Is Parker-Hannifin Corp. technically bullish or bearish?
As of June 20, 2025, Parker-Hannifin Corp. shows a mildly bearish trend due to daily moving averages, despite mixed signals from weekly and monthly MACD and KST indicators.
As of 20 June 2025, the technical trend for Parker-Hannifin Corp. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. Additionally, the weekly KST is bullish while the monthly KST is mildly bearish, further contributing to the overall bearish sentiment. The Bollinger Bands show a bullish stance on the weekly but mildly bullish on the monthly, indicating some upward pressure. Overall, the strength of the bearish trend is supported by the daily moving averages and the mixed signals from other indicators.
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