US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

4 hoursBullish83%
4h Upside probability 83%Bullish

PH 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $945.05 and reclaim $983.96.

Invalidation Trigger

Lose $945.05 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.8, MACD 0.002

4h
Volatility EnvironmentBullish
Low volatility

ATR is $7.52 (0.77%)

4h

EMA Structure

Bullish
EMA 8$968.84Bullish
EMA 21$966.28Bullish
EMA 50$962.96Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.8 · MACD 0.002

Momentum is strong

Strength
Bullish
Volatility
ATR $7.52 · BB 2.53%

Low volatility

Strength
Bullish
Volume
MFI 35.4 · OBV 7.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$945.05 - $983.96

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.95% · 2.5 ATR above latest close

$991.48
Nearest resistance

+1.17% · 1.5 ATR above · 34-bar high

$983.96
Current price

Price shown is delayed

$972.55
Nearest support

-2.83% · 3.7 ATR below · 34-bar low

$945.05
Deeper support zone

-3.6% · 4.7 ATR below latest close

$937.53
ATR zone

Latest close ± ATR14

$965.03 - $980.07

Indicators

Trend

Dow Theory Structure

Confirmation $983.96, invalidation $946.72

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

Trend strength is active

49.9 / 29.4 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$947.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$965.34 / $947.69Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Volatility

ATR (14)

Low volatility

$7.52 (0.77%)Bullish
Bollinger Bands (20,2)

Width 2.53%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$983.33 / $949.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$965.03 / $980.07Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$983.96Range
Support

Nearest Downside Decision Level

$945.05Range

Momentum

RSI (14)

Momentum is strong

56.8Bullish
MACD (12,26,9)

Histogram is positive

0.002Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.4 / 69.2Bullish
Williams %R (14)

Neutral zone

-30.6Range
CCI (20)

Balanced zone

52.1Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.4Bearish
OBV slope

20-period OBV slope

7.79%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $983.96, invalidation $946.72

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

Trend strength is active

49.9 / 29.4 / 31.0Bearish
Supertrend (10,3)

Price is above Supertrend

$947.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$965.34 / $947.69Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Momentum

RSI (14)

Momentum is strong

56.8Bullish
MACD (12,26,9)

Histogram is positive

0.002Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.4 / 69.2Bullish
Williams %R (14)

Neutral zone

-30.6Range
CCI (20)

Balanced zone

52.1Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$7.52 (0.77%)Bullish
Bollinger Bands (20,2)

Width 2.53%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$983.33 / $949.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$965.03 / $980.07Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.4Bearish
OBV slope

20-period OBV slope

7.79%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$983.96Range
Support

Nearest Downside Decision Level

$945.05Range

Related Forecasts