Eaton Corporation's most recent trend suggests a bullish bias. One trading opportunity on Eaton Corporation is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 5.26% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 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 dropped below the $62.50 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 44.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Eaton Corporation
Eaton Announces Support for Next Generation Medium and Heavy-Duty Vehicle Fuel Efficiency Standards
Wed, 19 Feb 2014 19:49:50 GMT
noodls – WASHINGTON, D.C. … Power management company Eaton today announced its support of new deadlines on national fuel economy and greenhouse gas emission standards for medium and heavy-duty vehicles, including …
Eaton’s New Power Distribution Fuse Block Saves Space, Time and Money
Wed, 19 Feb 2014 18:18:02 GMT
noodls – ST. LOUIS – Power management company Eaton today announced the introduction of the new power distribution Class J fuse block from its Bussmann business. The fuse block with power distribution capability …
Eaton Presents Dangers of Electrical Counterfeiting at University of Tennessee’s Annual Maintenance and Reliability Conference
Wed, 19 Feb 2014 09:44:05 GMT
noodls – Eaton Presents Dangers of Electrical Counterfeiting at University of Tennessee's Annual Maintenance and Reliability Conference Eaton today announced it is sharing the dangers posed by counterfeit electrical …
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, …
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