We assign a technical rating of 2 out of 10 to PKOH. In the last year, PKOH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
PKOH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.42. Right above this resistance zone may be a good entry point.
More info and screens
18.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.33 to 19.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.56 to 18.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.42 to 20.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.87 to 21.57. 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 | NEUTRAL | NEUTRAL | The long term trend for PKOH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PKOH is neutral. |
| ChartMill Relative Strength | 16.92 | NEGATIVE | PKOH has a low relative strength, it was outperformed by 83.08% 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) | DOWN | NEGATIVE | The current price of PKOH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PKOH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.71 | NEUTRAL | The RSI value for PKOH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PKOH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.74 | NEUTRAL | The Stochastics value for PKOH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for PKOH suggests some volalility. |
| Average Directional Index/ADX (14) | 12.37 | NEGATIVE | The low ADX value for PKOH suggests a weak or negative trend. |
19.67
+0.3 (+1.55%)
PARK-OHIO HOLDINGS CORP / PKOH FAQ
What is the technical rating for PKOH stock?
ChartMill assigns a technical rating of 2 / 10 to PKOH.
What is the trend direction for PKOH stock?
The current trend direction for PARK-OHIO HOLDINGS CORP (PKOH) is Bearish.
What is the RSI signal for PKOH stock?
PARK-OHIO HOLDINGS CORP (PKOH) has an RSI value of 47.7119. This indicates that the stock is currently neutral.
What are the support and resistance levels for PARK-OHIO HOLDINGS CORP (PKOH) stock?
PARK-OHIO HOLDINGS CORP (PKOH) has a support level at 19.59 and a resistance level at 20.42. Check the full technical report for our detailed analysis of PKOH support and resistance levels.