US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

PH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $939.34 and reclaim $973.41.

Invalidation Trigger

Lose $939.34 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 56.8, MACD 0.033

1h
Volatility EnvironmentBullish
Low volatility

ATR is $7.51 (0.78%)

1h

EMA Structure

Bullish
EMA 8$961.18Bullish
EMA 21$957.11Bullish
EMA 50$944.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.8 · MACD 0.033

Momentum is strong

Strength
Bullish
Volatility
ATR $7.51 · BB 2.92%

Low volatility

Strength
Bullish
Volume
MFI 32.0 · OBV 0.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$939.34 - $973.41

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.85% · 2.4 ATR above latest close

$980.92
Nearest resistance

+1.07% · 1.4 ATR above · 34-bar high

$973.41
Current price

Price shown is delayed

$963.08
Nearest support

-2.47% · 3.2 ATR below · 34-bar low

$939.34
Deeper support zone

-3.24% · 4.2 ATR below latest close

$931.83
ATR zone

Latest close ± ATR14

$955.57 - $970.59

Indicators

Trend

Dow Theory Structure

Confirmation $973.41, invalidation $958.04

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

Trend strength is moderate

13.2 / 39.5 / 33.0Bullish
Supertrend (10,3)

Price is above Supertrend

$944Bullish
Ichimoku Cloud

Cloud Span A / Span B

$958.38 / $935.06Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Volatility

ATR (14)

Low volatility

$7.51 (0.78%)Bullish
Bollinger Bands (20,2)

Width 2.92%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$970.25 / $944.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$955.57 / $970.59Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$973.41Range
Support

Nearest Downside Decision Level

$939.34Range

Momentum

RSI (14)

Momentum is strong

56.8Bullish
MACD (12,26,9)

Histogram is positive

0.033Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.3 / 62.7Bullish
Williams %R (14)

Neutral zone

-32.7Range
CCI (20)

Balanced zone

70.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

0.69%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $973.41, invalidation $958.04

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

Trend strength is moderate

13.2 / 39.5 / 33.0Bullish
Supertrend (10,3)

Price is above Supertrend

$944Bullish
Ichimoku Cloud

Cloud Span A / Span B

$958.38 / $935.06Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Momentum

RSI (14)

Momentum is strong

56.8Bullish
MACD (12,26,9)

Histogram is positive

0.033Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

67.3 / 62.7Bullish
Williams %R (14)

Neutral zone

-32.7Range
CCI (20)

Balanced zone

70.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$7.51 (0.78%)Bullish
Bollinger Bands (20,2)

Width 2.92%

71%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$970.25 / $944.63Bullish
ATR channel lower / upper

Current Volatility Envelope

$955.57 / $970.59Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

0.69%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$973.41Range
Support

Nearest Downside Decision Level

$939.34Range

Related Forecasts