US stock / ETF

Eaton Corporation, plc

ETN · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

ETN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $383.84 and stabilize above resistance $429.79.

Invalidation Trigger

Break above $429.79 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 31.1, MACD -0.686

4h
Volatility EnvironmentRange
Low volatility

ATR is $7.46 (2.03%)

4h

EMA Structure

Bearish
EMA 8$373.76Bearish
EMA 21$383.84Bearish
EMA 50$399.11Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.1 · MACD -0.686

Momentum is weak

Strength
Bearish
Volatility
ATR $7.46 · BB 10.82%

Low volatility

Strength
Range
Volume
MFI 46.2 · OBV -50.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$360.24 - $429.79

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.78% · 9.3 ATR above latest close

$437.25
Nearest resistance

+16.76% · 8.3 ATR above · 34-bar high

$429.79
Current price

Price shown is delayed

$368.11
Nearest support

-2.14% · 1.1 ATR below · 34-bar low

$360.24
Deeper support zone

-4.17% · 2.1 ATR below latest close

$352.78
ATR zone

Latest close ± ATR14

$360.65 - $375.57

Indicators

Trend

Dow Theory Structure

Confirmation $362.49, invalidation $375.75

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

Trend strength is active

38.5 / 15.7 / 39.7Bearish
Supertrend (10,3)

Price is above Supertrend

$345.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$380.74 / $403.6Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$7.46 (2.03%)Range
Bollinger Bands (20,2)

Width 10.82%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$398.88 / $367.4Range
ATR channel lower / upper

Current Volatility Envelope

$360.65 / $375.57Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$429.79Range
Support

Nearest Downside Decision Level

$360.24Range

Momentum

RSI (14)

Momentum is weak

31.1Bearish
MACD (12,26,9)

Histogram is negative

-0.686Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.0 / 26.0Bearish
Williams %R (14)

Neutral zone

-78.0Range
CCI (20)

Weak expansion

-112.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.2Range
OBV slope

20-period OBV slope

-50.39%Bearish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Trend

Dow Theory Structure

Confirmation $362.49, invalidation $375.75

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

Trend strength is active

38.5 / 15.7 / 39.7Bearish
Supertrend (10,3)

Price is above Supertrend

$345.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$380.74 / $403.6Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

31.1Bearish
MACD (12,26,9)

Histogram is negative

-0.686Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.0 / 26.0Bearish
Williams %R (14)

Neutral zone

-78.0Range
CCI (20)

Weak expansion

-112.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$7.46 (2.03%)Range
Bollinger Bands (20,2)

Width 10.82%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$398.88 / $367.4Range
ATR channel lower / upper

Current Volatility Envelope

$360.65 / $375.57Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.2Range
OBV slope

20-period OBV slope

-50.39%Bearish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$429.79Range
Support

Nearest Downside Decision Level

$360.24Range

Related Forecasts