EATON CORP PLC (ETN)
IE00B8KQN827 - Common Stock
We assign a technical rating of 10 out of 10 to ETN. Both in the recent history as in the last year, ETN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ETN did better than 95% of all other stocks. On top of that, ETN also shows a nice and consistent pattern of rising prices.
ETN is part of the Electrical Equipment industry. There are 86 other stocks in this industry. ETN outperforms 92% of them.
ETN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ETN is leading the market.
ETN has an average volume of 2133210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ETN has a been trading in the 302.26 - 331.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ETN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 308.08, a Stop Loss order could be placed below this zone.
More info and screens
228.08
327.54
We found 3 important support areas.
- A support zone ranging from 298.73 to 308.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @288.60 from a trend line in the daily time frame.
- Support @230.38 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.86
Mansfield2.6
10 Day High325.41
10 Day Low302.26
20 Day High331.47
20 Day Low302.26
52 Week High331.47
52 Week Low165.24
Performance
1 Week7.02%
2 Weeks1.82%
1 Month3.72%
3 Month31.89%
6 Month66.04%
12 Month94.05%
2 Year123.62%
3 Year126.89%
5 Year291.57%
10 Year346.45%
15 Year1380.82%
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)
Technical Indicators
MACD(12,26,9)-0.4
RSI(14)62.41
LBB303.85
UBB324.42
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 325.42 | 302.25 | 23.17 (7.12%) | 14.04% |
| An entry @325.42. This is a Buy Stop order right above the 10 day high. | An exit @302.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 23.17 points, which is 7.12%. | For a 1.00% total portfolio risk, you can invest 14.04% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EATON CORP PLC
NYSE:ETN (4/26/2024, 7:04:00 PM)
After market: 324.3 0 (0%)324.3
+7.2 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.27%
1 Week7.02%
2 Weeks1.82%
1 Month3.72%
3 Month31.89%
6 Month66.04%
12 Month94.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.68
ATR(20)%2.51%
ATR Inc
Range Today7.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High325.41
10 Day Low302.26
20 Day High331.47
20 Day Low302.26
52 Week High331.47
52 Week Low165.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.31M
Volume Incr16.19%
Vol(5)2.69M
Vol(50)2.13M