Eaton (ETN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ETN · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$444.77last close · Aug 4, 202652-week range $311.92 – $451.95 · 1.59% below the high
Bullish Pennant · playing out now

ETN just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

As long as price stays above $358.1, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $507.0 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

ETN Bullish Pennant Pattern

ETN is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$506.96Projected move+18.8%Breakout level$437.86

New to this pattern? What a bullish pennant is and how to trade it →

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
ETN win rate
100.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

ETN Pattern Trade History

Every completed pattern trade our nightly backtest found on ETN's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJan 13, 2026 @ $329.87Feb 19, 2026 @ $377.32Win+3.36R
Falling WedgeSep 8, 2025 @ $350.72Sep 23, 2025 @ $368.52Win+1.61R
Bullish PennantJun 16, 2025 @ $338.01Aug 1, 2025 @ $381.29Win+3.18R
TriangleSep 17, 2024 @ $308.48Nov 18, 2024 @ $357.83Win+1.82R
Falling WedgeJul 10, 2024 @ $321.82Jul 24, 2024 @ $299.60Loss-1.58R
TriangleJun 26, 2024 @ $316.74Jul 12, 2024 @ $330.48Loss-1.02R
TriangleMay 25, 2023 @ $177.03Jun 28, 2023 @ $194.75Win+1.83R
TriangleApr 28, 2023 @ $168.26Jun 28, 2023 @ $194.75Win+3.71R
Falling WedgeJul 15, 2022 @ $127.18Aug 9, 2022 @ $146.41Win+4.11R
Falling WedgeMay 18, 2022 @ $136.30Jun 7, 2022 @ $145.41Loss-1.21R
Rising WedgeApr 4, 2022 @ $148.34May 12, 2022 @ $138.75Win+0.99R
TriangleMar 16, 2022 @ $151.98Apr 6, 2022 @ $144.86Loss-1.02R

ETN Support and Resistance Levels

Price is being turned away at a ceiling near $454.31 and starting to slide. On the weekly chart, the next floor below sits near $398.46 — about 10% away.

  • Traders commonly watch $398.46 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $454.31 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $438.06, resistance near $480.47. These are chart/swing-derived levels, not formula pivots.

Resistance
$480.47$528.13$583.68$636.44
Support
$438.06$437.73$401.46

ETN Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$451.29$451.96$434.30$444.77
Aug 3, 2026$413.94$438.76$410.15$438.23
Jul 31, 2026$420.00$420.00$394.41$415.20
Jul 30, 2026$381.50$389.39$378.58$386.89
Jul 29, 2026$382.20$386.52$358.13$361.88
Jul 28, 2026$383.27$388.57$375.75$386.26
Jul 27, 2026$404.00$407.66$387.50$398.64
Jul 24, 2026$409.83$414.92$400.87$404.07
Jul 23, 2026$402.69$417.43$402.69$415.13
Jul 22, 2026$398.05$412.48$397.86$406.91

ETN Frequently Asked Questions

What chart pattern is ETN forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on Eaton (ETN) on the daily chart, with a measured-move target of $506.96.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on ETN is a bullish pattern, projecting a measured-move target of $506.96. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for ETN?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ETN's nearest support is around $438.06 and nearest resistance around $480.47.
What is the price target if ETN's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $506.96 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ETN's closing price on Aug 4, 2026?
Eaton (ETN) last closed at $444.77 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.