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- 7/24/2026 -
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Parker-Hannifin (PH) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overboughtTrend resistance at 962.04
Daily :Williams' Percentage Range is overboughtDaily  MACD line has moved above its signal lineThe price is above the upper Bollinger BandThe period of low volatility of the stock price
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It was a first positive week after 3 consecutive negative weeks for the Parker-Hannifin (PH). During the week, the PH gained 34.33 points, or 3.60%, and closed at 987.54 on Friday, July 24, 2026. Weekly volume was -21% below average.

PH is a member of Industrials Sector. Industrials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See PH long-term trend chart]
A long-term uptrend had started on October 17, 1990 at 4.44 and reached 1034.96 on February 25, 2026. PH gained -1030.52 points, or -23209.91%, in 1845 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (105.42) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 1034.96 on February 25, 2026. PH gained -804.52 points, or -349.12%, in 192 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (962.04). 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 medium-term trend.

Weekly Technical Indicators: [See PH weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 10, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 February 25, 2026 at 1034.96 and reached 815.01 on June 1, 2026. PH lost 219.95 points, or 21.25%, in 96 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 777.40 and resistance is at 1017.91. A Broadening Descending 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 Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See PH daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands is falling, and it was 4.8% on Friday. It is 53.94% lower than one year average. It indicates the period of low 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.82
Williams' Percentage Range (W%R) 16.10
Overbought
Lane's Stochastic (%D-Slow) 72.53
Greed/Fear Indicator (GFI) 70.74
Moving Average Converg./Diverg. (MACD) 11.94
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.81
Williams' Percentage Range (W%R) 18.60
Overbought
Lane's Stochastic (%D-Slow) 77.54
Greed/Fear Indicator (GFI) 70.24
Moving Average Converg./Diverg. (MACD) 18.42
Trading Signals
Description Value Chart
Weekly Trendline Resistance 1017.91
Daily Stochastic Crossing 987.74
Price 987.54
Upper Bollinger Band 981.61
20 Day Moving Average 962.52
Weekly Stochastic Crossing 962.52
Quarterly Trendline Resistance 962.04
Parabolic System 943.02
Lower Bollinger Band 934.18
50 Day Moving Average 919.05
Sector and Industry
Description Name Rank
Sector Industrials 8
Industry Industrial Machinery 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 815.01
Low Date 06/01/2026
High 1003.79
High Date 06/25/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Right-Angled, Descending Wedge
Status Valid
Resistance 1017.91
Support 777.40
High 1034.96
High Date 02/25/2026
Low 815.01
Low Date 06/01/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 488.50
Low Date 04/07/2025
High 1034.96
High Date 02/25/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 962.04
Support 615.72
Low 230.44
Low Date 06/17/2022
High 1034.96
High Date 02/25/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 239.33
Support 105.42
Low 4.44
Low Date 10/17/1990
High 1034.96
High Date 02/25/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.