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 07/23/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 156.22 USD

My targets

My analysis

PARK NATIONAL CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 156.22 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.9

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.

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 185.93 USD. The price registered an increase of +9.27% on the session with the lowest point at 168.22 USD and the highest point at 186.00 USD. The deviation from the price is +10.53% for the low point and -0.04% for the high point.

168.22

186.00

185.93

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.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by PARK NATIONAL CORP.:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of PARK NATIONAL CORP. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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

Near horizontal support

Type : Bullish

Timeframe : Daily

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

White line without lower shadow

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	123.19	135.60	146.10	185.93
Change (%)	-33.74%	-27.07%	-21.42%	-
Change	-62.74	-50.33	-39.83	-
Level	Major	Major	Intermediate	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	161.00	163.03	166.60	168.63	172.20	174.23	177.80
Camarilla	168.62	169.13	169.65	170.16	170.67	171.19	171.70
Woodie	161.76	163.42	167.36	169.02	172.96	174.62	178.56
Fibonacci	163.03	165.17	166.49	168.63	170.77	172.09	174.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	136.01	145.26	156.36	165.61	176.71	185.96	197.06
Camarilla	161.87	163.74	165.61	167.47	169.34	171.20	173.07
Woodie	136.95	145.72	157.30	166.07	177.65	186.42	198.00
Fibonacci	145.26	153.03	157.83	165.61	173.38	178.18	185.96

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	124.99	128.46	135.40	138.87	145.81	149.28	156.22
Camarilla	139.48	140.43	141.39	142.34	143.29	144.25	145.20
Woodie	126.73	129.33	137.14	139.74	147.55	150.15	157.96
Fibonacci	128.46	132.44	134.89	138.87	142.85	145.30	149.28

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):	80.97
MACD (12,26,9):	9.8000
Directional Movement:	52.75
AROON (14):	85.71
DEMA (21):	168.16
Parabolic SAR (0,02-0,02-0,2):	164.27
Elder Ray (13):	14.80
Super Trend (3,10):	158.11
Zig ZAG (10):	184.85
VORTEX (21):	1.2800
Stochastique (14,3,5):	87.64
TEMA (21):	175.05
Williams %R (14):	-0.03
Chande Momentum Oscillator (20):	45.18
Repulse (5,40,3):	16.5300
ROCnROLL:	1
TRIX (15,9):	0.6700
Courbe Coppock:	41.88

MA7:	170.08
MA20:	152.33
MA50:	143.14
MA100:	136.76
MAexp7:	169.84
MAexp20:	156.78
MAexp50:	146.20
MAexp100:	138.69
Price / MA7:	+9.32%
Price / MA20:	+22.06%
Price / MA50:	+29.89%
Price / MA100:	+35.95%
Price / MAexp7:	+9.47%
Price / MAexp20:	+18.59%
Price / MAexp50:	+27.18%
Price / MAexp100:	+34.06%

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.

About author

Londinia AI

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