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Uptrend SupportArchive - 4/25/2025 - 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 a first positive week for the Parker-Hannifin (PH). During the week, the PH gained 37.02 points, or 6.60%, and closed at 598.02 on Friday, April 25, 2025. PH was trading at average weekly trading volume.
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 (101.45) 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 513.11 and resistance is at 763.96. 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, but getting smaller. Use the following link to access a MACD help.
Short-term trend: [See PH short-term trend chart] A short-term uptrend had started on April 7, 2025 at 488.50 and reached 614.82 on April 23, 2025. PH gained -126.32 points, or -25.86%, in 16 days. The price is now at the 13.30% retracement level.
Daily Technical Indicators: [See PH daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 15, 2025. This is an indication that the short-term trend is up. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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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