PARK NATIONAL CORP. - Daily - Technical analysis published on 10/31/2024 (GMT)
- 108
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 169.90 USD
My targets
181.32 USD (+2.84%)
187.34 USD (+6.26%)
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 169.90 USD. The next resistance located at 181.32 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 187.34 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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
PARK NATIONAL CORP. rating 176.31 USD. On the day, this instrument lost -0.03% and was traded between 175.48 USD and 176.84 USD over the period. The price is currently at +0.47% from its lowest and -0.30% from its highest.175.48
176.84
176.31
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PARK NATIONAL CORP. chart shows a strongly bullish trend. 92.86% 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.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 145.15 | 156.01 | 175.92 | 176.31 | 181.32 | 187.34 |
Change (%) | -17.67% | -11.51% | -0.22% | - | +2.84% | +6.26% |
Change | -31.16 | -20.30 | -0.39 | - | +5.01 | +11.03 |
Level | Intermediate | Intermediate | Intermediate | - | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 166.08 | 170.90 | 173.63 | 178.45 | 181.18 | 186.00 | 188.73 |
Camarilla | 174.28 | 174.98 | 175.67 | 176.36 | 177.05 | 177.74 | 178.44 |
Woodie | 165.04 | 170.38 | 172.59 | 177.93 | 180.14 | 185.48 | 187.69 |
Fibonacci | 170.90 | 173.78 | 175.57 | 178.45 | 181.33 | 183.12 | 186.00 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 153.42 | 159.81 | 163.22 | 169.61 | 173.02 | 179.41 | 182.82 |
Camarilla | 163.93 | 164.82 | 165.72 | 166.62 | 167.52 | 168.42 | 169.32 |
Woodie | 151.92 | 159.07 | 161.72 | 168.87 | 171.52 | 178.67 | 181.32 |
Fibonacci | 159.81 | 163.56 | 165.87 | 169.61 | 173.36 | 175.67 | 179.41 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 137.26 | 148.78 | 158.38 | 169.90 | 179.50 | 191.02 | 200.62 |
Camarilla | 162.17 | 164.11 | 166.04 | 167.98 | 169.92 | 171.85 | 173.79 |
Woodie | 136.30 | 148.30 | 157.42 | 169.42 | 178.54 | 190.54 | 199.66 |
Fibonacci | 148.78 | 156.85 | 161.83 | 169.90 | 177.97 | 182.95 | 191.02 |
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): | 56.95 | |
MACD (12,26,9): | 1.9600 | |
Directional Movement: | 13.62 | |
AROON (14): | 92.86 | |
DEMA (21): | 174.23 | |
Parabolic SAR (0,02-0,02-0,2): | 167.16 | |
Elder Ray (13): | 3.15 | |
Super Trend (3,10): | 165.00 | |
Zig ZAG (10): | 176.31 | |
VORTEX (21): | 1.1000 | |
Stochastique (14,3,5): | 70.92 | |
TEMA (21): | 175.28 | |
Williams %R (14): | -40.80 | |
Chande Momentum Oscillator (20): | 2.68 | |
Repulse (5,40,3): | 0.9100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1100 | |
Courbe Coppock: | 7.66 |
MA7: | 173.23 | |
MA20: | 171.00 | |
MA50: | 170.01 | |
MA100: | 162.42 | |
MAexp7: | 174.41 | |
MAexp20: | 171.93 | |
MAexp50: | 168.69 | |
MAexp100: | 161.84 | |
Price / MA7: | +1.78% | |
Price / MA20: | +3.11% | |
Price / MA50: | +3.71% | |
Price / MA100: | +8.55% | |
Price / MAexp7: | +1.09% | |
Price / MAexp20: | +2.55% | |
Price / MAexp50: | +4.52% | |
Price / MAexp100: | +8.94% |
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:
- 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
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…
Add a comment
Comments
0 comments on the analysis PARK NATIONAL CORP. - Daily