| Below - Illustration from Chapter 6: Recently there have not been any particularly significant signals. A signal from the "Wilder's 7 Day RSI Signals at 80 and 20", was flagged on Tuesday, October 19, 2010. This value of the indicator is generally interpreted as a sell signal. |
 Summary of Recent Reports:No commentary available from weekend report. |
Table of Contents
Volume I: PH Classical Analysis:
Chapter 1:
An introductory chapter looks at the price history of PH by applying Classical Time Series Analysis. Some of the patterns seen here will prove to be important in further analysis. See PH Classical Analysis.
Chapter 2:
Risks associated with short and long period price changes can be understood through Volatility Analysis. Here the impact of the Volatility Curve on the potential profitability positions across different time spans is shown. See PH Volatility Risk.
Chapter 3:
Changes in Daily Volume are tracked in time here. Time Series Analysis demonstrates Trends and Cyclical Patterns in the number of shares transacted. See PH Historical Volume.
Chapter 4:
A look at Traditional Seasonal Analysis of Parker-Hannifin Corporation Historical Prices identifies the best and worst months to be invested. See PH Calendar Year Trends.
Chapter 5:
One of the most popular indicators, the Moving Average, comes in many variations. Here we test the predictive ability of different averages as applied to prediction of Parker-Hannifin Corporation prices. See Average Indicators.
Volume II: Modern Technical Analysis:
Chapter 6:
Some say that modern analysis began with the successful identification of technical oscillators such as the highly effective Wilder RSI. See Technical Oscillators.
Chapter 7:
This chapter takes a view somewhat similar to standard analysis of seasonal trends, but it is based on the 4 year or 2 year Political Calendar rather than the 1 year Standard Calendar. Political Seasons work better than Calendar Seasons for predicting prices of many companies. See Politics and Prices of PH.
Chapter 8:
A sophisticated method associates price levels with historical volumes. Such semi-abstract concepts as Support and Resistance may then be defined with mathematical precision. See Volumetric Analysis.
Chapter 9:
A view of Momentum Analysis that takes Volume into account as well as Price. See Momentum Investing Indicators.
Chapter 10:
The mood of the market toward Parker-Hannifin Corporation show up in the Daily Closing Altitude and other Sentiment Indicators. See Market Sentiment.
Section 11:
This section visualizes mappings based on the number of consecutive price movements in a particular direction. A discussion of the "Monte Carlo Fallacy" and it's relevance to Stock Price Prediction leads to a revisionist method of Price Projection using the Bernoulli Analysis. See Bernoulli Run Analysis.
Chapter 12:
Japanese Candlesticks have a long history, but continue to be used because some of their best concepts are based on universal Investor Psychology. See Japanese Candlesticks.
Volume III: Advanced Visualization and Prediction:
Chapter 13:
Ordinary analysis does not show the features of the behavioral history underneath the price volume line. Here multi-spectral analysis brings the hidden features to the surface. See Support and Resistance.
Chapter 14:
Combining the historical behavior surfaces with the geometry of long standing periodic price oscillations yields a behavior surface of more than three dimensions which has an extremely low residual error compared to other methods of analysis. See Price Behavior Surfaces.
Chapter 15:
Frequency Analysis and Waveform Characterization are applied to the historical prices of Parker-Hannifin Corporation in this chapter. See Frequency and Waveform Analysis.
Chapter 16:
Forecasts are gathered from several sources to predict future price movements. See PH Price Predictions.
Volume IV: Final Results and Trading Strategy:
Chapter 17:
The results of various trading strategies carried out over 10 years are evaluated here for PH. The results of "buy and hold", "buy the dips", and other strategies are compared, as well as sliding stop settings. See Single Company Strategies.
Chapter 18:
The trading policies that work well when applied to speculation in any one companies stock may fall short when applied to the more usual situation where a person is speculating on a basket or portfolio of companies. Here we find the best muti-company portfolio trading policies. See PH Multi-Company Strategies .
Appendix A:
The statistical abstract for Parker-Hannifin Corporation gathers the most relevant analysis into a single chapter. See PH Final Results . |
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