USA - New York Stock Exchange - NYSE:PSN - US70202L1026 - Common Stock
We assign a technical rating of 0 out of 10 to PSN. PSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PSN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
57.63
We found 1 important support area.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSN is down. |
| ChartMill Relative Strength | 10.5 | NEGATIVE | PSN has a low relative strength, it was outperformed by 89.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.25 | OVERSOLD | The low RSI value suggests PSN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.13 | NEGATIVE | The MACD value suggests PSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.52 | OVERSOLD | The low Stochastics value suggests PSN may be oversold. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for PSN suggests high volalility. |
| Average Directional Index/ADX (14) | 33.66 | POSITIVE | The high ADX value value for PSN suggests a strong trend. |
62.17
+0.79 (+1.29%)
ChartMill assigns a technical rating of 0 / 10 to PSN.
The current trend direction for PARSONS CORP (PSN) is Bearish.
PARSONS CORP (PSN) has an RSI value of 27.2524. This indicates that the stock is currently oversold.
The short term momentum for PARSONS CORP (PSN) is negative.
The buy/sell signal for PARSONS CORP (PSN) is sell as both the short term and long term trends are negative.