PARKER HANNIFIN CORP (PH) Stock Technical Analysis
NYSE:PH - New York Stock Exchange, Inc. - US7010941042 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that PH is one of the better performing stocks in the market, outperforming 76% of all stocks.
PH is part of the Machinery industry. There are 129 other stocks in this industry. PH outperforms 77% of them.
PH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PH is lagging the market slightly.
In the last month PH has a been trading in the 655.61 - 718.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PH has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
620.05
716.56
2 important support areas can be observed.
- Support @652.82 from a trend line in the weekly time frame.
- A support zone ranging from 626.31 to 630.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 667.74 to 670.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 706.87 to 709.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.35
Mansfield0.41
10 Day High707.82
10 Day Low662.55
20 Day High718.44
20 Day Low655.61
52 Week High718.44
52 Week Low492.71
Performance
1 Week-3.87%
2 Weeks-3.56%
1 Month-1.93%
3 Month-5.64%
6 Month12.32%
12 Month25.59%
2 Year89.56%
3 Year125.03%
5 Year260.97%
10 Year443.62%
15 Year1005.9%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.62
RSI(14)43.41
LBB670.31
UBB707.33
666.97
-28.49 (-4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.1%
1 Week-3.87%
2 Weeks-3.56%
1 Month-1.93%
3 Month-5.64%
6 Month12.32%
12 Month25.59%
2 Year89.56%
3 Year125.03%
5 Year260.97%
10 Year443.62%
15 Year1005.9%
Volatility
ATR(14)16.64
ATR(20)%2.59%
ATR Inc76.84%
Range Today35.82
ADR(20)15.81
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.35
Mansfield0.41
10 Day High707.82
10 Day Low662.55
20 Day High718.44
20 Day Low655.61
52 Week High718.44
52 Week Low492.71
CS1 End652.82
CR1 Start667.74
Volume & EV
DER(3)-0.53%
DER(5)-0.62%
Volume851.00K
Volume Incr15.28%
Vol(5)773.68K
Vol(50)648.49K