August 21, 2025 a 02:04 pm
PH: Trend and Support & Resistance Analysis - Parker-Hannifin Corporation
The Parker-Hannifin Corporation, operating in the motion and control technology sectors, shows a noticeable upward trend based on recent data. The calculated moving averages suggest a bullish market sentiment, complemented by key support levels that bolster investor confidence. While opportunities appear favorable, market participants should remain vigilant for any shifts in these technical indicators.
Trend Analysis
Based on the latest daily closing prices, the calculated EMA20 and EMA50 indicate a short-term upward trend in Parker-Hannifin Corporation's stock.
| Date | Closing Price | Trend |
|---|---|---|
| 2025-08-21 | 735.94 | ▲ Uptrend |
| 2025-08-20 | 742.97 | ▲ Uptrend |
| 2025-08-19 | 744.23 | ▲ Uptrend |
| 2025-08-18 | 736.20 | ▲ Uptrend |
| 2025-08-15 | 729.96 | ▲ Uptrend |
| 2025-08-14 | 745.34 | ▲ Uptrend |
| 2025-08-13 | 762.05 | ▲ Uptrend |
The recent prices suggest a continuation of the bullish trend, supported by consistent higher highs in recent sessions.
Support and Resistance
Analyzing the stock's recent performance, notable support and resistance zones have been identified.
| Zone | From | To |
|---|---|---|
| Support Zone 1 | 711.22 | 721.12 |
| Support Zone 2 | 739.06 | 745.34 |
| Resistance Zone 1 | 744.23 | 762.05 |
| Resistance Zone 2 | 789.00 | 800.00 |
The current trading position suggests it is within the higher calculated resistance zone, which could indicate a testing phase before potential breakout.
Conclusion
The Parker-Hannifin Corporation's stock displays a strong upward momentum evident from the bullish EMA indicators and consistent price increases. The identified support zones offer a safety net for investors, while resistance levels test the stock's upward limits. However, caution is advised due to possible market volatility and potential resistance breakouts. Investors may find this an opportune moment, but should stay attentive to the macroeconomic factors impacting the sector.