Statistics of Price Movements of Eaton Corp (ETN)

The price movements of Eaton Corp (ticker ETN) are summarized in five ways:

• Table 1. Statistics of daily price changes using the closing prices
• Table 2. Statistics of daily price changes using the closing and opening prices
• Table 3 – 7. Statistics of daily price changes when ETN opened with an increase of 1%, 2%, 3%, 4%, or more than 5%
• Table 8 – 10. Statistics of stock price changes in the 20 days after ETN had a big price move
• Table 11. Statistics of daily price changes in the 20 days after ETN moved 5% with twice the 30-day average volume

The statistics are calculated using ETN's price data across 1,549 trading days from 2015 to 2020.

Table 1. Statistics of ETN one-day price changes

In this table, the one-day price change is calculated using the closing price and the previous day's closing price.

In the past 1,549 trading days, 50.0% of the time (774 days), ETN closed above the previous day's closing price. 46.3% of the time (717 days), it closed below the previous day's closing price. 3.7% of the time (57 days), it did not change.

Also see: VIX price movement study.

ETN Price Change (%)	Number of Days	% of Total Sessions
23 – 24%	1	0.06%
12 – 13%	1	0.06%
8 – 9%	2	0.13%
7 – 8%	2	0.13%
6 – 7%	1	0.06%
5 – 6%	8	0.52%
4 – 5%	10	0.65%
3 – 4%	25	1.61%
2 – 3%	79	5.10%
1 – 2%	202	13.05%
0 – 1%	443	28.62%
0%	57	3.68%
0 – -1%	405	26.16%
-1 – -2%	204	13.18%
-2 – -3%	54	3.49%
-3 – -4%	28	1.81%
-4 – -5%	12	0.78%
-5 – -6%	6	0.39%
-6 – -7%	1	0.06%
-7 – -8%	2	0.13%
-10 – -11%	3	0.19%
-11 – -12%	2	0.13%

Table 2. Statistics of ETN: Closing vs. Open

In this table, instead of using the closing price of the previous day, the opening price is used to calculate the one-day price change of ETN.

48.1% of the time (745 days), ETN closed above the opening price. 47.9% of the time (742 days), it closed below the opening price. 4.0% of the time (62 days), it closed where it started.

Closing - Open (%)	Number of Days	% of Total Sessions
15 – 16%	1	0.06%
9 – 10%	1	0.06%
5 – 6%	3	0.19%
4 – 5%	5	0.32%
3 – 4%	21	1.36%
2 – 3%	51	3.29%
1 – 2%	185	11.94%
0 – 1%	478	30.86%
0%	62	4.00%
0 – -1%	491	31.70%
-1 – -2%	175	11.30%
-2 – -3%	47	3.03%
-3 – -4%	20	1.29%
-4 – -5%	5	0.32%
-6 – -7%	2	0.13%
-9 – -10%	1	0.06%
-12 – -13%	1	0.06%

Table 3. One-day performance when ETN opened 5% higher than previous close

In the past 1,549 trading days, ETN opened more than 5% higher than the previous day's closing price 7 times. Of these days, 71.4% (5 days) had closing prices above the opening price, and 28.6% (2 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
15 – 16%	1	14.29%
5 – 6%	1	14.29%
2 – 3%	2	28.57%
1 – 2%	1	14.29%
-1 – -2%	1	14.29%
-2 – -3%	1	14.29%

Table 4. Closing vs. open when ETN opened 4–5% higher

On 3 days, ETN opened 4–5% higher than the previous day's closing price. Of these days, 33.3% (1 days) had closing prices above the opening price, and 66.7% (2 days) had closing prices below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
1 – 2%	1	33.33%
-1 – -2%	1	33.33%
-6 – -7%	1	33.33%

Table 5. Closing vs. open when ETN open 3 – 4% higher

7 times ETN opened 3 – 4% higher than the previous day's closing price. Among these days, 57.1% (4 days) closed above the opening price, 42.9% (3 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
3 – 4%	1	14.29%
1 – 2%	2	28.57%
0 – 1%	1	14.29%
-1 – -2%	1	14.29%
-2 – -3%	1	14.29%
-6 – -7%	1	14.29%

Table 6. Closing vs. open when ETN open 2 – 3% higher

26 times ETN opened 2 – 3% higher than the previous day's closing price. Among these days, 50.0% (13 days) closed above the opening price, 50.0% (13 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
3 – 4%	2	7.69%
2 – 3%	2	7.69%
1 – 2%	5	19.23%
0 – 1%	4	15.38%
0 – -1%	8	30.77%
-1 – -2%	3	11.54%
-2 – -3%	1	3.85%
-4 – -5%	1	3.85%

Table 7. Closing vs. open when ETN open 1 – 2% higher

105 times ETN opened 1 – 2% higher than the previous day's closing price. Among these days, 56.2% (59 days) closed above the opening price, 43.8% (46 days) closed below the opening price.

Closing - Open (%)	Number of Days	% of Total Sessions
3 – 4%	2	1.90%
2 – 3%	3	2.86%
1 – 2%	24	22.86%
0 – 1%	30	28.57%
0 – -1%	26	24.76%
-1 – -2%	16	15.24%
-2 – -3%	2	1.90%
-3 – -4%	1	0.95%
-12 – -13%	1	0.95%

Table 8. Periods when ETN moved 15% or more

In this table, we track the price movements in the 20 days after ETN had a one-day price change of at least 15%.

Date	Price Change	Price Change after 15% Move
Days after:		1	4	7	10	13	16	19
20200324	23.2%	4.8	10.0	3.3	7.0	14.4	6.4	9.4

Table 9. Periods when ETN moved 10% or more

In this table, we track the price movements in the 20 days after ETN had a one-day price change of at least 10%.

Date	Price Change	Price Change after 10% Move
Days after:		1	4	7	10	13	16	19
20200324	23.2%	4.8	10.0	3.3	7.0	14.4	6.4	9.4
20200313	12.6%	-12.0	-15.3	-16.8	-12.9	-14.5	-9.5	-4.8
20200312	-10%	12.7	-9.4	-23.9	3.1	2.3	-6.2	5.6
20200309	-10.3%	7.1	2.9	-17.2	-30.5	-5.9	-6.5	-14.3
20200320	-10.3%	-11.0	20.5	19.7	9.7	23.4	20.7	16.8
20200323	-11%	23.3	29.0	26.6	34.0	41.0	38.2	37.2
20200316	-11.9%	-2.1	-13.8	-1.0	4.0	-2.3	1.1	8.1

Table 9a. ETN average price changes following a 10% up day

Of the 1,549 trading days from 2015 to 2020, there were 2 days in which ETN was up more than 10%. This table shows the average price changes over the 2 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 10%	-3.6	-2.7	-6.7	-3.0	-.1	-1.6	2.3

Table 9b. ETN average price changes following a 10% down day

Of the 1,549 trading days from 2015 to 2020, there were 5 days in which ETN was down more than -10%. This table shows the average price changes over the 5 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -10%	6.0	5.9	.8	4.1	11.7	9.5	10.7

Table 10. Periods when ETN moved 5% or more

In this table, we track the price movements in the 20 days after ETN had a one-day price change of at least 5%.

Date	Price Change	Price Change after 5% Move
Days after:		1	4	7	10	13	16	19
20200324	23.2%	4.8	10.0	3.3	7.0	14.4	6.4	9.4
20200313	12.6%	-12.0	-15.3	-16.8	-12.9	-14.5	-9.5	-4.8
20200406	8.6%	-1.6	5.2	-2.1	.6	1.0	7.4	6.0
20150203	8.3%	-1.9	.5	2.7	3.4	3.9	2.5	1.7
20160203	7.1%	3.6	3.8	3.3	6.7	9.9	9.1	10.6
20200310	7.1%	-5.3	-15.4	-18.7	-20.0	-16.3	-17.9	-13.1
20200518	6.1%	-2.5	.5	10.2	8.2	17.5	21.9	9.9
20200204	5.6%	1.4	2.0	2.0	3.5	4.0	-4.3	-5.2
20200304	5.6%	-4.5	-9.2	-12.8	-29.9	-41.1	-20.3	-20.8
20200302	5.4%	-3.0	-3.0	-11.8	-21.3	-24.3	-25.6	-22.1
20200527	5.3%	-1.3	-.8	10.6	6.6	.5	1.4	1.0
20161109	5.2%	3.6	-.7	-3.3	.3	-.5	2.0	3.2
20200319	5.2%	-10.4	3.0	8.1	1.6	5.1	12.4	4.5
20200408	5.2%	1.6	-.4	-1.1	-3.1	3.0	4.2	.8
20200330	5%	-.8	-9.0	2.3	.1	-3.2	-1.8	.7
20170801	-5%	-.2	-.4	-3.5	-2.6	-4.1	-4.1	-5.1
20200415	-5.1%	.1	1.5	4.1	13.3	4.7	6.0	2.3
20200311	-5.2%	-10.0	-12.6	-23.0	-11.6	-7.2	-12.8	-9.7
20190814	-5.3%	1.0	3.9	1.9	3.6	7.4	9.0	15.5
20200401	-5.8%	.6	4.1	11.3	3.6	6.5	6.8	13.6
20200921	-5.8%	2.0	2.6	4.8	7.9	10.4	10.5	12.2
20200318	-6.6%	5.3	3.5	8.3	6.3	12.5	18.3	16.0
20200611	-7.4%	1.0	4.4	2.3	.4	2.8	4.4	.6
20160624	-7.6%	-4.2	2.9	1.2	6.7	10.1	9.4	8.9
20200312	-10%	12.7	-9.4	-23.9	3.1	2.3	-6.2	5.6
20200309	-10.3%	7.1	2.9	-17.2	-30.5	-5.9	-6.5	-14.3
20200320	-10.3%	-11.0	20.5	19.7	9.7	23.4	20.7	16.8
20200323	-11%	23.3	29.0	26.6	34.0	41.0	38.2	37.2
20200316	-11.9%	-2.1	-13.8	-1.0	4.0	-2.3	1.1	8.1

Table 10a. ETN average price changes following a 5% up day

Of the 1,549 trading days from 2015 to 2020, there were 15 days in which ETN was up more than 5%. This table shows the average price changes over the 15 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ 5%	-1.9	-1.9	-1.6	-3.3	-2.7	-.8	-1.2

Table 10b. ETN average price changes following a 5% down day

Of the 1,549 trading days from 2015 to 2020, there were 14 days in which ETN was down more than -5%. This table shows the average price changes over the 14 days.

Average Type	Average Price Change
Days after:	1	4	7	10	13	16	19
Avg for Change ≥ -5%	1.8	2.8	.8	3.4	7.3	6.8	7.7

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Also see: VIX price movement study.