PARK NATIONAL CORP.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

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Type:	Stocks
Ticker:	PRK
ISIN:

PARK NATIONAL CORP. - Daily - Technical analysis published on 03/07/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 124.00 USD

My targets

136.63 USD (+3.51%)

147.20 USD (+11.52%)

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 124.00 USD. The buyers' bullish objective is set at 136.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 147.20 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Comment on the analysis

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.

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Additional analysis

Quotes

The PARK NATIONAL CORP. rating is 132.00 USD. The price registered a decrease of -0.42% on the session and was traded between 132.00 USD and 133.99 USD over the period. The price is currently at 0% from its lowest and -1.49% from its highest.

132.00

133.99

132.00

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

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of PARK NATIONAL CORP. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	110.11	117.93	124.00	132.00	136.63	147.20
Change (%)	-16.58%	-10.66%	-6.06%	-	+3.51%	+11.52%
Change	-21.89	-14.07	-8.00	-	+4.63	+15.20
Level	Major	Intermediate	Major	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	124.89	127.22	129.89	132.22	134.89	137.22	139.89
Camarilla	131.19	131.64	132.10	132.56	133.02	133.48	133.94
Woodie	125.06	127.31	130.06	132.31	135.06	137.31	140.06
Fibonacci	127.22	129.13	130.31	132.22	134.13	135.31	137.22

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	121.84	123.59	126.21	127.96	130.58	132.33	134.95
Camarilla	127.62	128.02	128.42	128.82	129.22	129.62	130.02
Woodie	122.27	123.81	126.64	128.18	131.01	132.55	135.38
Fibonacci	123.59	125.26	126.29	127.96	129.63	130.66	132.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	112.05	117.49	123.00	128.44	133.95	139.39	144.90
Camarilla	125.50	126.50	127.51	128.51	129.51	130.52	131.52
Woodie	112.09	117.51	123.04	128.46	133.99	139.41	144.94
Fibonacci	117.49	121.67	124.26	128.44	132.62	135.21	139.39

Numerical data

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

Technical indicators

Moving averages

RSI (14):	57.78
MACD (12,26,9):	0.7500
Directional Movement:	6.05
AROON (14):	21.43
DEMA (21):	130.41
Parabolic SAR (0,02-0,02-0,2):	124.16
Elder Ray (13):	3.03
Super Trend (3,10):	136.59
Zig ZAG (10):	132.44
VORTEX (21):	1.0700
Stochastique (14,3,5):	80.94
TEMA (21):	130.50
Williams %R (14):	-22.93
Chande Momentum Oscillator (20):	3.34
Repulse (5,40,3):	1.2900
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	2.97

MA7:	130.25
MA20:	129.09
MA50:	129.26
MA100:	119.95
MAexp7:	130.83
MAexp20:	129.51
MAexp50:	127.28
MAexp100:	121.87
Price / MA7:	+1.34%
Price / MA20:	+2.25%
Price / MA50:	+2.12%
Price / MA100:	+10.05%
Price / MAexp7:	+0.89%
Price / MAexp20:	+1.92%
Price / MAexp50:	+3.71%
Price / MAexp100:	+8.31%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on PARK NATIONAL CORP. at the time of the analysis were as follows:

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

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