US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

4 hoursBullish90%
4h Upside probability 90%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 $935.05 and reclaim $999.24.

Invalidation Trigger

Lose $935.05 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 62.6, MACD 2.501

4h
Volatility EnvironmentBullish
Low volatility

ATR is $12.52 (1.26%)

4h

EMA Structure

Bullish
EMA 8$981.17Bullish
EMA 21$975.12Bullish
EMA 50$969.07Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.6 · MACD 2.501

Momentum is strong

Strength
Bullish
Volatility
ATR $12.52 · BB 6.08%

Low volatility

Strength
Bullish
Volume
MFI 67.3 · OBV -24.75%

Relative to 20-period average volume

Strength
Range
Price Levels
$935.05 - $999.24

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.43% · 1.1 ATR above latest close

$1,011.8
Nearest resistance

+0.17% · 0.1 ATR above · 34-bar high

$999.24
Current price

Price shown is delayed

$997.52
Nearest support

-6.26% · 5.0 ATR below · 34-bar low

$935.05
Deeper support zone

-7.52% · 6.0 ATR below latest close

$922.53
ATR zone

Latest close ± ATR14

$985 - $1,010

Indicators

Trend

Dow Theory Structure

Confirmation $978.39, invalidation $968

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

Trend strength is moderate

11.7 / 35.2 / 31.6Bullish
Supertrend (10,3)

Price is above Supertrend

$964.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$972.35 / $965.27Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

Low volatility

$12.52 (1.26%)Bullish
Bollinger Bands (20,2)

Width 6.08%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$997.28 / $953.46Bullish
ATR channel lower / upper

Current Volatility Envelope

$985 / $1,010Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$999.24Range
Support

Nearest Downside Decision Level

$935.05Range

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

2.501Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 87.7Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

117.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.3Bullish
OBV slope

20-period OBV slope

-24.75%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $978.39, invalidation $968

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

Trend strength is moderate

11.7 / 35.2 / 31.6Bullish
Supertrend (10,3)

Price is above Supertrend

$964.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$972.35 / $965.27Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

62.6Bullish
MACD (12,26,9)

Histogram is positive

2.501Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 87.7Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

117.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Low volatility

$12.52 (1.26%)Bullish
Bollinger Bands (20,2)

Width 6.08%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$997.28 / $953.46Bullish
ATR channel lower / upper

Current Volatility Envelope

$985 / $1,010Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.3Bullish
OBV slope

20-period OBV slope

-24.75%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$999.24Range
Support

Nearest Downside Decision Level

$935.05Range

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