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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 08/21/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 156.01 USD
My targets
171.46 USD (+5.74%)
187.34 USD (+15.53%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 156.01 USD remains possible. It is advisable to trade PARK NATIONAL CORP. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 156.01 USD. The next bullish objective for buyers is set at 171.46 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 187.34 USD. PS: if there is a bearish break in the support located at 156.01 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

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
0
10
4.1

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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1H Weekly

Additional analysis

Quotes

The PARK NATIONAL CORP. price is 162.16 USD. The price is lower by -0.42% since the last closing and was traded between 162.09 USD and 164.77 USD over the period. The price is currently at +0.04% from its lowest and -1.58% from its highest.

162.09
164.77
162.16

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


A technical analysis in Daily of this PARK NATIONAL CORP. chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

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:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 138.85 145.15 156.01 162.16 171.46 187.34
Change (%) -14.37% -10.49% -3.79% - +5.74% +15.53%
Change -23.31 -17.01 -6.15 - +9.30 +25.18
Level Major Intermediate Intermediate - Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard160.59161.38162.12162.91163.65164.44165.18
Camarilla162.43162.57162.71162.85162.99163.13163.27
Woodie160.56161.37162.09162.90163.62164.43165.15
Fibonacci161.38161.97162.33162.91163.50163.86164.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard146.52150.70157.68161.86168.84173.02180.00
Camarilla161.59162.61163.64164.66165.68166.71167.73
Woodie147.92151.40159.08162.56170.24173.72181.40
Fibonacci150.70154.96157.60161.86166.12168.76173.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.16117.60146.71168.15197.26218.70247.81
Camarilla161.91166.54171.18175.81180.44185.08189.71
Woodie99.99119.52150.54170.07201.09220.62251.64
Fibonacci117.60136.91148.84168.15187.46199.39218.70

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): 51.34
MACD (12,26,9): 0.9300
Directional Movement: 9.45
AROON (14): -14.29
DEMA (21): 164.48
Parabolic SAR (0,02-0,02-0,2): 165.98
Elder Ray (13): 0.87
Super Trend (3,10): 174.03
Zig ZAG (10): 162.33
VORTEX (21): 0.9100
Stochastique (14,3,5): 54.15
TEMA (21): 161.17
Williams %R (14): -26.56
Chande Momentum Oscillator (20): 4.64
Repulse (5,40,3): -0.7500
ROCnROLL: -1
TRIX (15,9): 0.1600
Courbe Coppock: 11.83
MA7: 161.90
MA20: 165.70
MA50: 154.79
MA100: 143.73
MAexp7: 162.41
MAexp20: 162.50
MAexp50: 156.41
MAexp100: 147.13
Price / MA7: +0.16%
Price / MA20: -2.14%
Price / MA50: +4.76%
Price / MA100: +12.82%
Price / MAexp7: -0.15%
Price / MAexp20: -0.21%
Price / MAexp50: +3.68%
Price / MAexp100: +10.22%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News


The last news published on PARK NATIONAL CORP. at the time of the generation of this analysis was as follows:

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

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