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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 11/11/2024 (GMT)

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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
89%
6%
6%
My opinion
Bullish above 187.34 USD
My targets
209.02 USD (+5.26%)
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 187.34 USD. The next resistance located at 209.02 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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
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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The PARK NATIONAL CORP. price is 198.58 USD. The price registered an increase of +3.65% on the session and was traded between 194.18 USD and 199.56 USD over the period. The price is currently at +2.27% from its lowest and -0.49% from its highest.

194.18
199.56
198.58

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

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:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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. 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 market scanner currently does not detect any result that concerns moving averages.

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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily



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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 145.15 160.00 187.34 198.58
Change (%) -26.91% -19.43% -5.66% -
Change -53.43 -38.58 -11.24 -
Level Intermediate Major 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
Standard183.73186.20188.89191.36194.05196.52199.21
Camarilla190.16190.63191.11191.58192.05192.53193.00
Woodie183.84186.26189.00191.42194.16196.58199.32
Fibonacci186.20188.17189.39191.36193.33194.55196.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard131.26149.69170.64189.07210.02228.45249.40
Camarilla180.75184.36187.97191.58195.19198.80202.41
Woodie132.51150.32171.89189.70211.27229.08250.65
Fibonacci149.69164.74174.03189.07204.12213.41228.45


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard135.34147.03159.90171.59184.46196.15209.02
Camarilla166.03168.28170.53172.78175.03177.28179.53
Woodie135.94147.33160.50171.89185.06196.45209.62
Fibonacci147.03156.41162.21171.59180.97186.77196.15

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): 64.62
MACD (12,26,9): 6.3200
Directional Movement: 32.15
AROON (14): 57.14
DEMA (21): 187.24
Parabolic SAR (0,02-0,02-0,2): 170.45
Elder Ray (13): 13.09
Super Trend (3,10): 172.56
Zig ZAG (10): 199.04
VORTEX (21): 1.0500
Stochastique (14,3,5): 67.59
TEMA (21): 191.78
Williams %R (14): -20.75
Chande Momentum Oscillator (20): 28.15
Repulse (5,40,3): 3.8800
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 18.49
MA7: 186.69
MA20: 178.14
MA50: 171.84
MA100: 166.00
MAexp7: 189.22
MAexp20: 180.15
MAexp50: 173.17
MAexp100: 165.12
Price / MA7: +6.37%
Price / MA20: +11.47%
Price / MA50: +15.56%
Price / MA100: +19.63%
Price / MAexp7: +4.95%
Price / MAexp20: +10.23%
Price / MAexp50: +14.67%
Price / MAexp100: +20.26%

Quotes : - 15 min delayed data - 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:

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

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