Parsons Corporation ($PSN): Caution Is Advised (2019-07-15)

Our first news is that we’ve found some terrific services that we believe will help immensely if you are trading Parsons Corporation – take a quick look through the following:

Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-PSN-investors (this is a fantastic tool – use this to analyze Parsons Corporation in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-PSN-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-PSN-investors
Trader HR: https://logistics-business-review.com/traderHR-for-PSN-investors

REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Parsons Corporation ($PSN) has been trading over the last 2 weeks and the past day especially. On its latest session, Parsons Corporation ($PSN) opened at 37.58, reaching a high of 37.99 and a low of 37.12 before closing at a price of 37.67. There was a total volume of 300912.

VOLUME INDICATORS: We saw an accumulation-distribution index of 217.06541, an on-balance volume of -37.42, chaikin money flow of 3.2439 and a force index of 0.679. There was an ease of movement rating of 0.01252, a volume-price trend of 4.8424 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.53299, bolinger bands of 37.93822, an upper bollinger band of 35.40678, lower bollinger band of 37.12, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 37.56333, high band keltner channel of 37.15333, low band keltner channel of 37.97333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 37.12, a donchian channel low band of 37.12, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.02008, a MACD signal of -0.01116, a MACD difference of -0.00892, a fast Exponential Moving Average (EMA) indicator of 37.12, a slow Exponential Moving Average (EMA) indicator of 37.12, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.01509, a trix of 5.79405, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -4.27704, a KST Oscillator (KST) of 130.22697 and a KST Oscillator (KST Signal) of 130.22697 (leaving a KST difference of -6.81272). We also found an Ichimoku rating of 37.785, an Ichimoku B rating of 37.785, a Ichimoku visual trend A of 34.85177, an Ichimoku visual trend B of 35.6913, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 90.28929, a stochastic oscillator of 212.19512, a stochastic oscillator signal of 212.19512, a Williams %R rating of 112.19512 and an awesome oscillator of -0.1575.

RETURNS: There was a daily return of 13.0227, a daily log return of -2.44064 and a cumulative return of -2.4111.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Parsons Corporation ($PSN)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Parsons Corporation, we strongly advise Parsons Corporation investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Parsons Corporation – without this you are trading blind:

We will of course continue to cover the news and price action of Parsons Corporation, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Parsons Corporation ($PSN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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