US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

1 hourBearish62%
1h Downside probability 62%Bearish

PH 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $1,007.2 and stabilize above resistance $1,046.2.

Invalidation Trigger

Break above $1,046.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 38.2, MACD 0.991

1h
Volatility EnvironmentBullish
Low volatility

ATR is $4.2 (0.42%)

1h

EMA Structure

Bearish
EMA 8$1,000.7Bullish
EMA 21$1,007.2Bearish
EMA 50$1,021.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.2 · MACD 0.991

Momentum is weak

Strength
Range
Volatility
ATR $4.2 · BB 3.07%

Low volatility

Strength
Bullish
Volume
MFI 56.3 · OBV -10.32%

Relative to 20-period average volume

Strength
Range
Price Levels
$993.52 - $1,046.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.86% · 11.6 ATR above latest close

$1,050.4
Nearest resistance

+4.44% · 10.6 ATR above · 34-bar high

$1,046.2
Current price

Price shown is delayed

$1,001.7
Nearest support

-0.82% · 2.0 ATR below · 34-bar low

$993.52
Deeper support zone

-1.24% · 3.0 ATR below latest close

$989.32
ATR zone

Latest close ± ATR14

$997.54 - $1,005.9

Indicators

Trend

Dow Theory Structure

Confirmation $993.52, invalidation $1,012

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

Trend strength is active

31.1 / 33.4 / 33.1Bullish
Supertrend (10,3)

Price is above Supertrend

$987.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,009.8 / $1,028.5Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Low volatility

$4.2 (0.42%)Bullish
Bollinger Bands (20,2)

Width 3.07%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,016.4 / $996.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$997.54 / $1,005.9Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,046.2Range
Support

Nearest Downside Decision Level

$993.52Range

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is positive

0.991Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.5 / 34.8Bullish
Williams %R (14)

Neutral zone

-55.5Range
CCI (20)

Balanced zone

-38.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

-10.32%Bearish
Volume ratio

Relative to 20-period average volume

4.41xBullish

Trend

Dow Theory Structure

Confirmation $993.52, invalidation $1,012

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

Trend strength is active

31.1 / 33.4 / 33.1Bullish
Supertrend (10,3)

Price is above Supertrend

$987.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,009.8 / $1,028.5Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

38.2Bearish
MACD (12,26,9)

Histogram is positive

0.991Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.5 / 34.8Bullish
Williams %R (14)

Neutral zone

-55.5Range
CCI (20)

Balanced zone

-38.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$4.2 (0.42%)Bullish
Bollinger Bands (20,2)

Width 3.07%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,016.4 / $996.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$997.54 / $1,005.9Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

56.3Bullish
OBV slope

20-period OBV slope

-10.32%Bearish
Volume ratio

Relative to 20-period average volume

4.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,046.2Range
Support

Nearest Downside Decision Level

$993.52Range

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