PARSONS CORP (PSN) Technical Analysis
NYSE:PSN • US70202L1026
Current stock price
54.95 USD
-1.86 (-3.27%)
At close:
55.36 USD
+0.41 (+0.75%)
After Hours:
PSN Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PSN is a bad performer in the overall market: 76% of all stocks are doing better.
- PSN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PSN is lagging the market.
- In the last month PSN has a been trading in the 54.64 - 67.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PSN is part of the Professional Services industry. There are 87 other stocks in this industry. PSN outperforms 73% of them.
- PSN has an average volume of 1243830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PSN Weekly and Daily overview Charts
PSN Setup Rating and Analysis
The technical rating of PSN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PSN Support and Resistance Analysis
54.40
75.89
2 important resistance areas can be observed.
- A resistance zone ranging from 65.42 to 66.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @75.14 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 | 24.26 | NEGATIVE | PSN has a low relative strength, it was outperformed by 75.74% 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) | DOWN | NEGATIVE | The current price of PSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.05 | OVERSOLD | The low RSI value suggests PSN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.99 | NEGATIVE | The MACD value suggests PSN has a negative trend. |
| Stochastics (14,3) | 1.96 | OVERSOLD | The low Stochastics value suggests PSN may be oversold. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for PSN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for PSN suggests a strong 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
54.95
-1.86 (-3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.27%
1 Week-15.71%
2 Weeks-16.74%
1 Month-12.32%
3 Month-13.23%
6 Month-28.28%
12 Month-5.62%
2 Year-33.76%
3 Year22.82%
5 Year35.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.25
ATR(20)%4.13%
ATR Inc58.85%
Range Today2.77
ADR(20)2.22
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.26
3 months CRS25.03
6 months CRS17.16
Mansfield-2.64
10 Day High67.93
10 Day Low54.64
20 Day High67.93
20 Day Low54.64
52 Week High89.5
52 Week Low54.64
CS1 EndN/A
CR1 Start65.42
Volume & EV
DER(3)-2.76%
DER(5)-2.95%
Volume1.46M
Volume Incr20.43%
Vol(5)1.63M
Vol(50)1.24M
PARSONS CORP / PSN TA FAQ
What is the ChartMill technical rating of PARSONS CORP (PSN) stock?
ChartMill assigns a technical rating of 0 / 10 to PSN.
What is the current trend direction of PARSONS CORP (PSN) stock?
The current trend direction for PARSONS CORP (PSN) is Bearish.
Can you provide the RSI signal for PARSONS CORP?
PARSONS CORP (PSN) has an RSI value of 26.05. This indicates that the stock is currently oversold.
What is the MACD signal for PARSONS CORP (PSN) stock?
The MACD indicator for PARSONS CORP (PSN) has a value of -0.992719, indicating a bearish trend.
Can you provide the buy/sell signal for PARSONS CORP?
The buy/sell signal for PARSONS CORP (PSN) is sell as both the short term and long term trends are negative.