Eaton Corporation's most recent trend suggests a bearish bias. One trading opportunity on Eaton Corporation is a Bear Call Spread using a strike $77.50 short call and a strike $82.50 long call offers a potential 5.26% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $82.50 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 42.86 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 LED Technology Adds Brightness Control, Up to 80 Percent Energy Savings for Halo Downlighting Solutions
Wed, 29 Jan 2014 21:28:30 GMT
noodls – Eaton's LED Technology Adds Brightness Control, Up to 80 Percent Energy Savings for Halo Downlighting Solutions PEACHTREE CITY, GA – Power management company Eaton today announced the introduction of new …
Rexnord Beats Ests, Offers Stock for Sale
Wed, 29 Jan 2014 14:10:07 GMT
Zacks – Rexnord reported earnings per share, adjusted for one-time items, of 34 cents in the third quarter of fiscal 2014 (ended Dec 28, 2013). Result was way above 19 cents earned in the year-ago quarter and …
Eaton Is Heading In The Right Direction
Wed, 29 Jan 2014 08:20:16 GMT
Seeking Alpha – Eaton Corporation ( ETN ), a diversified company that deals in power management for its clients, has just announced it would dispose of a few of its aerospace group assets to Paris-based Safran. The businesses …
Pentair Beats on Q4 Earnings
Tue, 28 Jan 2014 14:26:28 GMT
Zacks – Pentair's fourthquarter 2013 earnings beat the Zacks Consensus Estimate.
Eaton Crisis Response Teams Help Utility and Industrial Customers Reduce Downtime
Tue, 28 Jan 2014 14:15:52 GMT
noodls – PITTSBURGH … Power management company Eaton is showcasing its expertise in building preparedness and response programs in supporting utility and industrial customers following unexpected natural and operational …
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