US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%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 $932.38 and reclaim $981.

Invalidation Trigger

Lose $932.38 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.2, MACD 1.460

4h
Volatility EnvironmentBullish
Low volatility

ATR is $7.52 (0.78%)

4h

EMA Structure

Bullish
EMA 8$957.92Bullish
EMA 21$956.61Bullish
EMA 50$953Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.2 · MACD 1.460

Momentum is strong

Strength
Bullish
Volatility
ATR $7.52 · BB 3.29%

Low volatility

Strength
Bullish
Volume
MFI 73.7 · OBV 247.41%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$932.38 - $981

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.49% · 3.2 ATR above latest close

$988.52
Nearest resistance

+1.71% · 2.2 ATR above · 34-bar high

$981
Current price

Price shown is delayed

$964.55
Nearest support

-3.34% · 4.3 ATR below · 34-bar low

$932.38
Deeper support zone

-4.12% · 5.3 ATR below latest close

$924.85
ATR zone

Latest close ± ATR14

$957.03 - $972.07

Indicators

Trend

Dow Theory Structure

Confirmation $966.45, invalidation $948.95

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

Trend strength is active

29.1 / 47.6 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$942.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$953.88 / $966.99Bearish
Donchian Channel (20)

20-period breakout channel position

82%Range

Volatility

ATR (14)

Low volatility

$7.52 (0.78%)Bullish
Bollinger Bands (20,2)

Width 3.29%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$971.33 / $941.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$957.03 / $972.07Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$981Range
Support

Nearest Downside Decision Level

$932.38Range

Momentum

RSI (14)

Momentum is strong

56.2Bullish
MACD (12,26,9)

Histogram is positive

1.460Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.0 / 84.1Bullish
Williams %R (14)

Overbought zone

-7.0Bearish
CCI (20)

Strong expansion

132.1Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.7Bullish
OBV slope

20-period OBV slope

247.41%Bullish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Trend

Dow Theory Structure

Confirmation $966.45, invalidation $948.95

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

Trend strength is active

29.1 / 47.6 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$942.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$953.88 / $966.99Bearish
Donchian Channel (20)

20-period breakout channel position

82%Range

Momentum

RSI (14)

Momentum is strong

56.2Bullish
MACD (12,26,9)

Histogram is positive

1.460Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.0 / 84.1Bullish
Williams %R (14)

Overbought zone

-7.0Bearish
CCI (20)

Strong expansion

132.1Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$7.52 (0.78%)Bullish
Bollinger Bands (20,2)

Width 3.29%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$971.33 / $941.84Bullish
ATR channel lower / upper

Current Volatility Envelope

$957.03 / $972.07Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

73.7Bullish
OBV slope

20-period OBV slope

247.41%Bullish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$981Range
Support

Nearest Downside Decision Level

$932.38Range

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