|
|
Archive
- 6/5/2026 -
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 -4.66 points, or -1.16%, and closed at 395.94 on Friday, June 5, 2026. Weekly volume was -15% below average.
 Long-term trend: [See ETN long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 15.01 and reached 435.43 on May 1, 2026. ETN gained -420.42 points, or -2800.93%, in 895 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (94.04) 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 April 7, 2025 at 231.90 and reached 435.43 on May 1, 2026. ETN gained -203.53 points, or -87.77%, in 55 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 366.16 and resistance is at 409.94. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See ETN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See ETN short-term trend chart]
A short-term uptrend had started on December 17, 2025 at 311.92 and reached 435.43 on May 1, 2026. ETN gained -123.51 points, or -39.60%, in 135 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 371.24 and resistance is at 447.42. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.
Daily Technical Indicators: [See ETN daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|