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Eaton Corp Plc Bullish Moving Average Crossover Alert (ETN)

By Nick Russo

Eaton Corp Plc (NYSE:ETN) shares have crossed bullishly above their 10-day moving average of $75.98 on a volume of 477K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Eaton Corp Plc share prices have been bracketed by a low of $69.82 and a high of $89.85 and are now at $76.54, 10% above that low price. The 200-day and 50-day moving averages have moved 0.01% lower and 0.12% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Eaton Corp Plc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Eaton Corp Plc in search of a potential trend change.

Keywords: moving crosses eaton corp plc

Ticker(s): ETN