REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ETN has been trading over the last 2 weeks and the past day especially. On its latest session, Eaton Corporation, PLC ($ETN) opened at 90.91, reaching a high of 91.67 and a low of 90.2 before closing at a price of 90.73. There was a total volume of 2020403.
VOLUME INDICATORS FOR EATON CORPORATION, PLC ($ETN): We saw an accumulation-distribution index of 487.73141, an on-balance volume of 91.79, chaikin money flow of 2.86842 and a force index of 0.0464. There was an ease of movement rating of -0.00321, a volume-price trend of 9.57113 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR EATON CORPORATION, PLC ($ETN): We noted an average true range of 1.09156, bolinger bands of 92.42049, an upper bollinger band of 89.13951, lower bollinger band of 90.2, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 90.92667, high band keltner channel of 90.16667, low band keltner channel of 91.68667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 90.2, a donchian channel low band of 90.2, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR EATON CORPORATION, PLC ($ETN): We calculated a Moving Average Convergence Divergence (MACD) of 0.02603, a MACD signal of 0.01446, a MACD difference of 0.01157, a fast Exponential Moving Average (EMA) indicator of 90.2, a slow Exponential Moving Average (EMA) indicator of 90.2, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.22015, a trix of 7.71237, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -8.5801, a KST Oscillator (KST) of 105.12258 and a KST Oscillator (KST Signal) of 105.12258 (leaving a KST difference of 3.55305). We also found an Ichimoku rating of 91.29, an Ichimoku B rating of 91.29, a Ichimoku visual trend A of 83.51032, an Ichimoku visual trend B of 85.0209, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR EATON CORPORATION, PLC ($ETN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.35745, a stochastic oscillator of 193.42105, a stochastic oscillator signal of 193.42105, a Williams %R rating of 93.42105 and an awesome oscillator of 0.06033.
RETURNS FOR EATON CORPORATION, PLC ($ETN): There was a daily return of 10.51226, a daily log return of 1.27783 and a cumulative return of 1.28603.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Eaton Corporation, PLC ($ETN)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Eaton Corporation, PLC ($ETN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.