Trading Signals: PH Stock Price Prediction and Forecast

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

Thu. Jan. 12, 2023

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

(Parker-Hannifin Corporation)
PH latest price $315.1800 (1.24%) ($311.0000 - $317.0000) on Thu. Jan. 12, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.74% (three month average)
RSI   76
Latest Price   $315.1800(1.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PH advances 1.1% a day on average for past five trading days.
Weekly Trend   PH advances 3.6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support PH advance at 0% a week (0% probability)
PAVE(85%)    XLI(79%)    IWM(71%)    IWN(70%)    IWO(70%)
Factors Impacting PH price   PH will decline at least -0.87% in a week (0% probabilities).
VIXM(-52%)    SHY(-38%)    GLD(-27%)    TIP(-21%)    BNDX(-19%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.87% (StdDev 1.74%)
Hourly BBV 1.7 ()
Intraday Trend 0.5%

5 Day Moving Average   $311.01(1.34%)
10 Day Moving Average   $303.02(4.01%)
20 Day Moving Average   $296.47(6.31%)
To recent high   0%
To recent low   24.5%
Market Cap   $40.343b

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 3.28% (three month std-dev: 1.74%) daily (68% of days).

Sample size 50 Average positive next day return: 1.05%(56%) Average negative next day return: -1.09%(44%) Sample size 50 Average positive next three day return: 1.62%(56%) Average negative next three day return: -2.21%(44%) Sample size 50 Average positive next weekly return: 2.39%(52%) Average negative next weekly return: -2.07%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jan_12_2023	281.64	296.47	303.02	311.01	311.43	312.96	315.18(1.24%)	UT	HoldLong	65	0.4	127	40	113	170	0.71	70%	0.11	50.6	1.74%	1.7	1.9	76	-1.6
2	Jan_11_2023	281.34	295.51	300.19	307.6	309.42	310.7	311.32(0.26%)	UT	HoldLong	65	0.4	111	50	99	145	0.87	70%	0.1	50.9	1.74%	-0.4	1.8	78	-1.9
3	Jan_10_2023	281.07	294.63	298.25	304.71	305.66	309.89	310.5(0.32%)	UT	HoldLong	65	0.7	134	110	128	151	0.98	70%	0.09	47.9	1.74%	0.7	2	80	-2.1
4	Jan_9_2023	280.81	293.51	296.21	300.96	302	308.15	309.52(0.31%)	UT	OpenLong	75	1.3	262	150	284	196	0.88	70%	0.05	34.3	1.75%	0.7	2.4	74	-2
5	Jan_6_2023	280.67	292.56	294.19	297.26	297.44	301.42	308.55(3.51%)	UT	OpenLong	75	2	215	100	235	153	1.14	66%	0.03	18.7	1.79%	1.7	2.8	67	-1.8

6	Jan_5_2023	280.59	291.64	292.4	293.95	293.47	295.86	298.1(0.41%)	UT	OpenLong	75	1	96	50	103	76	0.72	63%	-0	-4.2	1.75%	1.5	1.5	49	-1
7	Jan_4_2023	280.6	291.21	291.24	291.7	291.96	293.46	296.89(1.76%)	UT	OpenLong	75	1.3	80	40	92	45	0.76	67%	-0.03	-25.4	1.75%	1.5	1.5	46	-0.9
8	Jan_3_2023	280.69	290.97	289.84	290.84	290.76	291.08	291.76(0.26%)	N/A	N/A	0	0.2	11	10	16	-5	0.64	68%	-0.15	-36.2	1.81%	0.8	0.2	45	-0.1
9	Dec_30_2022	281.12	291.21	289.25	290.68	290.87	290.45	291(-0.34%)	DP	OpenShort	-65	0.1	-3	-10	1	-15	0.32	68%	-0.04	-45.9	1.87%	-0.6	-0.1	52	1
10	Dec_29_2022	281.24	291.51	289.08	290.58	290.84	290.43	292(1.79%)	DP	OpenShort	-75	0.3	-18	-10	-15	-25	0.54	68%	-0.03	-53.9	1.88%	0	0.1	50	-57.9

11	Dec_28_2022	281.32	291.81	289.47	290.63	290.35	291.29	286.87(-1.95%)	DT	OpenShort	-75	-0.9	-5	20	-1	-15	0.31	70%	-0.01	-60.9	1.88%	-1.7	-1.1	45	1.3
12	Dec_27_2022	281.34	292.2	290.55	290.58	290.49	291.24	292.57(0.55%)	UT	OpenLong	75	0.5	71	20	85	27	0.38	73%	-0.04	-77.4	1.91%	1.1	0.1	53	1.2
13	Dec_23_2022	281.46	292.31	290.81	288.61	288.55	289.42	290.96(0.15%)	RB	SmallLong	20	0.5	11	20	17	-9	0.33	68%	-0.01	-85.6	1.92%	0.7	-0.3	48	1.3
14	Dec_22_2022	281.49	293	290.67	287.57	287.2	289.74	290.52(-0.59%)	N/A	N/A	0	0.6	45	60	62	-5	0.62	64%	0	-88.2	1.95%	0.6	-0.5	42	1.8
15	Dec_21_2022	281.48	293.74	290.82	287.39	286.65	287.69	292.24(1.96%)	RB	SmallLong	20	0.8	53	20	72	-6	0.57	64%	0.02	-81.6	1.99%	1.5	-0.3	43	1.6

16	Dec_20_2022	281.41	294.53	290.77	288.34	286.71	284.67	286.62(1.39%)	DP	OpenShort	-75	-0.3	-82	-70	-85	-71	0.55	62%	-0	-69.1	1.98%	0.8	-1.2	35	1
17	Dec_19_2022	281.42	295.55	291.18	290.67	290.23	285.62	282.7(-1.07%)	DT	OpenShort	-75	-1.1	-133	-120	-148	-87	0.68	63%	-0.02	-58.2	2%	-2	-1.8	38	1.8
18	Dec_16_2022	281.49	296.72	292.29	293.3	294.28	288.76	285.75(-1.34%)	DT	OpenShort	-75	-1.1	-155	-120	-177	-87	1.2	60%	0.01	-53.8	2.01%	-1.1	-1.7	40	0.6
19	Dec_15_2022	281.46	297.67	293.48	294.04	295.83	294.85	289.63(-2.48%)	DT	OpenShort	-75	-0.7	-110	-0	-124	-69	0.74	60%	0.05	-53.8	2.03%	-1.2	-1.3	32	-0.8
20	Dec_14_2022	281.33	298.64	294.28	294.53	295.87	299.8	296.99(-0.44%)	UD	OpenLong	75	0.4	78	110	99	14	0.7	63%	0.1	-36.7	2.01%	0.1	-0.3	37	-0.4

21	Dec_13_2022	281.06	299.29	294.39	293.55	294.46	296.8	298.29(0.83%)	UT	OpenLong	75	0.7	130	60	165	25	1.05	59%	0.11	-31.2	2.01%	1.2	-0.1	35	-0.4
22	Dec_12_2022	280.75	299.7	293.95	291.91	291.88	291.94	295.84(2.21%)	DP	OpenShort	-65	0.6	-13	0	3	-59	0.75	59%	0.1	-33.1	2.08%	2.1	-0.5	35	-1.9
23	Dec_9_2022	280.47	300.31	293.84	291.31	291.49	292.13	289.44(-0.91%)	DT	OpenShort	-75	-0.3	-21	20	-3	-75	0.5	57%	0.08	-29	2.07%	-1.1	-1.5	29	-0.8
24	Dec_8_2022	280.25	301.06	295.43	292.9	291.86	291.82	292.11(0.02%)	DT	HoldShort	-50	-0.1	-6	-10	12	-60	0.51	57%	0.1	-13.8	2.08%	0.3	-1.3	34	-0.1
25	Dec_7_2022	279.98	301.03	296.79	293.98	292.36	290.86	292.06(0.68%)	DP	OpenShort	-75	-0.3	-68	-50	-61	-87	0.69	59%		-5.2	2.08%	0.1	-1.3	29	-0.5
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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