Parsons Corp

PSN is in Stage 2 Advancing (Corrective Reset), showing a clear Higher Highs & Higher Lows sequence. Rising 9/21 EMAs and price holding above the 50 SMA confirm medium-term bullish bias. A pullback into the rising EMA zone near prior support offers a favorable entry, with price tightly tracking above EMAs supporting short-term execution readiness. Transition risk persists at the $57–58 resistance. Long-term trend is sideways, limiting secular support.

• ↑Q1 revenue $1.1B (+8% YoY); federal solutions +12%
• ↑Backlog $9.3B (71% funded); $11B in unbooked awards
• ↓49% of revenue tied to a handful of long-term frameworks