ETN

Eaton CorporationIndustrials

$361.10-1.22%

Descending Triangle Symmetrical Triangle Rectangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$361.10

FEBMARAPR

Trade the Breakout

ETN is showing a classic Descending Triangle. Don't miss the move.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1

Entry

$337.20

Stop

$380.45

Target

$293.95

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Rectangle

Sideways movement between parallel supports.

Market Analysis

Traders are watching Eaton Corporation (ETN) as price action tightens. Price has moved to $361.1 (-1.22%) amidst recent volatility. The primary technical feature is a Descending Triangle formation. Volume is average (0.52x avg) with moderate trend strength (6.2). A potential breakout level is identified at $337.2, targeting $293.95 with support near $380.45 (R:R 1.0).

Community Sentiment

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ETN