NYSE:PSN • US70202L1026
Overall PSN gets a technical rating of 0 out of 10. 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
3 important support areas can be observed.
4 important resistance areas can be observed.
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 | 22.42 | NEGATIVE | PSN has a low relative strength, it was outperformed by 77.58% 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) | 41.66 | NEUTRAL | The RSI value for PSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests PSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.25 | NEUTRAL | The Stochastics value for PSN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for PSN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.05 | NEUTRAL | The ADX value for PSN suggests a possible start of a new trend. |
63.72
+2.31 (+3.76%)
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 41.6647. This indicates that the stock is currently neutral.
The MACD indicator for PARSONS CORP (PSN) has a value of -0.809722, indicating a bearish trend.
The buy/sell signal for PARSONS CORP (PSN) is sell as both the short term and long term trends are negative.