PARKER HANNIFIN CORP (PAR.DE) Stock Technical Analysis
FRA:PAR - Deutsche Boerse Ag - US7010941042 - Common Stock - Currency: EUR
Overall PAR gets a technical rating of 7 out of 10. PAR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: PAR has an average volume of 116 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
PAR is part of the Machinery industry. There are 109 other stocks in this industry. PAR outperforms 71% of them.
PAR 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, PAR did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PAR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAR is lagging the market slightly.
PAR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 577.59, a Stop Loss order could be placed below this zone.
More info and screens
458.87
684.38
We found 3 important support areas.
- A support zone ranging from 569.34 to 577.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @491.61 from a trend line in the weekly time frame.
- Support @463.50 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 585.45 to 594.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 606.61 to 609.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 677.40 to 677.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PAR.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAR.DE is up. |
| ChartMill Relative Strength | 76.66 | POSITIVE | PAR.DE has a high relative strength, it outperformed 76.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PAR.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAR.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PAR.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.85 | NEUTRAL | The RSI value for PAR.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.18 | NEGATIVE | The MACD value suggests PAR.DE has a negative trend. |
| Stochastics (14,3) | 42.6 | NEUTRAL | The Stochastics value for PAR.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for PAR.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.07 | NEGATIVE | The low ADX value for PAR.DE suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 594.25 | 569.33 | 24.92 (4.19%) | 23.85% |
| An entry @594.25. This is a Buy Stop order right above the resistance zone. | An exit @569.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 24.92 points, which is 4.19%. | For a 1.00% total portfolio risk, you can invest 23.85% 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.
FRA:PAR (5/30/2025, 7:00:00 PM)
584.4
-0.8 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.14%
1 Week1.18%
2 Weeks-3.66%
1 Month6.72%
3 Month-7.62%
6 Month-12.41%
12 Month21.24%
2 Year94.67%
3 Year121.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.93
ATR(20)%1.94%
ATR Inc-37.16%
Range Today4
ADR(20)6.67
ADR(20)%1.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.66
Mansfield-0.06
10 Day High606.8
10 Day Low567.4
20 Day High615.6
20 Day Low536.8
52 Week High691.4
52 Week Low444.4
CS1 End577.59
CR1 Start585.45
Volume & EV
DER(3)0%
DER(5)0%
Volume24
Volume Incr-22.22%
Vol(5)58.8
Vol(50)116.76