PARSONS CORP (PSN) Technical Analysis
NYSE:PSN • US70202L1026
Current stock price
54.37 USD
-0.55 (-1%)
At close:
54.37 USD
0 (0%)
After Hours:
PSN Technical Rating and Analysis
Taking everything into account, PSN scores 1 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than PSN.
- PSN is part of the Professional Services industry. There are 86 other stocks in this industry, of which 60% are performing better than PSN.
- PSN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- PSN has an average volume of 1328060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PSN has a been trading in the 49.89 - 59.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSN Weekly and Daily overview Charts
PSN Setup Rating and Analysis
Although the technical rating is bad, PSN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
PSN Support and Resistance Analysis
53.83
72.64
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 54.59 to 55.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 56.09 to 56.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 58.01 to 59.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.75 from a trend line in the weekly time frame.
- Resistance @71.92 from a trend line in the weekly time frame.
PSN Technical Indicator Signal Analysis
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 | 12.82 | NEGATIVE | PSN has a low relative strength, it was outperformed by 87.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSN is below the rising 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) | DOWN | NEGATIVE | The current price of PSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.56 | NEUTRAL | The RSI value for PSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests PSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.72 | NEUTRAL | The Stochastics value for PSN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for PSN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for PSN suggests a weak or negative trend. |
PSN Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PSN Technicals: Chart, Performance Metrics, Trend & Indicators
54.37
-0.55 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1%
1 Week-2.91%
2 Weeks-3.34%
1 Month5.72%
3 Month-25.24%
6 Month-35.4%
12 Month-19.58%
2 Year-30.75%
3 Year24.99%
5 Year22.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.89
ATR(20)%3.58%
ATR Inc-9.56%
Range Today1.71
ADR(20)1.85
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.82
3 months CRS12.24
6 months CRS13.41
Mansfield-2.89
10 Day High59
10 Day Low54.08
20 Day High59
20 Day Low49.89
52 Week High89.5
52 Week Low49.38
CS1 EndN/A
CR1 Start54.59
Volume & EV
DER(3)-1.56%
DER(5)-1.11%
Volume866.90K
Volume Incr-18.9%
Vol(5)1.02M
Vol(50)1.33M
PARSONS CORP / PSN TA FAQ
What is the ChartMill technical rating of PARSONS CORP (PSN) stock?
ChartMill assigns a technical rating of 1 / 10 to PSN.
What is the current trend direction of PARSONS CORP (PSN) stock?
The current trend direction for PARSONS CORP (PSN) is Bearish.
What is the RSI signal for PARSONS CORP (PSN) stock?
PARSONS CORP (PSN) has an RSI value of 41.5584. This indicates that the stock is currently neutral.
What is the short term momentum for PSN stock?
The short term momentum for PARSONS CORP (PSN) is negative.
What is the support and resistance level for PSN stock?
PARSONS CORP (PSN) has a resistance level at 54.59. Check the full technical report for our detailed analysis of PSN support and resistance levels.