day Moving Average 137.444
Average True Range 1.490
RSI (14) 37.89
ADX 17.09
+DI 36.870
-DI 41.439
Chandelier Exit (Long, 3 ATRs) 136.623
Chandelier Exit (Short, 3 ATRs) 138.469
Upper Bollinger Bands 142.557
Lower Bollinger Band 134.504
Percent B (%b) -0.01
BandWidth 5.813
MACD Line -0.647
MACD Signal Line 0.124
MACD Histogram -0.7715
Fundamentals Value
Market Cap 754.73 Million
Num Shares 5.62 Million
EPS 1.21
Price-to-Earnings (P/E) Ratio 110.71
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 140.400
Resistance 3 (R3) 140.933 139.467 139.400
Resistance 2 (R2) 139.467 137.939 139.200 139.066
Resistance 1 (R1) 136.933 136.995 136.200 136.400 138.733
Pivot Point 135.467 135.467 135.100 135.200 135.467
Support 1 (S1) 132.933 133.939 132.200 132.400 130.067
Support 2 (S2) 131.467 132.995 131.200 129.734
Support 3 (S3) 128.933 131.467 129.400
Support 4 (S4) 128.400