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Archive - 4/17/2025 - Sign In to see current Signals. |
Parker-Hannifin (PH) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Parker-Hannifin (PH). During the week, the PH gave back -4.40 points, or -0.78%, and closed at 561.00 on Thursday, April 17, 2025. Weekly volume was -10% below average.
Long-term trend: [See PH long-term trend chart] A long-term uptrend had started on October 17, 1990 at 4.44 and reached 718.40 on January 31, 2025. PH gained -713.96 points, or -16080.18%, in 1789 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (101.39) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See PH medium-term trend chart] A medium-term uptrend had started on June 17, 2022 at 230.44 and reached 718.40 on January 31, 2025. PH gained -487.96 points, or -211.75%, in 137 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 511.07 and resistance is at 760.17. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PH weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 20, 2024. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.
Short-term trend: [See PH short-term trend chart] A short-term downtrend had started on March 26, 2025 at 656.90 and reached 488.50 on April 7, 2025. PH lost 168.40 points, or 25.64%, in 12 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (572.95). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See PH daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 158.76% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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