The Greedy Trader Weekly Analysis
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- 4/24/2026 -
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Eaton Corp. (ETN) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtTrend resistance at 424.46
Daily :Relative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal lineLane's Stochastic and MACD bearish divergence
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It was a seventh consecutive positive week for the Eaton Corp. (ETN). During the week, the ETN gained 17.71 points, or 4.36%, and closed at 423.92 on Friday, April 24, 2026. ETN was trading at average weekly trading volume.

Long-term trend: [See ETN long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 15.01 and reached 432.34 on April 24, 2026. ETN gained -417.33 points, or -2780.35%, in 894 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (93.51) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See ETN medium-term trend chart]
A medium-term uptrend had started on March 9, 2026 at 338.25 and reached 432.34 on April 24, 2026. ETN gained -94.09 points, or -27.82%, in 6 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The price is near the trend resistance line (424.46). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See ETN weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See ETN short-term trend chart]
A short-term uptrend had started on March 30, 2026 at 342.00 and reached 432.34 on April 24, 2026. ETN gained -90.34 points, or -26.42%, in 25 days. The price is now at the 9.32% retracement level.

Daily Technical Indicators: [See ETN daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since April 2, 2026. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 86.40
Overbought
Williams' Percentage Range (W%R) 2.50
Strong Overbought
Lane's Stochastic (%D-Slow) 82.84
Overbought Bearish
Greed/Fear Indicator (GFI) 88.90
Overbought
Moving Average Converg./Diverg. (MACD) 11.32 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.74
Williams' Percentage Range (W%R) 1.90
Strong Overbought
Lane's Stochastic (%D-Slow) 64.81
Greed/Fear Indicator (GFI) 74.40
Moving Average Converg./Diverg. (MACD) 5.32
Trading Signals
Description Value Chart
Upper Bollinger Band 442.56
Monthly Trendline Resistance 424.46
Daily Stochastic Crossing 424.01
Price 423.92
Parabolic System 411.09
Weekly Stochastic Crossing 403.71
20 Day Moving Average 389.29
50 Day Moving Average 375.64
Monthly Trendline Support 348.28
Lower Bollinger Band 347.30
Sector and Industry
Description Name Rank
Sector Industrials 4
Industry Electrical Components & Equipment 87
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 387.66
Low Date 04/16/2026
High 432.34
High Date 04/24/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 342.00
Low Date 03/30/2026
High 432.34
High Date 04/24/2026
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Test Resistance
Resistance 424.46
Support 348.28
Low 338.25
Low Date 03/09/2026
High 432.34
High Date 04/24/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 122.50
Low Date 07/14/2022
High 432.34
High Date 04/24/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 132.13
Support 93.51
Low 15.01
Low Date 03/06/2009
High 432.34
High Date 04/24/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.