Eaton Corporation's most recent trend suggests a bullish bias. One trading opportunity on Eaton Corporation is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 6.38% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $67.50 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 68.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Eaton Corporation
Meritor rises after report of favorable court ruling
Mon, 23 Dec 2013 15:31:21 GMT
theflyonthewall.com – Meritor rises after report of favorable court ruling
AAR to Distribute Eaton Products in Support of U.S. Defense Logistics Agency
Wed, 18 Dec 2013 15:35:50 GMT
noodls – Relationship Designed to Improve Service and Support of DLA Operations Worldwide Date: 18 December 2013 WOOD DALE, December 18, 2013 – AAR (NYSE: AIR) announced today that power management company Eaton …
AAR to Distribute Eaton Products in Support of U.S. Defense Logistics Agency
Wed, 18 Dec 2013 13:55:28 GMT
noodls – Relationship Designed to Improve Service and Support of DLA Operations Worldwide WOOD DALE, Ill., Dec. 18, 2013/PRNewswire/ — AAR (NYSE: AIR) announced today that power management company Eaton has appointed …
3 Undervalued Machinery Stocks To Consider As Factory Output Rises
Tue, 17 Dec 2013 21:20:00 GMT
TheStreet – James Dennin, Kapitall: Factory output beat analyst estimates worldwide. So we looked for machinery stocks that might be undervalued. In […]
Eaton Announces 2014 Class Schedule for the SOURCE Lighting Educational Facility
Tue, 17 Dec 2013 16:59:11 GMT
noodls – PEACHTREE CITY, Ga. … Power management company Eaton and its Cooper Lighting division today announced the release of the 2014 SOURCE calendar of educational classes for the lighting and design community. …
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