Eaton Corporation's most recent trend suggests a bullish bias. One trading opportunity on Eaton Corporation is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 14.94% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $65.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Eaton Corporation is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Eaton Corporation is bullish.
The RSI indicator is at 45.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Eaton Corporation
Eaton's Aerospace Group Names Manning Vice President and General Manager of Fluid and Electrical Distribution Division
Tue, 18 Feb 2014 23:08:11 GMT
noodls – Eaton's Aerospace Group Names Manning Vice President and General Manager of Fluid and Electrical Distribution Division IRVINE, Calif. … Power management company Eaton has named Nathan “Nate” …
Payne Named Director of Human Resources for Eaton's Aerospace Group
Tue, 18 Feb 2014 19:25:15 GMT
noodls – IRVINE, Calif. … Power management company Eaton has named Stephanie Payne director of human resources for the Aerospace Group. She will report to Nate Manning, Eaton's vice president and general manager, …
Cummins Supports Government Efforts to Develop Next Phase of Greenhouse Gas Emission and Fuel Efficiency Standards for Medium- and Heavy-Duty Vehicles
Tue, 18 Feb 2014 18:00:00 GMT
Marketwired – Cummins Inc. today announced its support for the development of a second phase of greenhouse gas and fuel efficiency standards for medium- and heavy-duty commercial vehicles. “Cummins supports standards …
Eaton’s Hydre-MAC™ Motor Maximizes Uptime for Optimal Application Efficiency; Reduces Total Cost of Ownership
Tue, 18 Feb 2014 14:23:18 GMT
noodls – Eaton's Hydre-MAC™ Motor Maximizes Uptime for Optimal Application Efficiency; Reduces Total Cost of Ownership EDEN PRAIRIE, MINN. … Power management company Eaton today announced the launch of Hydre-MACTM, …
Eaton Announces Expansion of Filtration Campus in Tinton Falls, New Jersey
Mon, 17 Feb 2014 17:43:00 GMT
Business Wire – Power management company Eaton today announced plans to expand its Filtration Division facility located at 44 Apple Street, Tinton Falls, New Jersey, 07724. The updated facility will have three state-of-the-art laboratories for industrial water, life science and hydraulic applications, and will include additional office space, a new training center and room for Eaton’s growing fleet of rental filtration …
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