PARKER HANNIFIN CORP (PH)
US7010941042 - Common Stock
We assign a technical rating of 10 out of 10 to PH. Both in the recent history as in the last year, PH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PH is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by PH over the past year are nicely spread over this period.
PH is one of the better performing stocks in the Machinery industry, it outperforms 79% of 131 stocks in the same industry.
PH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
507.33
716.56
7 important support areas can be observed.
- Support @659.55 from a trend line in the daily time frame.
- A support zone ranging from 642.20 to 646.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 621.73 to 626.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @598.83 from a trend line in the weekly time frame.
- Support @566.67 from a horizontal line in the daily time frame.
- Support @528.00 from a horizontal line in the daily time frame.
- Support @512.45 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 702.69 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
CRS89.47
Mansfield1.44
10 Day High711.6
10 Day Low684
20 Day High711.6
20 Day Low612.1
52 Week High711.6
52 Week Low426.49
Performance
1 Week0.72%
2 Weeks1.87%
1 Month12.58%
3 Month18.33%
6 Month32.62%
12 Month62.03%
2 Year135.06%
3 Year132.63%
5 Year253.48%
10 Year444.59%
15 Year1202.22%
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)0.13
RSI(14)66.7
LBB651.42
UBB730.19
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 709.48 | 683.99 | 25.50 (3.59%) | 25.00% |
| An entry @709.48. This is a Buy Stop order right above the resistance zone. | An exit @683.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 25.50 points, which is 3.59%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PARKER HANNIFIN CORP
NYSE:PH (11/21/2024, 9:57:38 PM)
After market: 702.68 0 (0%)702.68
+12.25 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.77%
1 Week0.72%
2 Weeks1.87%
1 Month12.58%
3 Month18.33%
6 Month32.62%
12 Month62.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.75
ATR(20)%2.1%
ATR Inc
Range Today15.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High711.6
10 Day Low684
20 Day High711.6
20 Day Low612.1
52 Week High711.6
52 Week Low426.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume655.50K
Volume Incr-33.72%
Vol(5)477.86K
Vol(50)598.47K