US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

1 hourBearish90%
1h Downside probability 90%Bearish

PH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $904.43 and stabilize above resistance $972.94.

Invalidation Trigger

Break above $972.94 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 29.9, MACD -1.981

1h
Volatility EnvironmentBullish
Low volatility

ATR is $11.69 (1.33%)

1h

EMA Structure

Bearish
EMA 8$883.89Bearish
EMA 21$904.43Bearish
EMA 50$927.71Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.9 · MACD -1.981

Momentum is weak

Strength
Bearish
Volatility
ATR $11.69 · BB 14.65%

Low volatility

Strength
Bullish
Volume
MFI 61.1 · OBV 72.90%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$869.71 - $972.94

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.18% · 9.1 ATR above latest close

$984.63
Nearest resistance

+10.84% · 8.1 ATR above · 34-bar high

$972.94
Current price

Price shown is delayed

$877.75
Nearest support

-0.92% · 0.7 ATR below · 34-bar low

$869.71
Deeper support zone

-2.25% · 1.7 ATR below latest close

$858.02
ATR zone

Latest close ± ATR14

$866.06 - $889.44

Indicators

Trend

Dow Theory Structure

Confirmation $869.71, invalidation $882.91

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

65.7 / 8.8 / 68.7Bearish
Supertrend (10,3)

Price is above Supertrend

$851.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$899.2 / $922.8Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Low volatility

$11.69 (1.33%)Bullish
Bollinger Bands (20,2)

Width 14.65%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$920.24 / $885.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$866.06 / $889.44Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$972.94Range
Support

Nearest Downside Decision Level

$869.71Range

Momentum

RSI (14)

Momentum is weak

29.9Bearish
MACD (12,26,9)

Histogram is negative

-1.981Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.0 / 11.1Bearish
Williams %R (14)

Oversold zone

-89.0Bullish
CCI (20)

Balanced zone

-71.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.1Bullish
OBV slope

20-period OBV slope

72.90%Bullish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Trend

Dow Theory Structure

Confirmation $869.71, invalidation $882.91

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

65.7 / 8.8 / 68.7Bearish
Supertrend (10,3)

Price is above Supertrend

$851.59Bullish
Ichimoku Cloud

Cloud Span A / Span B

$899.2 / $922.8Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

29.9Bearish
MACD (12,26,9)

Histogram is negative

-1.981Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.0 / 11.1Bearish
Williams %R (14)

Oversold zone

-89.0Bullish
CCI (20)

Balanced zone

-71.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$11.69 (1.33%)Bullish
Bollinger Bands (20,2)

Width 14.65%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$920.24 / $885.95Bullish
ATR channel lower / upper

Current Volatility Envelope

$866.06 / $889.44Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.1Bullish
OBV slope

20-period OBV slope

72.90%Bullish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$972.94Range
Support

Nearest Downside Decision Level

$869.71Range

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