Eaton Corporation's most recent trend suggests a bearish bias. One trading opportunity on Eaton Corporation is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 12.36% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Eaton Corporation is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Eaton Corporation is bearish.
The RSI indicator is at 37.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Eaton Corporation
Time To Get Positive On Eaton Vance
Mon, 17 Mar 2014 20:14:51 GMT
Eaton's Latest Power Management Software Aligns with the Latest Virtualization Platforms and Converged Infrastructure Solutions
Fri, 14 Mar 2014 13:24:13 GMT
noodls – Eaton's Intelligent Power Manager software version 1.4 helps IT managers regulate power consumption and strengthen business continuity RALEIGH, NC – Power management company Eaton today announced the global …
Eaton’s Area Luminaire Offers an Efficient, Low-Maintenance Solution With Savings Greater Than 85 Percent in Security Applications
Thu, 13 Mar 2014 16:17:44 GMT
noodls – Eaton's Area Luminaire Offers an Efficient, Low-Maintenance Solution With Savings Greater Than 85 Percent in Security Applications PEACHTREE CITY, GA – Power management company Eaton today announced the …
Building Out The Electric Vehicle Charging Infrastructure: Greenlots Advocates For Open Standards
Thu, 13 Mar 2014 14:20:00 GMT
Eaton Introduces ESS Plus with New Harmonic Reduction System Designed to Enhance UPS Efficiency and Reliability
Wed, 12 Mar 2014 13:53:34 GMT
noodls – RALEIGH, N.C. … Power management company Eaton today announced the launch of its Energy Saver System (ESS) Plus technology in the Americas, featuring a new Harmonic Reduction System engineered to detect …
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