Technical Analysis for EVT - Economic Investment Trust Limited

Grade Last Price % Change Price Change
A 176.110 1.01% 1.760
EVT closed up 1.01 percent on Tuesday, November 19, 2024, on 65 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Sell Signal Bearish 1.01%
Slingshot Bullish Bullish Swing Setup 1.01%
Overbought Stochastic Strength 1.01%
Gapped Down Weakness 1.01%

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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 177.71
52 Week Low 116.8086
Average Volume 461
200-Day Moving Average 139.447
50-Day Moving Average 160.967
20-Day Moving Average 167.130
10-Day Moving Average 171.358
Average True Range 1.926
RSI (14) 73.47
ADX 24.55
+DI 57.206
-DI 30.000
Chandelier Exit (Long, 3 ATRs) 171.931
Chandelier Exit (Short, 3 ATRs) 164.929
Upper Bollinger Bands 177.550
Lower Bollinger Band 156.710
Percent B (%b) 0.93
BandWidth 12.469
MACD Line 4.155
MACD Signal Line 3.420
MACD Histogram 0.7347
Fundamentals Value
Market Cap 988.95 Million
Num Shares 5.62 Million
EPS 1.21
Price-to-Earnings (P/E) Ratio 145.07
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) 178.510
Resistance 3 (R3) 178.777 178.243 178.110
Resistance 2 (R2) 178.243 177.632 178.110 177.977
Resistance 1 (R1) 177.177 177.255 176.910 176.910 177.843
Pivot Point 176.643 176.643 176.510 176.510 176.643
Support 1 (S1) 175.577 176.032 175.310 175.310 174.377
Support 2 (S2) 175.043 175.655 174.910 174.243
Support 3 (S3) 173.977 175.043 174.110
Support 4 (S4) 173.710