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Parker Hannifin Has Returned 15.0% Since SmarTrend Recommendation (PH)

By Amy Schwartz

SmarTrend identified a Downtrend for Parker Hannifin (NYSE:PH) on January 30th, 2018 at $204.11. In approximately 3 months, Parker Hannifin has returned 15.02% as of today's recent price of $173.45.

In the past 52 weeks, shares of Parker Hannifin have traded between a low of $99.10 and a high of $212.80 and are now at $173.45, which is 75% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

Parker-Hannifin Corporation manufactures motion control products, including fluid power systems, electromechanical controls, and related components. The Company also produces fluid purification, fluid flow, process instrumentation, air conditioning, refrigeration, and electromagnetic shielding and thermal management products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Parker Hannifin.

Log in and add Parker Hannifin (PH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights parker hannifin

Ticker(s): PH