PARAMOUNT GLOBAL-CLASS B (PARA) Stock Technical Analysis
NASDAQ:PARA - Nasdaq - US92556H2067 - Common Stock
Taking everything into account, PARA scores 0 out of 10 in our technical rating. PARA'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 negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than PARA.
PARA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PARA has a been trading in the 10.16 - 11.05 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
PARA has an average volume of 10556400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PARA is an average performer in the Media industry, it outperforms 48% of 92 stocks in the same industry.
Although the technical rating is bad, PARA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.43, a Stop Loss order could be placed below this zone.
More info and screens
9.98
11.93
When analyzing the support we can see 2 important areas.
- Support @10.43 from a horizontal line in the daily time frame.
- A support zone ranging from 10.08 to 10.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.51 to 10.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.23 to 11.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.64 to 11.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.03
Mansfield-1.51
10 Day High11.05
10 Day Low10.16
20 Day High11.05
20 Day Low10.16
52 Week High15.7
52 Week Low9.54
Performance
1 Week-2.24%
2 Weeks-1.78%
1 Month-1.87%
3 Month2.04%
6 Month-6.34%
12 Month-24.06%
2 Year-54.75%
3 YearN/A
5 YearN/A
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)-0.02
RSI(14)46.81
LBB10.13
UBB10.98
PARAMOUNT GLOBAL-CLASS B
NASDAQ:PARA (1/21/2025, 8:00:02 PM)
Premarket: 10.48 0 (0%)10.48
+0.21 (+2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.04%
1 Week-2.24%
2 Weeks-1.78%
1 Month-1.87%
3 Month2.04%
6 Month-6.34%
12 Month-24.06%
2 Year-54.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.49%
ATR Inc9.62%
Range Today0.27
ADR(20)0.25
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.03
Mansfield-1.51
10 Day High11.05
10 Day Low10.16
20 Day High11.05
20 Day Low10.16
52 Week High15.7
52 Week Low9.54
CS1 End10.43
CR1 Start10.51
Volume & EV
DER(3)-2.33%
DER(5)-3.23%
Volume7.97M
Volume Incr10.92%
Vol(5)9.60M
Vol(50)10.56M