US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

4 hoursBearish89%
4h Downside probability 89%Bearish

PH 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,022.4 and stabilize above resistance $1,084.9.

Invalidation Trigger

Break above $1,084.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 33.1, MACD -3.679

4h
Volatility EnvironmentBullish
Low volatility

ATR is $9.72 (0.97%)

4h

EMA Structure

Bearish
EMA 8$1,007Bearish
EMA 21$1,022.4Bearish
EMA 50$1,024.8Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.1 · MACD -3.679

Momentum is weak

Strength
Bearish
Volatility
ATR $9.72 · BB 8.02%

Low volatility

Strength
Bullish
Volume
MFI 47.3 · OBV -1.06%

Relative to 20-period average volume

Strength
Range
Price Levels
$993.52 - $1,084.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.27% · 9.5 ATR above latest close

$1,094.6
Nearest resistance

+8.3% · 8.5 ATR above · 34-bar high

$1,084.9
Current price

Price shown is delayed

$1,001.7
Nearest support

-0.82% · 0.8 ATR below · 34-bar low

$993.52
Deeper support zone

-1.79% · 1.8 ATR below latest close

$983.8
ATR zone

Latest close ± ATR14

$992.02 - $1,011.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,018.6, invalidation $1,012

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

Trend strength is active

57.4 / 21.0 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$974.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,025.3 / $1,036Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$9.72 (0.97%)Bullish
Bollinger Bands (20,2)

Width 8.02%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,039.9 / $1,003.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$992.02 / $1,011.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,084.9Range
Support

Nearest Downside Decision Level

$993.52Range

Momentum

RSI (14)

Momentum is weak

33.1Bearish
MACD (12,26,9)

Histogram is negative

-3.679Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.4 / 11.7Bullish
Williams %R (14)

Oversold zone

-84.6Bullish
CCI (20)

Balanced zone

-97.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

-1.06%Bearish
Volume ratio

Relative to 20-period average volume

1.32xBullish

Trend

Dow Theory Structure

Confirmation $1,018.6, invalidation $1,012

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

Trend strength is active

57.4 / 21.0 / 35.7Bearish
Supertrend (10,3)

Price is above Supertrend

$974.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,025.3 / $1,036Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

33.1Bearish
MACD (12,26,9)

Histogram is negative

-3.679Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.4 / 11.7Bullish
Williams %R (14)

Oversold zone

-84.6Bullish
CCI (20)

Balanced zone

-97.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$9.72 (0.97%)Bullish
Bollinger Bands (20,2)

Width 8.02%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,039.9 / $1,003.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$992.02 / $1,011.5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

-1.06%Bearish
Volume ratio

Relative to 20-period average volume

1.32xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,084.9Range
Support

Nearest Downside Decision Level

$993.52Range

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