Trading Signals: PH Stock Price Prediction and Forecast

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Thu. Feb. 20, 2020

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

(Parker-Hannifin Corporation)
PH latest price $215.2800 (1.65%) ($210.8650 - $215.9400) on Thu. Feb. 20, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.39% (three month average)
RSI   62
Latest Price   $215.2800(1.65%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PH advances 0.1% a day on average for past five trading days.
Weekly Trend   PH advances 2.2% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support PH advance at 0% a week (0% probability)
PAVE(88%)    IWD(84%)    DIA(83%)    IVE(83%)    IWN(82%)
Factors Impacting PH price   PH will decline at least -0.695% in a week (0% probabilities).
VIXM(-55%)    VXX(-22%)    TLT(-21%)    UUP(-16%)    SHY(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.695% (StdDev 1.39%)
Hourly BBV 1.9 ()
Intraday Trend 1.9%

Inflection Point   Yes
5 Day Moving Average   $212.5(1.31%)
10 Day Moving Average   $211.67(1.71%)
20 Day Moving Average   $206.43(4.29%)
To recent high   0%
To recent low   11%
Market Cap   $27.556b

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 3.25% (three month std-dev: 1.39%) daily (68% of days).

Sample size 25 Average positive next day return: 1.91%(44%) Average negative next day return: -1.54%(56%) Sample size 25 Average positive next three day return: 3.6%(44%) Average negative next three day return: -2.95%(56%) Sample size 25 Average positive next weekly return: 5.2%(48%) Average negative next weekly return: -4.61%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200320

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	Feb_20_2020	198.53	206.43	211.67	212.5	211.83	212.9	215.28(1.65%)	UT	OpenLong	75	0.4	96	30	85	128	0.95	56%	0.23	34.5	1.39%	1.9	1.3	62	0.4
2	Feb_19_2020	198.07	205.59	211.15	212.23	211.59	210.74	211.78(0.57%)	UD	OpenLong	65	-0.1	15	-40	-17	109	0.9	54%	0.19	28.9	1.38%	0.6	0.9	65	1
3	Feb_18_2020	197.7	205.08	210.62	212.32	212.28	210.77	210.58(-0.59%)	N/A	N/A	0	-0.3	-28	-50	-73	109	0.8	54%	0.25	26	1.38%	-0.8	0.9	67	0.8
4	Feb_14_2020	197.21	204.86	209.5	212.1	212.96	212.43	211.84(-0.56%)	UD	OpenLong	65	-0	13	-10	-28	137	0.54	54%	0.17	26.8	1.38%	-1.3	1.1	70	0.9
5	Feb_13_2020	196.88	204.59	207.99	211.29	212.21	213.8	213.03(-0.41%)	UD	OpenLong	75	0.3	72	70	44	155	0.58	54%	0.17	24.5	1.38%	-0.6	1.4	65	0.6

6	Feb_12_2020	196.55	204.15	207.16	210.66	210.9	213.49	213.91(0.78%)	UT	OpenLong	75	0.6	154	90	140	196	0.68	54%	0.19	21.9	1.38%	0.9	1.7	60	1
7	Feb_11_2020	196.18	203.73	205.67	209.96	209.47	210.62	212.25(1.34%)	UT	OpenLong	75	0.4	130	30	113	181	0.59	54%	0.16	20.5	1.38%	1.3	1.6	62	0.1
8	Feb_10_2020	195.86	203.44	204.12	208.74	208.53	208.31	209.45(0.78%)	UT	OpenLong	75	0.1	52	-10	28	125	0.5	54%	0.17	16	1.38%	1.9	1.2	56	0.2
9	Feb_7_2020	195.52	203.19	202.61	206.47	207.96	208.32	207.82(-0.97%)	UD	OpenLong	75	0.3	57	30	48	82	0.95	54%	0.16	2.5	1.37%	-0.1	0.9	50	-0.1
10	Feb_6_2020	195.21	203.11	201.63	204.05	205.85	208.75	209.85(-0.28%)	UD	OpenLong	75	1.2	103	130	116	62	0.97	54%	0.16	-13.8	1.37%	1.3	1.4	50	0.2

11	Feb_5_2020	194.9	202.89	200.72	203.11	202.77	207.6	210.44(2.1%)	UT	OpenLong	75	1.6	181	160	214	83	0.95	54%	0.16	-19.4	1.37%	1.3	1.6	53	0.1
12	Feb_4_2020	194.58	202.89	199.45	200.82	201.54	202.94	206.12(4.03%)	UT	OpenLong	75	1.2	190	60	237	47	1.11	50%	0.14	-33.9	1.34%	1.3	0.8	48	-0.7
13	Feb_3_2020	194.3	202.63	198.93	198.96	199.93	197.93	198.13(1.25%)	DP	OpenShort	-75	-0.2	-78	-60	-65	-115	1.19	42%	0.09	-45.3	1.26%	-0.3	-1	39	-1.4
14	Jan_31_2020	194.13	203.07	199.75	198.14	199.24	200.14	195.69(-4.61%)	DT	OpenShort	-75	-0.6	-67	50	-55	-103	1.95	47%	0.07	-52.5	1.51%	-1.2	-1.7	41	-2.4
15	Jan_30_2020	193.99	203.79	200.93	198.65	198.86	201.92	205.15(3.08%)	RB	SmallLong	20	1.5	112	110	153	-13	2.17	53%	0.11	-47.9	1.55%	1.4	0.3	46	-0.4

16	Jan_29_2020	193.77	203.8	200.85	197.99	197.14	198.33	199.02(1.13%)	RB	SmallLong	20	0.2	73	30	112	-43	1.39	48%	0.09	-54.2	1.5%	1.1	-1.1	39	-0.7
17	Jan_28_2020	193.59	204.16	201.6	197.93	195.8	195.8	196.8(1.43%)	DP	OpenShort	-75	-0.3	-28	-30	-7	-92	1	48%	0.1	-57.9	1.51%	0	-1.7	36	-0.7