US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

1 hourBearish70%
1h Downside probability 70%Bearish

PH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $965.19 and stabilize above resistance $981.5.

Invalidation Trigger

Break above $981.5 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 45.2, MACD -2.895

1h
Volatility EnvironmentBullish
Low volatility

ATR is $5.64 (0.59%)

1h

EMA Structure

Range
EMA 8$964.11Bearish
EMA 21$965.19Bearish
EMA 50$955.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.2 · MACD -2.895

Neutral zone

Strength
Bearish
Volatility
ATR $5.64 · BB 2.32%

Low volatility

Strength
Bullish
Volume
MFI 50.0 · OBV -0.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$940.44 - $981.5

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.04% · 5.2 ATR above latest close

$987.14
Nearest resistance

+2.46% · 4.2 ATR above · 34-bar high

$981.5
Current price

Price shown is delayed

$957.98
Nearest support

-1.83% · 3.1 ATR below · 34-bar low

$940.44
Deeper support zone

-2.42% · 4.1 ATR below latest close

$934.8
ATR zone

Latest close ± ATR14

$952.34 - $963.62

Indicators

Trend

Dow Theory Structure

Confirmation $981.5, invalidation $958.62

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.1 / 25.3 / 45.7Bearish
Supertrend (10,3)

Price is above Supertrend

$937.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$968.3 / $929.14Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Volatility

ATR (14)

Low volatility

$5.64 (0.59%)Bullish
Bollinger Bands (20,2)

Width 2.32%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$978.93 / $951.85Bullish
ATR channel lower / upper

Current Volatility Envelope

$952.34 / $963.62Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$981.5Range
Support

Nearest Downside Decision Level

$940.44Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-2.895Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 5.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-173.1Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.0Range
OBV slope

20-period OBV slope

-0.11%Bearish
Volume ratio

Relative to 20-period average volume

3.31xBullish

Trend

Dow Theory Structure

Confirmation $981.5, invalidation $958.62

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.1 / 25.3 / 45.7Bearish
Supertrend (10,3)

Price is above Supertrend

$937.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$968.3 / $929.14Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-2.895Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 5.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-173.1Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$5.64 (0.59%)Bullish
Bollinger Bands (20,2)

Width 2.32%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$978.93 / $951.85Bullish
ATR channel lower / upper

Current Volatility Envelope

$952.34 / $963.62Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.0Range
OBV slope

20-period OBV slope

-0.11%Bearish
Volume ratio

Relative to 20-period average volume

3.31xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$981.5Range
Support

Nearest Downside Decision Level

$940.44Range

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