Stand aside — setup invalidated
Setup score 55, but price closes below stop $444.00 — stand aside until the condition resets.
Simple research view
ETN · Eaton Corporation, PLC
$371.92 +1.59% Oct 26 close
2 independent risk warnings also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$ETN
Eaton Corporation, PLCEaton Corporation, PLC is a large-cap Electrical Products company in the Producer Manufacturing sector with a market cap of $144B.
⚠ Risk Signals
Rising Wedge
variant=capping_advance, prior_advance=33.5%, converging=yes, narrowing=17%, touches=upper:3/lower:2, apex=83%, trigger=broke
Head & Shoulders Top
Neckline ~421.66 has broken. Measured-move risk extends toward ~365.33; a fast reclaim of 421.66 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure: uptrend
Latest event: bos
(bullish)
Resistance
384.77–388.26
· 5 touches · strong
Support
347.89–349.60
· 3 touches · moderate
Support
357.78–359.84
· 3 touches · moderate
Resistance
406.95–409.65
· 3 touches · moderate
Resistance
426.58–427.96
· 3 touches · moderate
Momentum Turn Watch
Bollinger Lower-Band Support
Price ($371.92) is holding just above the lower Bollinger band ($360.14; %B 11) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Historical verdict · setup score 55/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 55, but price closes below stop $444.00 — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $371.92, MA150 $408.30, MA200 $395.82
- Minervini 1.5 Price > 50-day MA — Price $371.92 vs MA50 $414.85
- O'Neil C: Quarterly EPS acceleration ≥ 25% — -15.6% QoQ
- O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 69
- Weinstein Price above 30-week MA (200-day proxy) — Price $371.92 vs MA200 $395.82
- Weinstein Volume expansion above average — Volume ratio 0.94x
Minority view — the council disagrees here
- Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
60
Neutral
Legend Score · rates the stock
Neutral (60/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 69
- Trend Template (25%) 88
- Institutional Footprint (20%) 48
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 44
RS rank 69: above-average strength. Trend template 7/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 48: neutral — no clear institutional conviction. EPS -0% last quarter — no earnings momentum. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-14.
Earnings
Pre-earnings setup
Next earnings
Monday, November 2, 2026
Before market open
Exact clock time not supplied by source
Deterministic evidence
ETN+1.59%
Sector proxy · XLI+1.42%
Broad market · SPY+0.71%
CatalystPending
Stock reactionPositive
Sector reactionSupportive
Opening surgePending
Event riskEarnings-driven
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close+1.59%
From the open+0.58%
Range position65%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$311.92
Tight Wks
0
Base
B4
SMA 200
$395.82
RS Line vs High
-8.6%
RS Line Slope
+4.4% ▲
Group Rank
#46/65
ADR%
3.2%
ATR(14)
$16.46 (4.4%)
Vol Pace (live)
N/A
A/D Days
10A / 14D
A/D Rating
E
VDU Bars
0/10 d
Earnings
in 6d
ETN Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$ETN · $371.92 · as of 2026-10-26 · multi-factor read
16
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▼ Downtrend
Weekly
▼ Downtrend
Monthly
▼ Downtrend
Moving Averages
50-day$414.85 ↓
100-day$414.07 ↓
200-day$395.82 ↓
Bullish (50 > 200)
RSI (14)
Reading34.2 · Bearish
Bearish momentum — sellers in control.
MACD (12/26/9)
StateBearish
Histogram-6.025
Bearish — MACD below its signal line and below zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width11% · 25.0%
Near the lower band — under pressure or oversold.
Volume · Buyer vs Seller
Up/Down vol0.79 · Neutral
Rel volume0.94×
Pocket pivots · 10d0
5d vs 50d vol132%
Heavy vol up / down1 / 4
Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.
- 4 heavy-volume down days vs 1 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $418.21swing level
R · $428.93swing level
R · $436.09swing level
Price · $371.92now
S · $367.64swing level
S · $358.12swing level
S · $311.9252-week low
Fibonacci · Uptrend swing
23.6%$449.71
38.2%$432.21
50.0%$418.06
61.8%$403.92
78.6%$383.78
Retracement support zones measured from the recent swing low up to the high.
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Daily downtrendWeekly downtrendMonthly downtrendBelow 200-day MA50/200 bullish
Want this read in a legend's voice?
Ask a Legend about ETN
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
6 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Avoid
C
Trend-template read: fails Price > 150-day MA AND 200-day MA.
partialRule check says AVOID (7/12 checks passed) — Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $408.30 vs MA200 $395.82
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $414.85, MA150 $408.30, MA200 $395.82
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $371.92, MA150 $408.30, MA200 $395.82
1.5 Price > 50-day MAPrice $371.92 vs MA50 $414.85
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
partialRule check says AVOID (2/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
A: Annual earnings & revenue qualityRev +10.3% | ROE 20.8%
S: Base tightness (ATR% ≤ 4.5%)ATR% 4.43%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-15.6% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 69
Weinstein
Watch
B
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
30-week MA trending upwardFrom weekly scan context
Failing evidence
Price above 30-week MA (200-day proxy)Price $371.92 vs MA200 $395.82
Volume expansion above averageVolume ratio 0.94x
dennis
Watch
C
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $358.51
Volatility-unit sizing (1N ≈ 1% of equity)1N = $15.27 (4.11% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
C
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $427.71-$446.30; trail the rest
Failing evidence
Named Zanger pattern onlyCup (no handle) is not one of Zanger's six
Breakout volume 1.5-2.0x averageData unavailable
zweig
Watch
D
Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Reasonable price for the growth (P/E ≤ 35); Insider buying; Price strength (RS ≥ 70) — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (2025 adv / 1725 dec) — participation expanding
4% Model (breadth proxy)63% of universe above 50-day — broad strength (adapted from Ned Davis 4% Model)
Failing evidence
EPS growth above the market (≥15% QoQ)-15.6% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 35.6x — no PEG or forward P/E stored
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$371.92
Distance from 52-week high22.2% below high
Failing evidence
Relative strengthRS 69
Volume vs average0.94x
Darvas
Watch
B
Box-theory read: constructive evidence is present, but relative strength is unresolved.
partialConsolidating within the box (10.4% from 52W high) — patience until it approaches the prior high.
Passing evidence
Price$371.92
Distance from 52-week high22.2% below high
Failing evidence
Relative strengthRS 69
Volume vs average0.94x
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.
Passing evidence
Price$371.92
Distance from 52-week high22.2% below high
Failing evidence
Relative strengthRS 69
Volume vs average0.94x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net -2
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
-16%
Revenue growth ≥20% YoY
+10%
Gross margin ≥30%
37%
ROE ≥17%
21%
RS rating ≥80 (leadership)
69
Stage 2 uptrend (Weinstein)
Stage 1
Within 25% of 52W high
-22.2%
Method Playbook
Trade it like Zweig
EXACT LEVELS · PRO
Zweig D · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the stock's recent consolidation high — Zweig buys strength in screened growers, not breakdowns.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Buy only when the growth screen passes: EPS growth above the market, PEG ≤ 1.5 (reasonable for the growth), insider buying, and RS leadership.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Define the loss before entry — Zweig's risk rule. Sell when the growth story breaks: earnings decelerate or the valuation stretches past reason.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Hold winners as long as earnings keep growing and the price holds its trend; sell half on a climax run.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when EPS growth falls below the market, the PEG stretches past reason, insiders stop buying — or the Super Model flips the market to defensive.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis (historical)
Cup (no handle)
⚠ Late-stage base (#5)
⚠ Rising wedge (broke lower)
⚠ Head & shoulders top forming
⚠ Not actionable yet
55
setup score
RS Score
69
Trend template
4/8
CANSLIM
59.8* (C)
17.0% cup depth
- Cup 17.0% deep from a $463.53 left rim to a $384.77 low
- Rims 2.5% apart (ideal, within 10%)
- Rounded U-shaped bottom (no V)
- Pivot $463.53 fixed at the higher lip (left-side high)
- No close above the pivot yet
- Breakout-day volume 0.9x the 50-day average
- Volume dried up in the base
- Prior advance into the rim: 29.4%
Raw detector evidence · confidence is a heuristic match score, not a probability
depth=17.0%, lips_diff=2.5%, u_shape=yes, near_pivot=no, breakout_vol=0.9x, orderly=yes | Strong trend (7/8) | Good RS (69) | Moderate pattern (66%) | Stage 2 | Candle confirmation (bullish) | Readiness 57/100 (early) | CANSLIM 59.8 (C) | ⚠ Late-stage base (#5); Rising wedge (broke lower); Head & shoulders top forming; Not actionable yet
setup_key=cup_no_handle|2026-09-03|2026-10-02|463.53 · cup_handle/2026-10-03
anchors={"bottom": {"bar": 27, "bars_ago": 27, "date": "2026-09-03", "price": 384.77}, "breakout": null, "left_lip": {"bar": 10, "bars_ago": 44, "date": "2026-08-11", "price": 463.5315}, "right_lip": {"bar": 47, "bars_ago": 7, "date": "2026-10-02", "price": 452.0}}
Why This Setup?
Cup (no handle) · schematic
depth=17.0%, lips_diff=2.5%, u_shape=yes, near_pivot=no, breakout_vol=0.9x, orderly=yes | Strong trend (7/8) | Good RS (69) | Moderate pattern (66%) | Stage 2 | Candle confirmation (bullish) | Readiness 57/100 (early) | CANSLIM 59.8 (C) | ⚠ Late-stage base (#5); Rising wedge (broke lower); Head & shoulders top forming; Not actionable yet
Ascending Triangle
⚠ Late-stage base (#5)
⚠ Rising wedge (broke lower)
⚠ Head & shoulders top forming
55
setup score
RS Score
69
Trend template
4/8
CANSLIM
61.8* (C)
high slope: -0.3855
low slope: 1.3387
triangle height: 14.04
depth: 0.032
triangle volume ratio: 0.918
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly trend template 7/8 confirmed + weekly coiling
Why This Setup?
Ascending Triangle · schematic
Flat resistance (slope=-0.3855), rising lows (slope=1.3387) | Strong trend (7/8) | Good RS (69) | Moderate pattern (65%) | Stage 2 | Candle confirmation (bullish) | Readiness 67/100 (approaching) | CANSLIM 61.8 (C) | ⚠ Late-stage base (#5); Rising wedge (broke lower); Head & shoulders top forming
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
3/7
universals met
- A relative-strength leader — not met RS rank 33 — laggard
- Clear of earnings — not met in 6 days — event risk
- In a confirmed uptrend — partly met Stage 1 · Trend template 4/8 — not yet Stage 2
- Volume confirms — partly met 0.9× average — light
- Asymmetric reward — met Met — levels are a Pro detail
- Not chasing (in range) — met Met — levels are a Pro detail
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
4/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$371.92 vs SMA150 $408.30 / SMA200 $395.82
SMA 150 above SMA 200
SMA150 $408.30 vs SMA200 $395.82
SMA 200 trending up
Slope +8.54 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $414.85
Price above SMA 50
$371.92 vs SMA50 $414.85
30%+ above 52-week low
+19.2% from $311.92
Within 25% of 52-week high
-22.2% from $478.00
RS score above 70
RS 69
Fundamentals
52W Range
36%
Mkt Cap SEC
144.5B
EPS QoQ
-16%
Rev YoY
+10%
ROE
21%
Gross Margin
37%
D/E
0.51
EPS TTM
$10.45
P/E TTM
35.6x
Float
388M
Insider
No Buy
Company
Company profile
Eaton Corporation, PLC
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
C
59.8* CANSLIM
* disqualified on C, M
C · Curr. EPS
32
A · Annual EPS
76
N · New Highs
40
S · Supply/Demand
70
L · Leader RS
69
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
7/8
W. RS
65
W. Support
$358.12
W. Resist
$478.00
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
Oct 14
Cup (no handle)
✓ Gate
55
Oct 13
Cup (no handle)
✓ Gate
55
-13.2%
Oct 12
Cup (no handle)
✓ Gate
55
-12.8%
Oct 10
Cup (no handle)
✓ Gate
55
-12.8%
Oct 09
Cup (no handle)
55
-13.4%
Latest News
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