PARK NATIONAL CORP.
PARK NATIONAL CORP.
- USD (-)
- 15 min delayed data - NYSE MKT Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PRK
ISIN:

PARK NATIONAL CORP. - Daily - Technical analysis published on 07/20/2022 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 121.24 USD
My targets
128.77 USD (+3.91%)
137.07 USD (+10.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PARK NATIONAL CORP. as long as the price remains well above 121.24 USD. The buyers' bullish objective is set at 128.77 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 137.07 USD. If there is any crossing, the next objective would be the resistance located at 144.80 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

PARK NATIONAL CORP. rating 123.92 USD. The price is lower by -0.06% since the last closing with the lowest point at 123.30 USD and the highest point at 124.38 USD. The deviation from the price is +0.50% for the low point and -0.37% for the high point.

123.30
124.38
123.92

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by PARK NATIONAL CORP.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PARK NATIONAL CORP. in Daily shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 113.45 116.95 121.24 123.92 124.33 128.77 137.07
Change (%) -8.45% -5.62% -2.16% - +0.33% +3.91% +10.61%
Change -10.47 -6.97 -2.68 - +0.41 +4.85 +13.15
Level Intermediate Intermediate Major - Intermediate Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard120.04120.84122.41123.21124.78125.58127.15
Camarilla123.34123.56123.77123.99124.21124.43124.64
Woodie120.44121.03122.81123.40125.18125.77127.55
Fibonacci120.84121.74122.30123.21124.11124.67125.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard111.54113.74117.08119.28122.62124.82128.16
Camarilla118.91119.41119.92120.43120.94121.45121.95
Woodie112.12114.03117.66119.57123.20125.11128.74
Fibonacci113.74115.85117.16119.28121.39122.70124.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard105.27109.96115.61120.30125.95130.64136.29
Camarilla118.41119.35120.30121.25122.20123.15124.09
Woodie105.74110.20116.08120.54126.42130.88136.76
Fibonacci109.96113.91116.35120.30124.25126.69130.64

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 57.73
MACD (12,26,9): 0.4100
Directional Movement: 4.30
AROON (14): 85.71
DEMA (21): 121.16
Parabolic SAR (0,02-0,02-0,2): 116.09
Elder Ray (13): 2.86
Super Trend (3,10): 115.55
Zig ZAG (10): 123.51
VORTEX (21): 1.0200
Stochastique (14,3,5): 83.37
TEMA (21): 121.66
Williams %R (14): -8.81
Chande Momentum Oscillator (20): 2.41
Repulse (5,40,3): 0.7600
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.28
MA7: 120.53
MA20: 120.67
MA50: 119.82
MA100: 123.64
MAexp7: 121.64
MAexp20: 120.73
MAexp50: 121.00
MAexp100: 122.92
Price / MA7: +2.81%
Price / MA20: +2.69%
Price / MA50: +3.42%
Price / MA100: +0.23%
Price / MAexp7: +1.87%
Price / MAexp20: +2.64%
Price / MAexp50: +2.41%
Price / MAexp100: +0.81%

Quotes : - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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