PARK-OHIO HOLDINGS CORP (PKOH) Technical Analysis
NASDAQ:PKOH • US7006661000
Current stock price
PKOH Technical Rating and Analysis
Overall PKOH gets a technical rating of 5 out of 10. PKOH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- Warning: PKOH has an average volume of 28515 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, PKOH did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- PKOH is part of the Machinery industry. There are 131 other stocks in this industry, PKOH did better than 61% of them.
- PKOH 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 PKOH is lagging the market slightly.
- In the last month PKOH has a been trading in the 21.33 - 29.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PKOH Weekly and Daily overview Charts
PKOH Setup Rating and Analysis
PKOH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 23.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PKOH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PKOH Support and Resistance Analysis
18.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.37 to 23.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.25 to 22.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @27.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 28.00 to 28.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
PKOH Technical Indicator Signal Analysis
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 PKOH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PKOH is neutral. |
| ChartMill Relative Strength | 76.86 | POSITIVE | PKOH has a high relative strength, it outperformed 76.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PKOH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PKOH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PKOH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.58 | NEUTRAL | The RSI value for PKOH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests PKOH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.45 | NEUTRAL | The Stochastics value for PKOH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for PKOH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for PKOH suggests a weak or negative trend. |
PKOH Chart- and CandleStick Pattern Analysis
PKOH Technicals: Chart, Performance Metrics, Trend & Indicators
24.39
+1.02 (+4.36%)
PARK-OHIO HOLDINGS CORP / PKOH TA FAQ
What is the technical rating for PKOH stock?
ChartMill assigns a technical rating of 5 / 10 to PKOH.
What is the current trend direction of PARK-OHIO HOLDINGS CORP (PKOH) stock?
The current trend direction for PARK-OHIO HOLDINGS CORP (PKOH) is Bullish.
What is the RSI signal for PKOH stock?
PARK-OHIO HOLDINGS CORP (PKOH) has an RSI value of 45.576. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PARK-OHIO HOLDINGS CORP?
The MACD indicator for PARK-OHIO HOLDINGS CORP (PKOH) has a value of -0.291812, indicating a bearish trend.
What is the short term momentum for PARK-OHIO HOLDINGS CORP (PKOH) stock?
The short term momentum for PARK-OHIO HOLDINGS CORP (PKOH) is neutral.