The USD 57.43 support, currently tested, should allow PAREXEL International Corporation to rally again.
From a fundamental viewpoint, the company has a value in line with the industry as its enterprise value ratios show.

Technically, the security is in a negative configuration in the short term as the bearish trend of the 20-day moving average, currently at USD 65.1, shows. Nevertheless, the stock seems in an oversold situation, near to its USD 58.85 support in daily data and a positive trendline. These levels might stop the bearish trend in the short term.

So as to make the most of a potential technical rebound of PAREXEL International, it seems opportune to open a long trade at current prices. A confirmation of this pattern would enable the security to reach the USD 63.15 resistance, with a potential gain around 10%. Investors should not insist under the trendline and are better of placing a stop loss order under this threshold.