US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

1 dayBearish88%
Daily Downside probability 88%Bearish

PH 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $948.01 and stabilize above resistance $992.

Invalidation Trigger

Break above $992 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 30.2, MACD -7.328

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $24.47 (2.79%)

Daily

EMA Structure

Bearish
EMA 8$929.24Bearish
EMA 21$948.01Bearish
EMA 50$959.97Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.2 · MACD -7.328

Momentum is weak

Strength
Bearish
Volatility
ATR $24.47 · BB 10.61%

Medium volatility

Strength
Range
Volume
MFI 47.3 · OBV -2.05%

Relative to 20-period average volume

Strength
Range
Price Levels
$869.71 - $992

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.88% · 5.7 ATR above latest close

$1,016.5
Nearest resistance

+13.09% · 4.7 ATR above · 34-bar high

$992
Current price

Price shown is delayed

$877.22
Nearest support

-0.86% · 0.3 ATR below · 34-bar low

$869.71
Deeper support zone

-3.65% · 1.3 ATR below latest close

$845.24
ATR zone

Latest close ± ATR14

$852.74 - $901.69

Indicators

Trend

Dow Theory Structure

Confirmation $976.44, invalidation $943.8

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 14.1 / 47.0Bearish
Supertrend (10,3)

Price is above Supertrend

$804.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$926.97 / $972.28Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$24.47 (2.79%)Range
Bollinger Bands (20,2)

Width 10.61%

-27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$997.43 / $896.99Range
ATR channel lower / upper

Current Volatility Envelope

$852.74 / $901.69Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$992Range
Support

Nearest Downside Decision Level

$869.71Range

Momentum

RSI (14)

Momentum is weak

30.2Bearish
MACD (12,26,9)

Histogram is negative

-7.328Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.1 / 21.4Bearish
Williams %R (14)

Oversold zone

-93.9Bullish
CCI (20)

Weak expansion

-344.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

-2.05%Bearish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Trend

Dow Theory Structure

Confirmation $976.44, invalidation $943.8

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 14.1 / 47.0Bearish
Supertrend (10,3)

Price is above Supertrend

$804.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$926.97 / $972.28Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

30.2Bearish
MACD (12,26,9)

Histogram is negative

-7.328Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.1 / 21.4Bearish
Williams %R (14)

Oversold zone

-93.9Bullish
CCI (20)

Weak expansion

-344.0Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$24.47 (2.79%)Range
Bollinger Bands (20,2)

Width 10.61%

-27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$997.43 / $896.99Range
ATR channel lower / upper

Current Volatility Envelope

$852.74 / $901.69Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

-2.05%Bearish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$992Range
Support

Nearest Downside Decision Level

$869.71Range

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