Parker-Hannifin (PH, $418.83) Moving Average Convergence Divergence (MACD) Histogram turned positive on August 30, 2023

A.I.dvisor
at Tickeron.com
08/31/23
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PH - Parker-Hannifin Corp
MACD signal
Bullish Trend
81%
Odds of UP Trend
MACD signal
Price: $418.83
Daily change: +$2.33 (+0.56%)
Daily volume: 545.7K
Industry: Industrial Machinery
This is a Bullish indicator signaling PH's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 42 similar cases where PH's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:
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A.I. Advisor
published General Information

General Information

a manufacturer of motion and control technologies and systems

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Industrial Machinery
Address
6035 Parkland Boulevard
Phone
+1 216 896-3000
Employees
62730
Web
http://www.phstock.com
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PH and

Correlation & Price change

A.I.dvisor indicates that over the last year, PH has been closely correlated with IR. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if PH jumps, then IR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PH
1D Price
Change %
PH100%
-0.74%
IR - PH
86%
Closely correlated
-0.86%
ITT - PH
82%
Closely correlated
-0.94%
DOV - PH
78%
Closely correlated
-0.84%
ETN - PH
77%
Closely correlated
-1.04%
OTIS - PH
76%
Closely correlated
-0.20%
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