US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

12 hoursBearish81%
12h Downside probability 81%Bearish

PH 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $942.04 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

12h
Momentum StateBearish
Momentum soft

RSI 27.6, MACD -8.883

12h
Volatility EnvironmentRange
Medium volatility

ATR is $19.78 (2.25%)

12h

EMA Structure

Bearish
EMA 8$920.05Bearish
EMA 21$942.04Bearish
EMA 50$956.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 27.6 · MACD -8.883

Momentum is weak

Strength
Bearish
Volatility
ATR $19.78 · BB 12.10%

Medium volatility

Strength
Range
Volume
MFI 42.5 · OBV -27.39%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$869.71 - $992

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.27% · 6.8 ATR above latest close

$1,011.8
Nearest resistance

+13.02% · 5.8 ATR above · 34-bar high

$992
Current price

Price shown is delayed

$877.75
Nearest support

-0.92% · 0.4 ATR below · 34-bar low

$869.71
Deeper support zone

-3.17% · 1.4 ATR below latest close

$849.93
ATR zone

Latest close ± ATR14

$857.97 - $897.53

Indicators

Trend

Dow Theory Structure

Confirmation $975.88, invalidation $944.54

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

Trend strength is active

23.9 / 11.8 / 48.6Bearish
Supertrend (10,3)

Price is above Supertrend

$807.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$926.83 / $930.86Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Medium volatility

$19.78 (2.25%)Range
Bollinger Bands (20,2)

Width 12.10%

-13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$987.28 / $895.06Range
ATR channel lower / upper

Current Volatility Envelope

$857.97 / $897.53Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$992Range
Support

Nearest Downside Decision Level

$869.71Range

Momentum

RSI (14)

Momentum is weak

27.6Bearish
MACD (12,26,9)

Histogram is negative

-8.883Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.6 / 12.2Bearish
Williams %R (14)

Oversold zone

-92.4Bullish
CCI (20)

Weak expansion

-253.3Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-27.39%Bearish
Volume ratio

Relative to 20-period average volume

1.10xRange

Trend

Dow Theory Structure

Confirmation $975.88, invalidation $944.54

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

Trend strength is active

23.9 / 11.8 / 48.6Bearish
Supertrend (10,3)

Price is above Supertrend

$807.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$926.83 / $930.86Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

27.6Bearish
MACD (12,26,9)

Histogram is negative

-8.883Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.6 / 12.2Bearish
Williams %R (14)

Oversold zone

-92.4Bullish
CCI (20)

Weak expansion

-253.3Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$19.78 (2.25%)Range
Bollinger Bands (20,2)

Width 12.10%

-13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$987.28 / $895.06Range
ATR channel lower / upper

Current Volatility Envelope

$857.97 / $897.53Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-27.39%Bearish
Volume ratio

Relative to 20-period average volume

1.10xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$992Range
Support

Nearest Downside Decision Level

$869.71Range

Related Forecasts