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 37 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 53.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Eaton Corporation
The 2.32% Yield On Eaton May Go Higher
Thu, 14 Nov 2013 19:43:15 GMT
Seeking Alpha – The last time I wrote about Eaton Corp. plc ( ETN ) I bought a small position in it stating “I'll deploy about a quarter of my capital that I normally would to buy more shares with the expectation …
EATON CORP PLC Financials
Thu, 14 Nov 2013 18:04:26 GMT
Eaton Launches New Roadranger® Used Truck Program with Extended Warranty Options
Thu, 14 Nov 2013 15:22:35 GMT
noodls – GALESBURG, MI … Power management company Eaton today announced a new Roadranger® used truck program for the North American Class 6, 7 and 8 truck markets that features extended warranty options available …
Eaton LED Solutions Improve Lighting and Provide 60 Percent Energy Savings for a Georgia Auto Dealership
Wed, 13 Nov 2013 21:45:49 GMT
noodls – PEACHTREE CITY, Ga. … Power management company Eaton and its Cooper Lighting division are proving that light-emitting diode (LED) fixtures can provide more than just energy savings with a recent project …
Eaton’s Auburn, Indiana, Clutch Facility Improves Material Flow and Safety
Wed, 13 Nov 2013 11:31:59 GMT
noodls – Eaton's Auburn, Indiana, Clutch Facility Improves Material Flow and Safety AUBURN, Ind. … Power management company Eaton today announced that its plant in Auburn, Indiana, has reduced the distance material …
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