PARKER HANNIFIN CORP (PH)

US7010941042 - Common Stock

537.8  +2.35 (+0.44%)

After market: 537.8 0 (0%)

Technical Rating and Analysis

10

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 90% of all stocks. On top of that, PH also shows a nice and consistent pattern of rising prices.
PH is part of the Machinery industry. There are 133 other stocks in this industry. PH outperforms 84% of them.
PH is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PH has a been trading in the 488.45 - 539.06 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
PH Weekly chart
PH Daily chart
Setup Rating and Analysis

3

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

402.01

543.19

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 520.05 to 529.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 487.08 to 496.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @474.55 from a trend line in the daily time frame.
  • Support @464.49 from a horizontal line in the daily time frame.
  • Support @406.07 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 537.81 to 537.81. 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
CRS90.3
Mansfield1.65
10 Day High539.06
10 Day Low513.05
20 Day High539.06
20 Day Low488.45
52 Week High539.06
52 Week Low300.86
Performance
1 Week1.27%
2 Weeks3.05%
1 Month7.52%
3 Month22.18%
6 Month27.3%
12 Month49.45%
2 Year89.53%
3 Year70.5%
5 Year213.37%
10 Year349.25%
15 Year1482.7%
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)-0.46
RSI(14)76.79
LBB511.57
UBB540.52
PH Daily chart

PARKER HANNIFIN CORP

NYSE:PH (3/1/2024, 7:04:00 PM)

After market: 537.8 0 (0%)

537.8

+2.35 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.44%
1 Week1.27%
2 Weeks3.05%
1 Month7.52%
3 Month22.18%
6 Month27.3%
12 Month49.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.84
ATR(20)%1.57%
ATR Inc
Range Today4.59
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 High539.06
10 Day Low513.05
20 Day High539.06
20 Day Low488.45
52 Week High539.06
52 Week Low300.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume513.60K
Volume Incr-29.2%
Vol(5)534.22K
Vol(50)597.86K