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Takip Edin: @UscMarketsPH Stock Forecast & Parker-Hannifin Corporation Chart Analysis
This article provides a detailed analysis of PH-Parker-Hannifin Corporation stock including a forecast for PH shares. It features Parker-Hannifin Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
PH Historical Data Review
PH Current Price Performance Analysis
The Parker-Hannifin Corporation - PH stock traded on the American stock market, on 06-05-2024, closed at 523.2$ with a %2.10 increased compared to the previous day.
In the last month, the price of PH changed by %-5.01 decreased in value, from 550.79 dollars on 05-06-2024 to 523.2 dollars, decreased.
Last year, the price of PH was 346.58 dollars on 06-06-2023, and changed by %50.96 increased in value, to 523.2 dollars increased within a year.
The price of Parker-Hannifin Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
PH with AI Stock Forecast & Price Target
On the PH chart Parker-Hannifin Corporation price was recorded as 523.2 Dollars on 06/05/2024.
The artificial intelligence's forecast on PH stock is as follows.
The artificial intelligence's prediction error margin for PH stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Parker-Hannifin Corporation stock over the next 4 months is: 577.5 Dollars.
The commentary on PH stock Target Price: Highest: 632.856 Dollars is predicted.
The commentary on PH stock Target Price: Lowest: 527.831 Dollars is predicted.
Resistance Price where Parker-Hannifin Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 552.571 |
| 07-30-2024 | 548.376 |
| 10-08-2024 | 562.215 |
| 12-12-2024 | 615.408 |
| 01-01-2025 | 617.848 |
| 01-21-2025 | 616.068 |
| 03-12-2025 | 603.831 |
Support Price where Parker-Hannifin Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 547.618 |
| 09-03-2024 | 527.831 |
| 11-07-2024 | 551.797 |
| 12-17-2024 | 614.585 |
| 01-06-2025 | 614.703 |
| 02-25-2025 | 599.657 |
| 03-17-2025 | 602.003 |
The commentary on PH stock: The target price can generally be said to be on the rise.
The commentary on PH stock: Fluctuations in the target price can be expected in the coming days.
The target price for Parker-Hannifin Corporation stock by the end of 2024 is predicted to be 616.085 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on PH stock, and the 2024 target price predictions for Parker-Hannifin Corporation are detailed above.
The technical analysis and charts for the commentary on PH stock are below.
PH Support & Resistance and Trend Analysis
PH stock you have reviewed the technical analysis support resistance charts regarding.
PH : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the PH review, the Parker-Hannifin Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Parker-Hannifin Corporation Support and Resistance Prices:
| PH Support Level Price | PH Resistance Level Price |
|---|---|
| 426.49 | 443.91 |
| 449.39 | 465.83 |
| 463.16 | 521.50 |
| 515.82 | 544.99 |
| 526.04 | 561.13 |
| 528.00 | 568.81 |
| 545.14 | 570.15 |
PH Technical Analysis: SMA, RSI, MACD
Upon reviewing the PH chart, buy and sell signals have been generated in the Parker-Hannifin Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for PH stock are as follows:- PH technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Parker-Hannifin Corporation gave a 'Buy' signal when the RSI was at 28.977, with the current RSI value at 33.617.
- The technical analysis for Parker-Hannifin Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Parker-Hannifin Corporation stock: Click here to read more predictions on British American Tobacco stock.
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