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Takip Edin: @UscMarketsETN Stock Forecast & Eaton Corporation plc Chart Analysis
This article provides a detailed analysis of ETN-Eaton Corporation plc stock including a forecast for ETN shares. It features Eaton Corporation plc technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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ETN Historical Data Review
ETN Current Price Performance Analysis
The Eaton Corporation plc - ETN stock traded on the American stock market, on 06-05-2024, closed at 326.59$ with a %3.30 increased compared to the previous day.
In the last month, the price of ETN changed by %-0.20 decreased in value, from 327.24 dollars on 05-06-2024 to 326.59 dollars, decreased.
Last year, the price of ETN was 183.42 dollars on 06-06-2023, and changed by %78.06 increased in value, to 326.59 dollars increased within a year.
The price of Eaton Corporation plc stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
ETN with AI Stock Forecast & Price Target
On the ETN chart Eaton Corporation plc price was recorded as 326.59 Dollars on 06/05/2024.
The artificial intelligence's forecast on ETN stock is as follows.
The artificial intelligence's prediction error margin for ETN stock is moderate.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Eaton Corporation plc stock over the next 4 months is: 389.4 Dollars.
The commentary on ETN stock Target Price: Highest: 430.853 Dollars is predicted.
The commentary on ETN stock Target Price: Lowest: 338.767 Dollars is predicted.
Resistance Price where Eaton Corporation plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 364.260 |
| 12-12-2024 | 416.749 |
| 01-31-2025 | 430.853 |
Support Price where Eaton Corporation plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 353.914 |
| 12-27-2024 | 413.565 |
| 03-27-2025 | 399.897 |
The commentary on ETN stock: The target price can generally be said to be on the rise.
The commentary on ETN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Eaton Corporation plc stock by the end of 2024 is predicted to be 413.565 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ETN stock, and the 2024 target price predictions for Eaton Corporation plc are detailed above.
The technical analysis and charts for the commentary on ETN stock are below.
ETN Support & Resistance and Trend Analysis
ETN stock you have reviewed the technical analysis support resistance charts regarding.
ETN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ETN review, the Eaton Corporation plc support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Eaton Corporation plc Support and Resistance Prices:
| ETN Support Level Price | ETN Resistance Level Price |
|---|---|
| 224.52 | 232.59 |
| 231.84 | 236.68 |
| 232.70 | 241.97 |
| 236.04 | 244.27 |
| 266.00 | 264.75 |
| 289.60 | 294.44 |
| 302.26 | 317.02 |
| 306.21 | 331.47 |
| 321.97 | 345.19 |
ETN Technical Analysis: SMA, RSI, MACD
Upon reviewing the ETN chart, buy and sell signals have been generated in the Eaton Corporation plc technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ETN stock are as follows:- The technical analysis for Eaton Corporation plc indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Eaton Corporation plc stock: Click here to read more predictions on The Toronto-Dominion Bank stock.
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