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Eaton - ETN - Chart of the day

Barchart.com's Chart of the Day - Eaton Corp (NYSE:ETN)
Barchart Research Team - Barchart.com - Thu Jan 27, 5:54PM CST
Related Stocks
 ETN - Eaton Corporation
Sym Last Chg Pct
ETN 106.46 +1.85 +1.77%

The "Chart of the Day" is Eaton Corp (ETN), which showed up on Thursday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Eaton on Thursday rallied by 1.77% and edged to a new record high for the stock. Eaton on Thursday announced Q4 EPS of $1.69, above the consensus of $1.67, and increased its dividend by 17% to 68 cents per share. Eaton Corp, with a market cap of $17.5 billion, is a diversified global industrial manufacturer with product categories including fluid power systems, electrical power quality and controls, automotive air management and fuel economy, and intelligent truck components for fuel economy and safety.

etn_700

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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