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PARSONS CORP (PSN) Stock Technical Analysis

NYSE:PSN - New York Stock Exchange, Inc. - US70202L1026 - Common Stock - Currency: USD

63.04  -2.08 (-3.19%)

After market: 63.04 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to PSN. PSN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
76% of all other stocks performed better in the past year than PSN.
PSN is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so PSN is not an exception.
In the last month PSN has a been trading in the 56.27 - 65.70 range, which is quite wide. It is currently trading near the high of this range.
PSN has an average volume of 1581280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PSN is an average performer in the Professional Services industry, it outperforms 50% of 82 stocks in the same industry.
Weekly and Daily overview Charts
PARSONS CORP / PSN Weekly stock chart
PARSONS CORP / PSN Daily stock chart
Setup Rating and Analysis

9

PSN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 65.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PSN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

54.79

74.44

4 important support areas can be observed.

  • A support zone ranging from 60.88 to 62.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @59.51 from a trend line in the weekly time frame.
  • Support @58.21 from a horizontal line in the weekly time frame.
  • Support @55.34 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 65.12 to 65.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @73.70 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.89
Mansfield-1.79
10 Day High65.7
10 Day Low56.27
20 Day High65.7
20 Day Low56.27
52 Week High114.68
52 Week Low54.56
Performance
1 Week-2.43%
2 Weeks7.07%
1 Month6.76%
3 Month-24.76%
6 Month-39.51%
12 Month-20.93%
2 Year44.92%
3 Year70.7%
5 Year68.56%
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)0.62
RSI(14)51.52
LBB57.86
UBB66.93
PARSONS CORP / PSN Daily stock chart

PARSONS CORP

NYSE:PSN (4/21/2025, 4:19:05 PM)

After market: 63.04 0 (0%)

63.04

-2.08 (-3.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.19%
1 Week-2.43%
2 Weeks7.07%
1 Month6.76%
3 Month-24.76%
6 Month-39.51%
12 Month-20.93%
2 Year44.92%
3 Year70.7%
5 Year68.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.95
ATR(20)%4.02%
ATR Inc-23.88%
Range Today2.9
ADR(20)2.47
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.89
Mansfield-1.79
10 Day High65.7
10 Day Low56.27
20 Day High65.7
20 Day Low56.27
52 Week High114.68
52 Week Low54.56
CS1 End61.6
CR1 Start65.13
Volume & EV
DER(3)4.97%
DER(5)3.54%
Volume776.69K
Volume Incr-16.76%
Vol(5)1.10M
Vol(50)1.58M