Trading Signals: PH Stock Price Prediction and Forecast

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Wed. Jul. 19, 2023

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

(Parker-Hannifin Corporation)
PH latest price $403.6800 (-1.19%) ($399.8900 - $407.9900) on Wed. Jul. 19, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.65% (three month average)
RSI   67
Latest Price   $403.6800(-1.19%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PH advances 0.3% a day on average for past five trading days.
Weekly Trend   PH advances 2% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support PH advance at 0% a week (0% probability)
PAVE(80%)    XLI(70%)    IWM(65%)    IWO(65%)    XAR(65%)
Factors Impacting PH price   PH will decline at least -0.825% in a week (0% probabilities).
VXX(-49%)    VIXM(-44%)    UUP(-10%)    TBT(-9%)    XLU(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.825% (StdDev 1.65%)
Hourly BBV -0 ()
Intraday Trend 0.3%

5 Day Moving Average   $401.61(0.52%)
10 Day Moving Average   $396.43(1.83%)
20 Day Moving Average   $388.83(3.82%)
To recent high   -1.2%
To recent low   29.5%
Market Cap   $51.671b

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 2.83% (three month std-dev: 1.65%) daily (68% of days).

Sample size 50 Average positive next day return: 1.06%(54%) Average negative next day return: -1.02%(46%) Sample size 50 Average positive next three day return: 1.74%(58%) Average negative next three day return: -1.73%(42%) Sample size 50 Average positive next weekly return: 2.31%(44%) Average negative next weekly return: -2.09%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230819

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_19_2023	344.28	388.83	396.43	401.61	400.27	403.52	403.68(-1.19%)	UD	OpenLong	75	0.2	115	50	114	118	0.7	72%	0.16	77.7	1.65%	-0	1.4	67	1.5
2	Jul_18_2023	343.74	387.24	394.39	400.29	398.92	400.68	408.56(1.9%)	UT	OpenLong	75	0.8	132	20	135	123	0.63	72%	0.18	82	1.65%	1.8	1.9	73	1.9
3	Jul_17_2023	343.13	385.23	392.48	398.32	397.91	397.03	400.95(1.2%)	UT	OpenLong	75	0.3	26	-20	8	78	0.61	71%	0.16	91.5	1.64%	1	1.6	73	1.4
4	Jul_14_2023	342.58	383.84	391.3	396.66	397.52	397.16	396.2(-0.62%)	UD	OpenLong	65	-0	13	0	-10	81	0.52	71%	0.14	95.7	1.64%	-0.8	1.2	74	1.2
5	Jul_13_2023	342.09	382.45	390.34	394.25	395.76	398.79	398.66(0.4%)	UT	OpenLong	75	0.5	118	70	113	133	0.84	71%	0.16	102.4	1.64%	0.7	1.7	75	1

6	Jul_12_2023	341.53	380.47	388.69	390.31	391.79	397.88	397.09(-0.4%)	UD	OpenLong	75	0.7	242	120	262	180	1.18	72%	0.16	107.9	1.66%	0.5	1.8	69	1.1
7	Jul_11_2023	340.98	378.45	386.98	387.46	386.38	392.74	398.7(1.54%)	UT	OpenLong	75	1.3	248	110	271	177	0.74	72%	0.18	111.6	1.67%	1.5	2.3	72	-0.3
8	Jul_10_2023	340.37	376.3	384.62	385.93	383.25	385.71	392.64(2.2%)	UT	OpenLong	75	0.8	164	20	173	137	0.56	72%	0.11	122.4	1.66%	1.3	1.8	72	-0.5
9	Jul_7_2023	339.98	374.6	382.41	385.41	383.22	380.01	384.17(1.37%)	N/A	N/A	0	-0.1	-36	-80	-61	40	0.55	71%	0.09	134.9	1.65%	0.9	1	60	-0.3
10	Jul_6_2023	339.66	372.81	381.18	385.92	385.16	380.8	378.96(-1.02%)	DT	OpenShort	-75	-0.7	-150	-90	-197	-8	0.87	71%	0.05	134.9	1.66%	-0.9	0.6	62	-0.6

11	Jul_5_2023	339.48	370.87	380.8	386.62	386.56	386.44	382.85(-2.09%)	CR	SmallShort	-20	-0.4	-45	-0	-79	59	0.83	66%	0.06	134.1	1.65%	-1.3	1.1	73	0.9
12	Jul_3_2023	339.29	368.85	379.76	386.09	385.87	389.53	391.01(0.25%)	UT	HoldLong	65	0.4	139	60	135	150	0.29	61%	0.13	107.9	1.8%	0	1.6	83	1.2
13	Jun_30_2023	338.85	365.68	377.53	382.98	383.04	386.69	390.04(0.85%)	UT	HoldLong	65	0.5	199	70	206	176	0.61	61%	0.12	101	1.79%	1.5	1.7	82	1
14	Jun_29_2023	338.45	362.29	375.8	379	378.93	382.21	386.75(1.12%)	UT	HoldLong	65	0.5	151	60	152	149	0.53	62%	0.11	82.3	1.79%	1.8	1.5	76	1
15	Jun_28_2023	338.09	359.48	373.88	375.85	375.11	379.4	382.45(0.59%)	UT	HoldLong	65	0.4	147	70	146	150	0.67	62%	0.1	68.8	1.8%	1	1.3	80	1.2

16	Jun_27_2023	337.74	356.99	371.54	374.21	372.9	375.66	380.19(1.26%)	UT	HoldLong	65	0.3	165	40	163	169	0.76	62%	0.09	65.7	1.8%	1.3	1.3	83	1.1
17	Jun_26_2023	337.42	354.35	369.18	372.54	371.47	370.83	375.47(1.45%)	UT	HoldLong	65	0.2	65	-20	43	129	0.78	62%	0.08	62.8	1.8%	1.5	1.2	77	1
18	Jun_23_2023	337.15	351.71	367.26	371.27	370.26	370.14	370.12(-0.24%)	N/A	N/A	0	-0.1	-32	-10	-77	103	1.19	62%	0.1	58.9	1.8%	-1.3	1	81	1.1
19	Jun_22_2023	336.81	349.64	366.19	372.05	371.43	372.12	371.01(-0.87%)	UD	OpenLong	75	-0.1	91	10	55	199	0.72	62%	0.13	61	1.8%	-0.2	1.2	84	1.4
20	Jun_21_2023	336.37	347.75	363.87	371.49	371.16	370.38	374.25(0.65%)	UT	OpenLong	75	0.1	76	-20	32	206	0.67	65%	0.15	61	1.8%	1.3	1.4	75	1.3

21	Jun_20_2023	335.87	345.59	360.31	368.36	369.23	370.74	371.85(0.75%)	UT	OpenLong	75	0.2	67	40	25	192	0.79	67%	0.22	60.8	1.84%	0.9	1.5	72	1.2
22	Jun_16_2023	335.14	343.64	357.24	365.22	366.31	371.94	369.1(-1.32%)	UD	OpenLong	75	0.2	202	120	186	250	1.04	64%	0.17	63.6	1.92%	0.6	1.5	73	1.6
23	Jun_15_2023	334.58	341.64	353.08	362.56	361.91	367.72	374.04(1.58%)	UT	HoldLong	65	0.7	261	110	256	275	1.02	57%	0.26	65	1.9%	0	2.1	78	1.2
24	Jun_13_2023	333.7	338.93	347.77	359.54	358.01	360.67	368.23(2.69%)	UT	OpenLong	75	0.6	176	40	165	209	0.93	56%	0.17	61.5	2.05%	1.5	2.1	70	1.3
25	Jun_12_2023	333.13	336.78	343.87	355.21	355.21	356.09	358.59(0.69%)	UT	OpenLong	75	0.3	107	20	90	159	0.65	54%		57.4	2.04%	1.8	1.8	63	1.4
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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