The best indicator for Parker Hannifin (PH)
We backtested 20 indicators across daily, weekly and hourly charts on real Parker Hannifin (PH) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Rate of Change
On the daily chart, this is the strongest risk-adjusted edge we found for Parker Hannifin (PH) over ~46.2 years — trailing buy-and-hold by 4.7% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Rate of Change ✓ | Daily | 8.9% | 0.51 | -42.9% | 43.6% | 754 | -4.7% |
| 2 | MACD ✓ | Daily | 8.8% | 0.5 | -56.5% | 41.5% | 446 | -4.9% |
| 3 | CCI ✓ | Weekly | 7.7% | 0.5 | -54.8% | 88.6% | 44 | -5.9% |
| 4 | Donchian Midline ✓ | Daily | 8.5% | 0.48 | -63.8% | 37.7% | 613 | -5.2% |
| 5 | MACD ✓ | Weekly | 7.7% | 0.46 | -39.5% | 50.6% | 83 | -5.9% |
| 6 | Stochastic ✓ | Weekly | 6.9% | 0.45 | -56.6% | 82.2% | 45 | -6.7% |
| 7 | EMA-10 Trend ✓ | Weekly | 7.3% | 0.43 | -45.7% | 49.1% | 216 | -6.3% |
| 8 | Donchian Midline ✓ | Weekly | 7.3% | 0.43 | -60.4% | 46.3% | 136 | -6.3% |
| 9 | RSI Trend (>50) ✓ | Weekly | 7.2% | 0.42 | -45.5% | 44.2% | 129 | -6.4% |
| 10 | EMA 20/50 Cross ✓ | Daily | 6.9% | 0.41 | -55.3% | 48.6% | 109 | -6.8% |
| 11 | Williams %R ✓ | Weekly | 6.3% | 0.41 | -55.4% | 72.1% | 61 | -7.3% |
| 12 | Heikin-Ashi Trend ✓ | Weekly | 6.7% | 0.41 | -41.4% | 51.1% | 425 | -6.9% |
| 13 | WaveTrend (8/6/4) ✓ | Weekly | 6.0% | 0.4 | -57.6% | 78.4% | 37 | -7.6% |
| 14 | RSI Trend (>50) ✓ | Daily | 6.2% | 0.39 | -59.4% | 41.2% | 636 | -7.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Parker Hannifin (PH), Rate of Change on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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