US stock / ETF

Eaton Corporation, plc

ETN · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

ETN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $429.54 and stabilize above resistance $478.

Invalidation Trigger

Break above $478 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 35.3, MACD -0.598

4h
Volatility EnvironmentBullish
Low volatility

ATR is $5.56 (1.32%)

4h

EMA Structure

Bearish
EMA 8$421.59Bearish
EMA 21$429.54Bearish
EMA 50$434.19Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.3 · MACD -0.598

Momentum is weak

Strength
Bearish
Volatility
ATR $5.56 · BB 12.72%

Low volatility

Strength
Bullish
Volume
MFI 40.8 · OBV -2.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$415.29 - $478

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.13% · 11.4 ATR above latest close

$483.56
Nearest resistance

+13.81% · 10.4 ATR above · 34-bar high

$478
Current price

Price shown is delayed

$420
Nearest support

-1.12% · 0.8 ATR below · 34-bar low

$415.29
Deeper support zone

-2.45% · 1.8 ATR below latest close

$409.73
ATR zone

Latest close ± ATR14

$414.44 - $425.56

Indicators

Trend

Dow Theory Structure

Confirmation $415.29, invalidation $425.07

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

63.9 / 13.7 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$405.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$429.37 / $446.65Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$5.56 (1.32%)Bullish
Bollinger Bands (20,2)

Width 12.72%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$438.46 / $419.59Bullish
ATR channel lower / upper

Current Volatility Envelope

$414.44 / $425.56Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$478Range
Support

Nearest Downside Decision Level

$415.29Range

Momentum

RSI (14)

Momentum is weak

35.3Bearish
MACD (12,26,9)

Histogram is negative

-0.598Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.7 / 19.6Bullish
Williams %R (14)

Neutral zone

-78.3Range
CCI (20)

Balanced zone

-69.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.8Bearish
OBV slope

20-period OBV slope

-2.99%Bearish
Volume ratio

Relative to 20-period average volume

1.74xBullish

Trend

Dow Theory Structure

Confirmation $415.29, invalidation $425.07

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

63.9 / 13.7 / 29.7Bearish
Supertrend (10,3)

Price is above Supertrend

$405.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$429.37 / $446.65Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

35.3Bearish
MACD (12,26,9)

Histogram is negative

-0.598Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.7 / 19.6Bullish
Williams %R (14)

Neutral zone

-78.3Range
CCI (20)

Balanced zone

-69.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$5.56 (1.32%)Bullish
Bollinger Bands (20,2)

Width 12.72%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$438.46 / $419.59Bullish
ATR channel lower / upper

Current Volatility Envelope

$414.44 / $425.56Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.8Bearish
OBV slope

20-period OBV slope

-2.99%Bearish
Volume ratio

Relative to 20-period average volume

1.74xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$478Range
Support

Nearest Downside Decision Level

$415.29Range

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