SmarTrend identified an Uptrend for Eaton (NYSE:ETN) on February 17, 2010 at $66.78. In approximately 3 weeks, Eaton has returned 10.3% as of today's recent price of $73.66.
Eaton is currently above its 50-day moving average of $65.88 and above its 200-day moving average of $57.74. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Eaton shares.
Keywords: Stock research report chart fundamental technical analysis
Ticker(s): ETN