Chart pattern
PH chart pattern — Parker Hannifin
1 formation detected on the latest close (Nov 06, 2026).
Descending Channel · Weekly candles
BearishForming
Last close$917.79
Trigger$845.06 (-7.9%)
Upper boundary$976.14
Lower boundary$845.06
Pattern spanAug 07, 2026 → 13 bars
Touches7
Fit score93/100
A steady downtrend held between two parallel falling lines. Trigger: A close above the upper rail is the first real sign the downtrend is ending. A close below the lower rail is capitulation. Invalidation: A sustained close above the upper rail.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.