Parker-Hannifin (PH) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PH · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$992.65last close · Aug 4, 202652-week range $692.02 – $1,034.96 · 4.09% below the high

PH Triangle Pattern

PH is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $1,060.03 (+7.2%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; PH's own triangles have hit 71.4%.

DirectionBullishTarget$1,060.03Projected move+7.2%Breakout level$992.50

New to this pattern? What a triangle is and how to trade it →

PH's Most Recent Falling Wedge Trade

PH's most recent completed falling wedge (which broke against type) resolved as a loss: it broke down on Jun 1, 2026 near $840.20, then was stopped out at $882.34 on Jun 5, 2026 — a -1.06R move (5.0%) over 4 sessions. Across 166 backtested falling wedges, this setup wins 54.2% of the time.

OutcomeLossResult-1.06REntry$840.20Exit$882.34

Learn about falling wedge

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
PH win rate
71.4%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

PH Pattern Trade History

Every completed pattern trade our nightly backtest found on PH's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJun 1, 2026 @ $840.20Jun 5, 2026 @ $882.34Loss-1.06R
Rising WedgeJan 13, 2026 @ $937.62Feb 27, 2026 @ $1,009.18Win+0.95R
Rising WedgeSep 16, 2025 @ $759.24Nov 6, 2025 @ $834.15Loss-3.65R
Rising WedgeJul 30, 2025 @ $732.21Aug 12, 2025 @ $752.04Loss-1.51R
Bullish PennantJun 24, 2025 @ $675.55Jul 15, 2025 @ $708.64Win+1.14R
Rising WedgeOct 2, 2024 @ $627.56Oct 14, 2024 @ $643.53Loss-1.30R
Falling WedgeJul 10, 2024 @ $516.92Jul 24, 2024 @ $529.26Win+0.61R
Rising WedgeJul 21, 2023 @ $402.41Jul 31, 2023 @ $410.01Loss-1.05R
Falling WedgeJun 2, 2023 @ $333.75Jul 6, 2023 @ $378.96Win+3.09R
TriangleApr 27, 2023 @ $322.23Jul 6, 2023 @ $378.96Win+4.60R
TriangleJul 18, 2022 @ $251.99Aug 19, 2022 @ $295.76Win+3.27R
Falling WedgeJun 15, 2022 @ $251.35Jul 29, 2022 @ $289.09Loss-1.15R

PH Support and Resistance Levels

Price found a floor near $867.54 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $1,284.11 — still about 29% away.

  • Traders commonly watch $1,284.11 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $867.54 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $978.01, resistance near $993.81. These are chart/swing-derived levels, not formula pivots.

Resistance
$993.81$1,035.05$1,036.88$1,284.11$1,395.19
Support
$978.01$849.56$822.16$815.01$697.22

PH Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$1,004.21$1,005.75$974.04$992.65
Aug 3, 2026$976.89$998.04$972.49$997.52
Jul 31, 2026$971.04$980.44$959.92$976.53
Jul 30, 2026$961.93$968.04$946.07$962.79
Jul 29, 2026$984.93$984.93$942.32$951.07
Jul 28, 2026$995.07$998.00$976.73$990.96
Jul 27, 2026$991.57$998.97$975.49$987.31
Jul 24, 2026$989.20$1,000.72$977.15$987.54
Jul 23, 2026$963.60$986.28$963.44$985.48
Jul 22, 2026$967.99$975.00$962.80$970.77

PH Frequently Asked Questions

What chart pattern is PH forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Parker-Hannifin (PH) on the daily chart, with a measured-move target of $1,060.03.
Is a triangle bullish or bearish?
The triangle detected on PH is a bullish pattern, projecting a measured-move target of $1,060.03. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for PH?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PH's nearest support is around $978.01 and nearest resistance around $993.81.
What is the price target if PH's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $1,060.03 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PH's closing price on Aug 4, 2026?
Parker-Hannifin (PH) last closed at $992.65 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.