PARK NATIONAL CORP. - Daily - Technical analysis published on 04/11/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 132.28 USD
My targets
117.93 USD (-5.35%)
110.11 USD (-11.63%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on PARK NATIONAL CORP. as long as the price remains well below 132.28 USD. The next bearish objective for sellers is set at 117.93 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 110.11 USD. In case of crossing, the next objective would be the support located at 91.21 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.5
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:
Additional analysis
Quotes
The PARK NATIONAL CORP. rating is 124.60 USD. The price is lower by -0.42% since the last closing and was traded between 124.12 USD and 125.55 USD over the period. The price is currently at +0.39% from its lowest and -0.76% from its highest.124.12
125.55
124.60
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PARK NATIONAL CORP. chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 110.11 | 117.93 | 124.00 | 124.60 | 132.28 | 136.63 | 147.20 |
| Change (%) | -11.63% | -5.35% | -0.48% | - | +6.16% | +9.65% | +18.14% |
| Change | -14.49 | -6.67 | -0.60 | - | +7.68 | +12.03 | +22.60 |
| Level | Major | Major | Major | - | Minor | 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 | 117.85 | 121.34 | 123.23 | 126.72 | 128.61 | 132.10 | 133.99 |
| Camarilla | 123.64 | 124.13 | 124.63 | 125.12 | 125.61 | 126.11 | 126.60 |
| Woodie | 117.05 | 120.94 | 122.43 | 126.32 | 127.81 | 131.70 | 133.19 |
| Fibonacci | 121.34 | 123.40 | 124.67 | 126.72 | 128.78 | 130.05 | 132.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.60 | 122.48 | 126.22 | 131.10 | 134.84 | 139.72 | 143.46 |
| Camarilla | 127.59 | 128.38 | 129.17 | 129.96 | 130.75 | 131.54 | 132.33 |
| Woodie | 117.03 | 122.20 | 125.65 | 130.82 | 134.27 | 139.44 | 142.89 |
| Fibonacci | 122.48 | 125.77 | 127.81 | 131.10 | 134.39 | 136.43 | 139.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 117.47 | 121.41 | 128.63 | 132.57 | 139.79 | 143.73 | 150.95 |
| Camarilla | 132.78 | 133.80 | 134.83 | 135.85 | 136.87 | 137.90 | 138.92 |
| Woodie | 119.11 | 122.23 | 130.27 | 133.39 | 141.43 | 144.55 | 152.59 |
| Fibonacci | 121.41 | 125.67 | 128.31 | 132.57 | 136.83 | 139.47 | 143.73 |
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): | 39.92 | |
| MACD (12,26,9): | -0.4700 | |
| Directional Movement: | -10.60 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 129.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 136.28 | |
| Elder Ray (13): | -4.68 | |
| Super Trend (3,10): | 134.48 | |
| Zig ZAG (10): | 124.60 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 24.78 | |
| TEMA (21): | 128.63 | |
| Williams %R (14): | -96.13 | |
| Chande Momentum Oscillator (20): | -6.54 | |
| Repulse (5,40,3): | -3.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.40 |
| MA7: | 129.11 | |
| MA20: | 130.07 | |
| MA50: | 129.52 | |
| MA100: | 127.19 | |
| MAexp7: | 128.58 | |
| MAexp20: | 129.83 | |
| MAexp50: | 129.09 | |
| MAexp100: | 124.98 | |
| Price / MA7: | -3.49% | |
| Price / MA20: | -4.21% | |
| Price / MA50: | -3.80% | |
| Price / MA100: | -2.04% | |
| Price / MAexp7: | -3.10% | |
| Price / MAexp20: | -4.03% | |
| Price / MAexp50: | -3.48% | |
| Price / MAexp100: | -0.30% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
Don't forget to follow the news on PARK NATIONAL CORP.. At the time of publication of this analysis, the latest news was as follows:
- Park National Set to Join S&P SmallCap 600
-
Park National
- Park National Corporation reports financial results for fourth quarter and full year 2016
-
Park National
- Park National Corporation Reports Financial Results for Third Quarter and First Nine Months of 2016
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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