Trading Signals: PH Stock Price Prediction and Forecast

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Fri. Jul. 23, 2021

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

(Parker-Hannifin Corporation)
PH latest price $306.6800 (1.24%) ($303.5400 - $307.7200) on Fri. Jul. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.43% (three month average)
RSI   49
Latest Price   $306.6800(1.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PH advances 0.5% a day on average for past five trading days.
Weekly Trend   PH declines -1.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support PH advance at 0% a week (0% probability)
PAVE(84%)    IWD(78%)    DIA(77%)    IVE(77%)    IWN(76%)
Factors Impacting PH price   PH will decline at least -0.715% in a week (0% probabilities).
VIXM(-42%)    UUP(-32%)    VXX(-11%)    SHY(-4%)    TBT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.715% (StdDev 1.43%)
Hourly BBV 1.4 ()
Intraday Trend 0.2%

5 Day Moving Average   $300.85(1.94%)
10 Day Moving Average   $303.89(0.92%)
20 Day Moving Average   $305.02(0.54%)
To recent high   -4.7%
To recent low   9.1%
Market Cap   $39.255b

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 1.61% (three month std-dev: 1.43%) daily (68% of days).

Sample size 8 Average positive next day return: 2.14%(75%) Average negative next day return: -2.14%(25%) Sample size 8 Average positive next three day return: 2.71%(63%) Average negative next three day return: -3.05%(38%) Sample size 8 Average positive next weekly return: 3.32%(63%) Average negative next weekly return: -3.51%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210823

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	Jul_23_2021	309.01	305.02	303.89	300.85	302.19	305.1	306.68(1.24%)	UT	OpenLong	75	1.2	95	80	126	2	0.45	46%	0.04	44.1	1.43%	1.4	0.3	49	-0.2
2	Jul_22_2021	308.88	304.66	304.27	299.51	298.42	303.94	302.91(-0.74%)	UD	OpenLong	75	0.7	124	120	161	11	0.43	46%	0.02	47.3	1.44%	0.3	-0.3	47	-0
3	Jul_21_2021	308.81	304.33	304.66	300.18	298.31	299.27	305.18(1.89%)	UT	OpenLong	75	0.9	163	0	206	32	0.6	46%	0.03	47.8	1.44%	1.1	0.2	48	0.7
4	Jul_20_2021	308.72	303.61	304.93	300.51	299	292.89	299.53(3.31%)	DP	OpenShort	-75	-0.2	-212	-160	-237	-137	1.03	44%	0.01	38.1	1.44%	0.7	-0.6	49	-0.5
5	Jul_19_2021	308.7	303.14	305.46	302.56	302.49	297.36	289.93(-3.36%)	DT	OpenShort	-75	-1.8	-357	-120	-412	-193	0.91	40%	0.01	36.7	1.39%	-1.5	-1.8	38	-2.8

6	Jul_16_2021	308.67	302.89	307.45	307.25	307.64	305.11	300(-2.04%)	DT	OpenShort	-75	-0.9	-121	-50	-147	-41	0.65	43%	0.04	37.4	1.33%	-2.3	-0.4	51	0.3
7	Jul_15_2021	308.56	302.25	308.25	309.57	309.48	307.62	306.24(-0.19%)	DT	OpenShort	-75	-0.4	-97	-40	-128	-2	0.7	46%	0.03	32.7	1.31%	-1	0.4	63	1
8	Jul_14_2021	308.47	301.74	308.37	309.69	310.79	310.17	306.83(-0.96%)	N/A	N/A	0	-0.3	-7	-0	-28	56	0.66	46%	0.07	28.4	1.31%	-1.3	0.6	68	1.6
9	Jul_13_2021	308.25	301.19	308.03	309.98	310.03	311.33	309.8(-1.15%)	UD	OpenLong	75	-0	50	30	32	103	0.68	46%	0.09	22.1	1.31%	-2	1	77	1.2
10	Jul_12_2021	307.97	300.52	307.45	308.8	308.75	311.41	313.39(0.58%)	UT	HoldLong	65	0.5	146	60	141	160	0.89	46%	0.11	13.7	1.32%	1	1.5	84	1.2

11	Jul_9_2021	307.63	299.86	306.27	307.78	307.22	308.74	311.57(1.53%)	UT	HoldLong	65	0.5	140	30	127	177	0.65	46%	0.14	7.3	1.32%	1	1.4	86	1.1
12	Jul_8_2021	307.19	299.35	305	306.87	306.27	306.08	306.88(-0.44%)	UD	OpenLong	75	0	36	-10	0	142	1.16	43%	0.12	1.1	1.31%	0.1	1	75	-0.1
13	Jul_7_2021	306.83	299.19	303.91	306.91	306.87	305.71	308.24(1.42%)	UT	HoldLong	50	0.2	27	-30	-11	141	0.88	43%	0.1	-1.9	1.31%	0.7	1.2	60	1
14	Jul_6_2021	306.51	299.22	302.1	305.8	306.34	306.45	303.92(-1.41%)	N/A	N/A	0	-0.2	-18	10	-59	107	1.18	41%	0.09	-7.2	1.3%	-0.9	0.6	57	0.9
15	Jul_2_2021	306.22	299.32	300.62	305.78	306.28	308.03	308.27(0.4%)	UT	OpenLong	75	0.3	127	40	113	168	0.71	42%	0.12	-7.4	1.28%	1.3	1.1	60	1.5

16	Jul_1_2021	305.86	299.25	297.99	304.47	304.73	306.23	307.03(-0.03%)	UD	OpenLong	75	0.3	118	40	114	129	1	42%	0.11	-11.3	1.29%	1.1	0.9	53	1.7
17	Jun_30_2021	305.52	299.27	295.82	302.84	303.04	304.52	307.11(1.47%)	UT	OpenLong	75	0.5	97	40	101	86	0.96	42%	0.11	-14.6	1.29%	1.4	0.9	51	1.5
18	Jun_29_2021	305.19	299.33	294.55	300.46	301.34	303.24	302.65(-0.39%)	UD	OpenLong	75	0.3	125	50	143	69	0.97	40%	0.08	-18.6	1.27%	0.3	0.4	45	1.4
19	Jun_28_2021	304.95	299.77	293.76	297.79	298.68	301.56	303.82(0.69%)	UT	OpenLong	75	0.7	145	80	180	38	1.15	40%	0.08	-23.2	1.27%	1.4	0.5	40	1.7
20	Jun_25_2021	304.7	299.93	292.91	294.64	295.29	299.44	301.74(0.96%)	UT	OpenLong	75	0.8	198	100	256	24	1.39	40%	0.11	-31.5	1.27%	1.2	0.2	43	2

21	Jun_24_2021	304.37	300.19	292.73	290.49	291.46	295.81	298.87(1.23%)	RB	SmallLong	20	0.9	212	110	286	-10	1.11	40%	0.1	-42	1.29%	1.1	-0.1	39	1.7
22	Jun_23_2021	304.08	300.49	292.99	287.76	287.6	291.14	295.24(2.06%)	RB	SmallLong	20	0.8	113	80	179	-86	1.29	40%	0.09	-50.5	1.29%	1.4	-0.6	35	1.7
23	Jun_22_2021	303.81	300.97	293.86	287.91	286.57	287.12	289.29(0.43%)	N/A	N/A	0	0.2	18	-0	70	-139	0.78	35%	0.07	-53.8	1.28%	1.5	-1.3	26	1.4
24	Jun_21_2021	303.59	301.85	295.92	289.23	288.38	284.06	288.05(2.51%)	DP	OpenShort	-75	-0.1	-167	-110	-148	-223	0.85	35%	0.08	-58.1	1.27%	1.1	-1.6	23	0.6
25	Jun_18_2021	303.36	302.8	297.85	291	290.99	286.02	280.99(-1.49%)	DT	HoldShort	-65	-1.2	-374	-120	-394	-313	1.53	29%		-65.9	1.24%	-1	-2.7	22	-0.2
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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