PARSONS CORP (PSN)
US70202L1026 - Common Stock
Taking everything into account, PSN scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month PSN has a been trading in the 93.23 - 114.68 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that PSN is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by PSN over the past year are nicely spread over this period.
PSN is part of the Professional Services industry. There are 81 other stocks in this industry. PSN outperforms 83% of them.
PSN has an average volume of 1043370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
PSN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PSN is lagging the market.
Although PSN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
84.91
107.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 94.37 to 95.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.77 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 104.30 to 105.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.06
Mansfield0.38
10 Day High114.2
10 Day Low93.23
20 Day High114.68
20 Day Low93.23
52 Week High114.68
52 Week Low61.1
Performance
1 Week-14.92%
2 Weeks-13.9%
1 Month-8.7%
3 Month0.73%
6 Month20.25%
12 Month50.15%
2 Year92.53%
3 Year187.14%
5 Year138.07%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-2.16
RSI(14)29.86
LBB91.19
UBB120.72
PARSONS CORP
NYSE:PSN (11/21/2024, 2:32:59 PM)
100.44
+5.14 (+5.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg5.39%
1 Week-14.92%
2 Weeks-13.9%
1 Month-8.7%
3 Month0.73%
6 Month20.25%
12 Month50.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.38
ATR(20)%3.36%
ATR Inc
Range Today5.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High114.2
10 Day Low93.23
20 Day High114.68
20 Day Low93.23
52 Week High114.68
52 Week Low61.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume853.02K
Volume Incr128.84%
Vol(5)1.78M
Vol(50)1.04M