EATON CORP PLC (ETN) Stock Technical Analysis
NYSE:ETN - New York Stock Exchange, Inc. - IE00B8KQN827 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to ETN. ETN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
ETN is part of the Electrical Equipment industry. There are 95 other stocks in this industry. ETN outperforms 76% of them.
ETN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ETN has an average volume of 3307100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ETN outperforms 60% of them, which is more or less in line with the market.
ETN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETN is lagging the market slightly.
Besides having an excellent technical rating, ETN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
248.85
375.67
We found 1 important support area.
- Support @251.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 322.32 to 333.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @371.95 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ETN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETN is up. |
| ChartMill Relative Strength | 60.41 | NEUTRAL | ETN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.42 | NEUTRAL | The RSI value for ETN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.44 | POSITIVE | The MACD value suggests ETN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.71 | OVERBOUGHT | The high Stochastics value suggests ETN may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ETN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for ETN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:ETN (5/22/2025, 10:20:09 AM)
319.96
-2.37 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.74%
1 Week-2.05%
2 Weeks6.66%
1 Month16.93%
3 Month8.39%
6 Month-14.59%
12 Month-5.44%
2 Year83.25%
3 Year132.56%
5 Year279.66%
10 Year350.24%
15 Year821.6%
Volatility
ATR(14)7.99
ATR(20)%2.65%
ATR Inc-29.3%
Range Today0
ADR(20)7.65
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.41
Mansfield-0.12
10 Day High333.98
10 Day Low304.22
20 Day High333.98
20 Day Low275.98
52 Week High379.99
52 Week Low231.85
CS1 End322.32
CR1 Start323.46
Volume & EV
DER(3)-0.62%
DER(5)-0.27%
Volume87
Volume Incr-35.81%
Vol(5)1.83M
Vol(50)3.31M