Eaton Corp. Plc, ETN stock price has grown exponentially after getting support from the $155 level and may reach $200 level now. ETN share price needs to surge with the strong uptrend momentum to be at the $200 recovery level. Meanwhile, buyers need to provide the ETN stocks the required kickstart for the share price to reach the $200 price level. Moreover, ETN stock price has gained around 55.23% in a year. ETN stock price (NYSE: ETN) was at $194.46 and has lost 0.58% of its market capitalization at the close of the last trading session. Trading volume is below average and needs to grow for ETN shares to continue surging. Investors in ETN shares need to wait for any directional change over the daily time frame chart. ETN is trading with strong uptrend momentum over the daily time frame chart. ETN share price needs to maintain the current uptrend momentum to surge towards the $200 recovery level. Trading volume must be increased so that ETN shares reach the recovery level of $200 by the end of next week. Meanwhile, ETN stock is trading above 20, 50, 100 and 200-days Daily Moving Averages.
ETN stock price has recovered around 0.87% in a week and 14.20% in a month. Technical indicators point at the sustainability issues of ETN shares at the current level. ETN Investors should look out for directional changes in Monday’s trading session. Resistance Levels: $197.00 and $200.00 Support Levels: $190.00 and $180.00
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