PARKER HANNIFIN CORP (PH)

US7010941042 - Common Stock

647.2  +7.93 (+1.24%)

After market: 647.2 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PH. In the last year, PH was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month PH has a been trading in the 632.33 - 712.42 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that PH is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by PH over the past year are nicely spread over this period.
PH is part of the Machinery industry. There are 132 other stocks in this industry. PH outperforms 78% of them.
PH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PH is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PH Weekly chart
PH Daily chart
Setup Rating and Analysis

2

Although PH has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

561.00

716.56

We found 3 important support areas.

  • A support zone ranging from 639.26 to 647.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @615.44 from a trend line in the weekly time frame.
  • Support @566.67 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 657.99 to 669.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 706.88 to 709.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.71
Mansfield0.45
10 Day High698.48
10 Day Low632.33
20 Day High712.42
20 Day Low632.33
52 Week High712.42
52 Week Low440
Performance
1 Week-3.66%
2 Weeks-7.03%
1 Month-7.9%
3 Month3.76%
6 Month28.37%
12 Month41.25%
2 Year122.41%
3 Year103.45%
5 Year214.45%
10 Year401.9%
15 Year1101.19%
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)-7.32
RSI(14)35
LBB636.69
UBB715.17
PH Daily chart

PARKER HANNIFIN CORP

NYSE:PH (12/20/2024, 8:04:00 PM)

After market: 647.2 0 (0%)

647.2

+7.93 (+1.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.24%
1 Week-3.66%
2 Weeks-7.03%
1 Month-7.9%
3 Month3.76%
6 Month28.37%
12 Month41.25%
2 Year122.41%
3 Year103.45%
5 Year214.45%
10 Year401.9%
15 Year1101.19%
Volatility
ATR(14)13.1
ATR(20)%1.88%
ATR Inc61.57%
Range Today19.57
ADR(20)11.83
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.71
Mansfield0.45
10 Day High698.48
10 Day Low632.33
20 Day High712.42
20 Day Low632.33
52 Week High712.42
52 Week Low440
CS1 End647.19
CR1 Start657.99
Volume & EV
DER(3)-2.04%
DER(5)-1.09%
Volume1.34M
Volume Incr85.63%
Vol(5)948.12K
Vol(50)640.43K