October 30, 2024, 06:20 am ET, BY Rick O. - Contributor |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PH
- Buy PH near 616.14 target 656.61 stop loss @ 614.36 Details
The technical summary data tells us to buy PH near 616.14 with an upside target of 656.61. This data also tells us to set a stop loss @ 614.36 to protect against excessive loss in case the stock begins to move against the trade. 616.14 is the first level of support below 625.11 , and by rule, any test of support is a buy signal. In this case, support 616.14 is being tested, a buy signal would exist.
- Short PH slightly under 656.61, target 616.14, stop loss @ 658.51 Details
The technical summary data is suggesting a short of PH as it gets near 656.61 with a downside target of 616.14. We should have a stop loss in place at 658.51though. 656.61 is the first level of resistance above 625.11, and by rule, any test of resistance is a short signal. In this case, if resistance 656.61 is being tested, a short signal would exist.
Swing Trading Plans for PH
- Buy PH slightly over 656.61, target n/a, Stop Loss @ 654.71 Details
If 656.61 begins to break higher, the technical summary data tells us to buy PH just slightly over 656.61, with an upside target of n/a. The data also tells us to set a stop loss @ 654.71 in case the stock turns against the trade. 656.61 is the first level of resistance above 625.11, and by rule, any break above resistance is a buy signal. In this case, 656.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PH slightly near 656.61, target 624.11, Stop Loss @ 658.51. Details
The technical summary data is suggesting a short of PH if it tests 656.61 with a downside target of 624.11. We should have a stop loss in place at 658.51 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 656.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for PH
- Buy PH slightly over 656.61, target n/a, Stop Loss @ 655.08 Details
If 656.61 begins to break higher, the technical summary data tells us to buy PH just slightly over 656.61, with an upside target of n/a. The data also tells us to set a stop loss @ 655.08 in case the stock turns against the trade. 656.61 is the first level of resistance above 625.11, and by rule, any break above resistance is a buy signal. In this case, 656.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PH slightly near 656.61, target 624.64, Stop Loss @ 658.14. Details
The technical summary data is suggesting a short of PH if it tests 656.61 with a downside target of 624.64. We should have a stop loss in place at 658.14 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 656.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Parker-hannifin Corporation (PH) available here: PH.
PH Ratings for October 30:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Strong |
P1 |
0 |
0 |
572 |
P2 |
618.87 |
616 |
616.14 |
P3 |
624.64 |
624.11 |
656.61 |
AI Generated Signals for PH
Blue = Current Price
Red = Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:
Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
Fundamental Charts for PH: