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Parker-Hannifin Corporation (PH) Corporate Logo

Parker-Hannifin Corporation (PH) Stock Price & Analysis

Market: NYSE • Sector: Industrials • Industry: Industrial - Machinery

Parker-Hannifin Corporation (PH) Profile & Business Summary

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

Key Information

Ticker PH
Exchange NYSE
Official Site https://www.parker.com
CIK Number 0000076334
View SEC Filings

Market Trend Overview for PH

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-08-28 (ET)

As of 2026-08-28, PH is showing signs of slowing down. Over the longer term, the trend remains bullish.

PH last closed at 995.02. The price is about 0.9 ATR below its recent average price (1016.75), and the market is currently in a trend that may be losing strength. Price at 995.02 is near light support around 955.48. Momentum may slow, while minor resistance sits near 1000.72. View Support & Resistance from Options

The broader uptrend is still intact, but price has moved far from its recent average, increasing the risk of a pullback.

Trend Alignment Summary

Trend score: 55 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

A key downside risk boundary is near 953.65. If price falls below this area, the current structure would likely weaken further.

Recent Trend Signal

On 2026-08-20, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-08-28 (ET)
Next-session outlook for 2026-08-31 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because the signal stack remains conflicted and price is still close to a gamma transition zone. Predictability is 48%, agreement is 73%, and reversal risk is 22%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-08-28 (ET)

This estimate uses 1-minute price, volume, and VWAP data from the last 27 trading days, with turnover-based decay. The sample period is 2026-07-23 to 2026-08-28. The current price is 995.02, 2.65% below the estimated average cost of 1022.15. An estimated 26.5% of recent positioning is below the current price, while 72.9% is above it. The peak-density price is 1056.50. The largest concentrated cost region is 988.75 to 1003.75 and contains 21.6% of the estimated distribution. The current price is within the 988.75 to 1003.75 cost region. The nearest region below the current price is 976.25 to 986.25. The nearest region above the current price is 1005.25 to 1013.75.

Short Interest & Covering Risk for PH

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.82

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 1.23%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) -22.83%
20-Day Return 1.89%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is relatively low, indicating limited pressure from short positions. (Historical percentile: 22%)

Structure Analysis

PH Short positioning looks normal. Current days to cover is 2.7 trading days, meaning short positions would unwind somewhat slower than average. Short covering is likely to have a normal impact on price moves. No meaningful structural fragility is currently detected (Fragility Score 38/100, DTC percentile 93%) with short positioning continuing to expand and liquidity contracting meaningfully (volume -23%). Positioning is historically elevated, although price and liquidity conditions do not yet confirm structural fragility.

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Days-to-Cover is elevated versus its own history, but absolute short interest remains moderate. In the latest reporting period, short interest continues to increase. Average trading volume is weakening, indicating contracting liquidity. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. Rising short pressure is occurring while liquidity is deteriorating. As a result, similar news or market events could lead to price moves about 2× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-07-31 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

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