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Eaton Vance Intermediate Municipal Income (EVIM) Enters Oversold Territory

Source: Nasdaq

Market Technicals & FlowsInvestor Sentiment & Positioning

Eaton Vance Intermediate Municipal Income ETF (EVIM) moved into oversold territory on Monday, trading as low as $52.01 per share, based on an RSI oversold signal. The news is primarily technical/positioning with no accompanying fundamentals or policy changes reported, so expected impact is limited.

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