EATON CORP PLC (ETN) Stock Technical Analysis
NYSE:ETN - New York Stock Exchange, Inc. - IE00B8KQN827 - Common Stock - Currency: USD
Overall ETN gets a technical rating of 0 out of 10. ETN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ETN is a bad performer in the overall market: 73% of all stocks are doing better.
ETN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
ETN has an average volume of 3901210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ETN is part of the Electrical Equipment industry. There are 97 other stocks in this industry, ETN did better than 64% of them.
In the last month ETN has a been trading in the 231.85 - 304.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ETN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ETN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
244.04
375.67
When analyzing the support we notice one important area.
- A support zone ranging from 246.51 to 246.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 273.53 to 275.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 288.03 to 295.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @302.85 from a horizontal line in the daily time frame.
- Resistance @332.46 from a horizontal line in the daily time frame.
- Resistance @357.74 from a trend line in the weekly time frame.
- Resistance @371.95 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.64
Mansfield-1.03
10 Day High286.61
10 Day Low231.85
20 Day High304.94
20 Day Low231.85
52 Week High379.99
52 Week Low231.85
Performance
1 Week-0.89%
2 Weeks2.86%
1 Month-9.21%
3 Month-22.51%
6 Month-22.94%
12 Month-11.45%
2 Year60.56%
3 Year85.02%
5 Year221.34%
10 Year290.4%
15 Year595.49%
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)1.21
RSI(14)44.74
LBB246.01
UBB292.27
268.32
-0.84 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.31%
1 Week-0.89%
2 Weeks2.86%
1 Month-9.21%
3 Month-22.51%
6 Month-22.94%
12 Month-11.45%
2 Year60.56%
3 Year85.02%
5 Year221.34%
10 Year290.4%
15 Year595.49%
Volatility
ATR(14)17.46
ATR(20)%5.63%
ATR Inc-47.14%
Range Today6.03
ADR(20)13.27
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.64
Mansfield-1.03
10 Day High286.61
10 Day Low231.85
20 Day High304.94
20 Day Low231.85
52 Week High379.99
52 Week Low231.85
CS1 End246.51
CR1 Start273.53
Volume & EV
DER(3)3.64%
DER(5)2.65%
Volume2.54M
Volume Incr-26.02%
Vol(5)2.93M
Vol(50)3.90M