Eaton Corporation plc is an intelligent power management company. Its Electrical Americas segment consists of electrical components, industrial components, power distribution and assemblies, residential products, single phase power quality and connectivity, wiring devices and others. The Electrical Global segment consists of electrical components, industrial components, power distribution and assemblies, single phase and three phase power quality, and services. The Aerospace segment is a global supplier of aerospace fuel, hydraulics, and pneumatic systems for commercial and military use and filtration systems for industrial applications.
When researching a stock like Eaton, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ETN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ETN stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the ETN 200 day moving average ("ETN 200 DMA"), while one of the most popular "shorter look-backs" is the ETN 50 day moving average ("ETN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Eaton. |
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Video: Technical Analysis