EATON CORP PLC (ETN)

IE00B8KQN827 - Common Stock

338.12  +2.48 (+0.74%)

After market: 375.63 +37.51 (+11.09%)

Technical Rating and Analysis

6

Overall ETN gets a technical rating of 6 out of 10. In the last year, ETN was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month ETN has a been trading in the 332.12 - 379.99 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, ETN did better than 85% of all other stocks.
ETN is one of the better performing stocks in the Electrical Equipment industry, it outperforms 78% of 88 stocks in the same industry.
ETN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ETN is performing more or less in line with the market.
ETN has an average volume of 1927570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ETN Weekly chart
ETN Daily chart
Setup Rating and Analysis

3

ETN has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

323.69

381.31

When analyzing the support we notice one important area.

  • A support zone ranging from 326.96 to 338.11. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 349.17 to 355.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 371.95 to 377.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.26
Mansfield-0.12
10 Day High373
10 Day Low332.12
20 Day High379.99
20 Day Low332.12
52 Week High379.99
52 Week Low231.84
Performance
1 Week-5.03%
2 Weeks-8.92%
1 Month-8.85%
3 Month2.27%
6 Month5.64%
12 Month41.69%
2 Year115.43%
3 Year95.65%
5 Year256.97%
10 Year397.53%
15 Year962.94%
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)-4.56
RSI(14)33.62
LBB330.3
UBB384.52
ETN Daily chart

EATON CORP PLC

NYSE:ETN (12/20/2024, 8:07:40 PM)

After market: 375.63 +37.51 (+11.09%)

338.12

+2.48 (+0.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.74%
1 Week-5.03%
2 Weeks-8.92%
1 Month-8.85%
3 Month2.27%
6 Month5.64%
12 Month41.69%
2 Year115.43%
3 Year95.65%
5 Year256.97%
10 Year397.53%
15 Year962.94%
Volatility
ATR(14)7.91
ATR(20)%2.21%
ATR Inc1.12%
Range Today9.89
ADR(20)7.12
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.26
Mansfield-0.12
10 Day High373
10 Day Low332.12
20 Day High379.99
20 Day Low332.12
52 Week High379.99
52 Week Low231.84
CS1 End338.11
CR1 Start349.17
Volume & EV
DER(3)0.44%
DER(5)1.82%
Volume4.86M
Volume Incr60.77%
Vol(5)2.82M
Vol(50)1.93M