US stock / ETF

Eaton Corporation, plc

ETN · NYSE · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

ETN 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $231.84 and reclaim $478.

Invalidation Trigger

Lose $231.84 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 62.6, MACD 2.225

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $57 (13.07%)

Monthly

EMA Structure

Bullish
EMA 8$411.29Bullish
EMA 21$375.23Bullish
EMA 50$308.38Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.6 · MACD 2.225

Momentum is strong

Strength
Bullish
Volatility
ATR $57 · BB 49.24%

High volatility

Strength
Bearish
Volume
MFI 52.5 · OBV 63.97%

Relative to 20-period average volume

Strength
Range
Price Levels
$231.84 - $478

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+22.67% · 1.7 ATR above latest close

$535
Nearest resistance

+9.61% · 0.7 ATR above · 34-bar high

$478
Current price

Price shown is delayed

$436.11
Nearest support

-46.84% · 3.6 ATR below · 34-bar low

$231.84
Deeper support zone

-59.91% · 4.6 ATR below latest close

$174.84
ATR zone

Latest close ± ATR14

$379.11 - $493.11

Indicators

Trend

Dow Theory Structure

Confirmation $478, invalidation $358.13

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

27.9 / 22.6 / 10.3Bullish
Supertrend (10,3)

Price is above Supertrend

$258.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$381.53 / $300.25Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$57 (13.07%)Bearish
Bollinger Bands (20,2)

Width 49.24%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$497.46 / $258.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$379.11 / $493.11Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$478Range
Support

Nearest Downside Decision Level

$231.84Range

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

2.225Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.8 / 67.3Bullish
Williams %R (14)

Neutral zone

-25.2Range
CCI (20)

Strong expansion

129.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.5Range
OBV slope

20-period OBV slope

63.97%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Trend

Dow Theory Structure

Confirmation $478, invalidation $358.13

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

27.9 / 22.6 / 10.3Bullish
Supertrend (10,3)

Price is above Supertrend

$258.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$381.53 / $300.25Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

2.225Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.8 / 67.3Bullish
Williams %R (14)

Neutral zone

-25.2Range
CCI (20)

Strong expansion

129.0Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$57 (13.07%)Bearish
Bollinger Bands (20,2)

Width 49.24%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$497.46 / $258.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$379.11 / $493.11Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.5Range
OBV slope

20-period OBV slope

63.97%Bullish
Volume ratio

Relative to 20-period average volume

0.09xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$478Range
Support

Nearest Downside Decision Level

$231.84Range

Related Forecasts