Trading Signals: PH Stock Price Prediction and Forecast

^ PH: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Aug. 2, 2004

Trading Signals: PH Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Wed. Sep. 27, 2023)

(Parker-Hannifin Corporation)
PH latest price $38.7200 (1.23%) ($37.9700 - $38.7900) on Mon. Aug. 2, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.23% (three month average)
RSI   56
Latest Price   $38.7200(1.23%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PH advances 0.7% a day on average for past five trading days.
Weekly Trend   PH advances 0.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support PH advance at 0% a week (0% probability)
IWM(75%)    SPY(75%)    XLY(68%)    EWG(67%)    QQQ(66%)
Factors Impacting PH price   PH will decline at least -0.615% in a week (0% probabilities).
TLT(-32%)    SHY(-19%)    TIP(-12%)    REMX(2%)    LQD(10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.615% (StdDev 1.23%)
Hourly BBV 0 ()
Intraday Trend 1.5%

5 Day Moving Average   $38.36(0.94%)
10 Day Moving Average   $38.04(1.79%)
20 Day Moving Average   $38.06(1.73%)
To recent high   -2.3%
To recent low   10.5%
Market Cap   $4.956b

Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. The firm also provides engineered solutions for mobile, industrial, and aerospace markets. It operates through the following segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers products to original equipment manufacturers. The Aerospace Systems segment supplies aftermarket services, commercial transports, engines, helicopters, military aircraft, missiles, and unmanned aerial vehicles. The company was founded by Arthur L. Parker in 1918 and is headquartered in Cleveland, OH.

$. PH price fluctuates within 0.97% (three month std-dev: 1.23%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20040902

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_2_2004	37.77	38.06	38.04	38.36			38.72(1.23%)	UT	OpenLong	75	1	13	-10000	11	18	1.12	56%	0.03	-19.6	1.23%	0	1.8	56	0
2	Jul_30_2004	37.76	38.01	37.99	38.1			38.25(-0.57%)	UD	OpenLong	75	0.4	8	-10000	9	4	1.51	54%	0.05	-60.7	1.24%	0	0.7	55	0
3	Jul_29_2004	37.74	38.03	37.98	37.9			38.47(0.1%)	N/A	N/A	0	1.5	5	-10000	9	-9	1.34	51%	0.03	-68	1.23%	0	1.2	55	0
4	Jul_28_2004	37.73	38.07	37.94	37.7			38.43(1.29%)	DP	OpenShort	-65	1.4	-1	-10000	5	-20	1.64	47%	0.03	-50.7	1.25%	0	0.7	62	0
5	Jul_27_2004	37.72	38.1	37.91	37.59			37.94(1.42%)	DP	OpenShort	-75	0.6	-10	-10000	-4	-29	1.08	45%	-0.03	-46.5	1.29%	0	-0.3	47	0

6	Jul_26_2004	37.73	38.13	37.93	37.68			37.41(0.38%)	DP	OpenShort	-75	-0.5	-12	-10000	-8	-24	1.24	43%	-0.05	-36.8	1.28%	0	-1.3	42	0
7	Jul_23_2004	37.75	38.21	37.99	37.87			37.27(-0.48%)	DT	OpenShort	-75	-1.1	-8	-10000	-8	-8	1.4	40%	-0.03	-21.8	1.28%	0	-1.7	46	0
8	Jul_22_2004	37.76	38.28	38.08	38.06			37.45(-1.19%)	DT	OpenShort	-75	-1.2	-5	-10000	-6	-2	1.35	44%	-0.03	-9	1.32%	0	-1.6	35	0
9	Jul_21_2004	37.77	38.34	38.11	38.2			37.9(-1.17%)	DT	OpenShort	-75	-0.6	-5	-10000	-2	-12	1.34	44%	0	4	1.36%	0	-0.9	30	0
10	Jul_20_2004	37.77	38.35	38.13	38.26			38.35(-0.1%)	DP	OpenShort	-65	0.2	-4	-10000	1	-17	0.87	44%	0	7.3	1.35%	0	0	43	0

11	Jul_19_2004	37.77	38.35	38.1	38.23			38.39(0.47%)	DP	OpenShort	-65	0.3	-3	-10000	4	-25	1	44%	0.03	4.9	1.35%	0	0.1	47	0
12	Jul_16_2004	37.76	38.34	38.03	38.14			38.21(0.16%)	DP	OpenShort	-65	0.1	-11	-10000	1	-47	0.85	44%	0	-1.6	1.36%	0	-0.3	41	0
13	Jul_15_2004	37.76	38.33	38.08	38.11			38.15(-0.1%)	DP	OpenShort	-65	0.1	-8	-10000	4	-45	0.91	44%	0	-8	1.36%	0	-0.4	48	0
14	Jul_14_2004	37.76	38.32	38.21	38.01			38.19(-0.03%)	DP	OpenShort	-65	0.4	-10	-10000	1	-42	0.98	49%	0.03	-25.8	1.36%	0	-0.3	48	0
15	Jul_13_2004	37.75	38.32	38.28	37.99			38.2(0.71%)	DP	OpenShort	-65	0.4	-7	-10000	1	-32	1.06	47%	0.03	-32.8	1.45%	0	-0.2	52	0

16	Jul_12_2004	37.74	38.31	38.33	37.96			37.93(-0.42%)	DT	HoldShort	-50	-0.1	-6	-10000	2	-29	0.73	47%	0	-33.6	1.46%	0	-0.8	50	0
17	Jul_9_2004	37.74	38.34	38.44	37.91			38.09(1.22%)	DP	OpenShort	-75	0.4	-11	-10000	-5	-28	1.28	47%	0	-28.5	1.46%	0	-0.5	48	0
18	Jul_8_2004	37.74	38.37	38.49	38.05			37.63(-1.26%)	DT	OpenShort	-75	-0.9	-16	-10000	-14	-20	1.03	47%	-0.03	-18.8	1.46%	0	-1.5	49	0
19	Jul_7_2004	37.75	38.44	38.58	38.45			38.11(0.24%)	N/A	N/A	0	-0.7	-1	-10000	-6	14	1.6	45%	-0.03	20.8	1.46%	0	-0.7	54	0
20	Jul_6_2004	37.76	38.47	38.59	38.63			38.02(0.8%)	UD	OpenLong	65	-1.2	2	-10000	-5	24	1.23	45%	-0.03	45.7	1.49%	0	-0.9	50	0

21	Jul_2_2004	37.77	38.48	38.61	38.76			37.72(-2.66%)	UD	OpenLong	65	-2.2	1	-10000	-9	30	1.71	47%	0	62.4	1.48%	0	-1.6	48	0
22	Jul_1_2004	37.77	38.49	38.69	39.03			38.75(-2.25%)	UD	OpenLong	75	-0.6	15	-10000	2	52	1.05	50%	0	88	1.46%	0	0.5	53	0
23	Jun_30_2004	37.77	38.46	38.62	38.98			39.64(1.64%)	UT	OpenLong	75	1.4	18	-10000	8	47	0.93	52%	0.05	97.6	1.43%	0	2.5	61	0
24	Jun_29_2004	37.75	38.35	38.43	38.75			39(0.8%)	UT	OpenLong	75	0.6	11	-10000	7	21	0.97	51%	0.05	105.2	1.42%	0	1.5	45	0
25	Jun_28_2004	37.73	38.25	38.34	38.56			38.69(-0.97%)	UD	OpenLong	75	0.3	4	-10000	4	2	1.24	51%		108	1.43%	0	1	49	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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