US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

4 hoursBullish84%
4h Upside probability 84%Bullish

PH 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $815.11 and reclaim $973.41.

Invalidation Trigger

Lose $815.11 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 64.0, MACD 0.744

4h
Volatility EnvironmentRange
Low volatility

ATR is $16.21 (1.68%)

4h

EMA Structure

Bullish
EMA 8$955.61Bullish
EMA 21$934.16Bullish
EMA 50$910.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.0 · MACD 0.744

Momentum is strong

Strength
Bullish
Volatility
ATR $16.21 · BB 12.38%

Low volatility

Strength
Range
Volume
MFI 38.6 · OBV -107.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$815.11 - $973.41

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.76% · 1.6 ATR above latest close

$989.62
Nearest resistance

+1.07% · 0.6 ATR above · 34-bar high

$973.41
Current price

Price shown is delayed

$963.08
Nearest support

-15.36% · 9.1 ATR below · 34-bar low

$815.11
Deeper support zone

-17.05% · 10.1 ATR below latest close

$798.9
ATR zone

Latest close ± ATR14

$946.87 - $979.29

Indicators

Trend

Dow Theory Structure

Confirmation $963.3, invalidation $941.8

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

Trend strength is active

67.2 / 36.4 / 8.1Bullish
Supertrend (10,3)

Price is above Supertrend

$918.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$939.68 / $894.26Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$16.21 (1.68%)Range
Bollinger Bands (20,2)

Width 12.38%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$966.13 / $905.22Range
ATR channel lower / upper

Current Volatility Envelope

$946.87 / $979.29Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$973.41Range
Support

Nearest Downside Decision Level

$815.11Range

Momentum

RSI (14)

Momentum is strong

64.0Bullish
MACD (12,26,9)

Histogram is positive

0.744Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.2 / 83.5Bearish
Williams %R (14)

Overbought zone

-18.8Bearish
CCI (20)

Balanced zone

85.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.6Bearish
OBV slope

20-period OBV slope

-107.21%Bearish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Trend

Dow Theory Structure

Confirmation $963.3, invalidation $941.8

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

Trend strength is active

67.2 / 36.4 / 8.1Bullish
Supertrend (10,3)

Price is above Supertrend

$918.38Bullish
Ichimoku Cloud

Cloud Span A / Span B

$939.68 / $894.26Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

64.0Bullish
MACD (12,26,9)

Histogram is positive

0.744Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.2 / 83.5Bearish
Williams %R (14)

Overbought zone

-18.8Bearish
CCI (20)

Balanced zone

85.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$16.21 (1.68%)Range
Bollinger Bands (20,2)

Width 12.38%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$966.13 / $905.22Range
ATR channel lower / upper

Current Volatility Envelope

$946.87 / $979.29Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.6Bearish
OBV slope

20-period OBV slope

-107.21%Bearish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$973.41Range
Support

Nearest Downside Decision Level

$815.11Range

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