|
|
Archive - 2/20/2026 - Sign In to see current Signals. |
Eaton Corp. (ETN) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Eaton Corp. (ETN). During the week, the ETN dropped -15.87 points, or -4.08%, and closed at 373.38 on Friday, February 20, 2026. It was the worst weekly loss since November 21, 2025. Weekly volume was -13% below average. ETN is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ETN long-term trend chart] A long-term uptrend had started on March 6, 2009 at 15.01 and reached 408.45 on February 12, 2026. ETN gained -393.44 points, or -2621.19%, in 883 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (92.69) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See ETN medium-term trend chart] A medium-term uptrend had started on December 17, 2025 at 311.92 and reached 408.45 on February 12, 2026. ETN gained -96.53 points, or -30.95%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 336.63 and resistance is at 402.53. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ETN weekly technical indicators chart] Weekly technical indicators are neutral. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Relative Strength Index help. The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See ETN short-term trend chart] A short-term downtrend had started on February 12, 2026 at 408.45 and reached 370.02 on February 20, 2026. ETN lost 38.43 points, or 9.41%, in 8 days. The price is now at the 8.74% retracement level.
Daily Technical Indicators: [See ETN daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|