PARSONS CORP (PSN)
US70202L1026 - Common Stock
Taking everything into account, PSN scores 4 out of 10 in our technical rating. Although PSN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PSN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that PSN is one of the better performing stocks in the market, outperforming 86% 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 80 other stocks in this industry. PSN outperforms 84% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PSN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSN is lagging the market slightly.
PSN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 95.67, a Stop Loss order could be placed below this zone.
More info and screens
87.07
100.04
3 important support areas can be observed.
- A support zone ranging from 94.37 to 95.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.89 from a horizontal line in the daily time frame.
- Support @87.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 95.74 to 99.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.35
Mansfield0.27
10 Day High99.04
10 Day Low93.61
20 Day High101.92
20 Day Low93.61
52 Week High114.68
52 Week Low61.36
Performance
1 Week-0.91%
2 Weeks-2.4%
1 Month-3.73%
3 Month-4.21%
6 Month22.53%
12 Month51.44%
2 Year106.88%
3 Year184.34%
5 Year131.78%
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)0.18
RSI(14)42.19
LBB93.8
UBB99.36
PARSONS CORP
NYSE:PSN (12/20/2024, 8:04:00 PM)
After market: 95.68 0 (0%)95.68
+0.58 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.61%
1 Week-0.91%
2 Weeks-2.4%
1 Month-3.73%
3 Month-4.21%
6 Month22.53%
12 Month51.44%
2 Year106.88%
3 Year184.34%
5 Year131.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.82
ATR(20)%2.65%
ATR Inc4.78%
Range Today3.31
ADR(20)2.51
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.35
Mansfield0.27
10 Day High99.04
10 Day Low93.61
20 Day High101.92
20 Day Low93.61
52 Week High114.68
52 Week Low61.36
CS1 End95.67
CR1 Start95.74
Volume & EV
DER(3)0.89%
DER(5)1.44%
Volume1.53M
Volume Incr-18.22%
Vol(5)834.92K
Vol(50)915.03K