US stock / ETF

Parker-Hannifin Corporation

PH · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

PH 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $927.04 and stabilize above resistance $975.88.

Invalidation Trigger

Break above $975.88 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 22.4, MACD -8.061

4h
Volatility EnvironmentRange
Low volatility

ATR is $14.84 (1.69%)

4h

EMA Structure

Bearish
EMA 8$901.06Bearish
EMA 21$927.04Bearish
EMA 50$944.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 22.4 · MACD -8.061

Momentum is weak

Strength
Bearish
Volatility
ATR $14.84 · BB 14.36%

Low volatility

Strength
Range
Volume
MFI 38.6 · OBV -5.00%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$869.71 - $975.88

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.87% · 7.6 ATR above latest close

$990.72
Nearest resistance

+11.18% · 6.6 ATR above · 34-bar high

$975.88
Current price

Price shown is delayed

$877.75
Nearest support

-0.92% · 0.5 ATR below · 34-bar low

$869.71
Deeper support zone

-2.61% · 1.5 ATR below latest close

$854.87
ATR zone

Latest close ± ATR14

$862.91 - $892.59

Indicators

Trend

Dow Theory Structure

Confirmation $877.23, invalidation $964.12

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

Trend strength is active

42.4 / 9.7 / 67.0Bearish
Supertrend (10,3)

Price is above Supertrend

$830.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$919.86 / $930.86Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$14.84 (1.69%)Range
Bollinger Bands (20,2)

Width 14.36%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$956.68 / $894.98Range
ATR channel lower / upper

Current Volatility Envelope

$862.91 / $892.59Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$975.88Range
Support

Nearest Downside Decision Level

$869.71Range

Momentum

RSI (14)

Momentum is weak

22.4Bearish
MACD (12,26,9)

Histogram is negative

-8.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.8 / 11.0Bearish
Williams %R (14)

Oversold zone

-92.2Bullish
CCI (20)

Weak expansion

-139.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.6Bearish
OBV slope

20-period OBV slope

-5.00%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $877.23, invalidation $964.12

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

Trend strength is active

42.4 / 9.7 / 67.0Bearish
Supertrend (10,3)

Price is above Supertrend

$830.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$919.86 / $930.86Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

22.4Bearish
MACD (12,26,9)

Histogram is negative

-8.061Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.8 / 11.0Bearish
Williams %R (14)

Oversold zone

-92.2Bullish
CCI (20)

Weak expansion

-139.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$14.84 (1.69%)Range
Bollinger Bands (20,2)

Width 14.36%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$956.68 / $894.98Range
ATR channel lower / upper

Current Volatility Envelope

$862.91 / $892.59Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.6Bearish
OBV slope

20-period OBV slope

-5.00%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$975.88Range
Support

Nearest Downside Decision Level

$869.71Range

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