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Is PSN likely to continue higher? Crossed Above 20 Day Moving Average shows up after rallying 6.53%

Parsons Corporation (PSN) — Nightly Technical Analysis · Aug 21, 2026, 17:37 ET
PSN closed up 6.53% on Friday, August 21st, with volume running 0.9× below average. The session formed a Crossed Above 20 DMA, often signaling a possible continuation. Key support levels exist at 47.93, 46.78 & 46.19, with resistance at 49.66, 50.25 & 51.4.

Current SwingTradeBot Technical Rating of PSN: F

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Parsons Corporation (PSN)