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 9 out of 10. Both in the recent history as in the last year, PKOH has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: PKOH has an average volume of 29738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PKOH is one of the better performing stocks in the market, outperforming 81% of all stocks.
- PKOH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PKOH is lagging the market slightly.
- In the last month PKOH has a been trading in the 21.33 - 26.53 range, which is quite wide. It is currently trading near the high of this range.
- PKOH is an average performer in the Machinery industry, it outperforms 68% of 131 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PKOH Weekly and Daily overview Charts
PKOH Setup Rating and Analysis
Although PKOH has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
PKOH Support and Resistance Analysis
18.37
We found 4 important support areas.
- A support zone ranging from 24.21 to 24.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.37 to 23.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.61 to 22.84. 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.
We can see 2 important resistance areas.
- Resistance @27.29 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 | UP | POSITIVE | The short term trend for PKOH is up. |
| ChartMill Relative Strength | 81.34 | POSITIVE | PKOH has a high relative strength, it outperformed 81.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PKOH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PKOH is above 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) | 62.76 | NEUTRAL | The RSI value for PKOH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests PKOH has a positive trend. |
| Stochastics (14,3) | 94.94 | OVERBOUGHT | The high Stochastics value suggests PKOH may be overbought. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PKOH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.61 | 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
26.44
+0.38 (+1.46%)
PARK-OHIO HOLDINGS CORP / PKOH TA FAQ
What is the technical rating for PKOH stock?
ChartMill assigns a technical rating of 9 / 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 PARK-OHIO HOLDINGS CORP (PKOH) stock?
PARK-OHIO HOLDINGS CORP (PKOH) has an RSI value of 62.7593. This indicates that the stock is currently neutral.
What is the MACD signal for PARK-OHIO HOLDINGS CORP (PKOH) stock?
The MACD indicator for PARK-OHIO HOLDINGS CORP (PKOH) has a value of 0.316697, indicating a bearish trend.
Can you provide the support and resistance levels for PARK-OHIO HOLDINGS CORP?
PARK-OHIO HOLDINGS CORP (PKOH) has a support level at 24.8 and a resistance level at 27.29. Check the full technical report for our detailed analysis of PKOH support and resistance levels.