PARAMOUNT GLOBAL-CLASS B (PARA)
US92556H2067 - Common Stock
We assign a technical rating of 3 out of 10 to PARA. In the past year, PARA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
84% of all other stocks performed better in the past year than PARA.
PARA is one of the lesser performing stocks in the Media industry. 66% of 91 stocks in the same industry do better.
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 10.27 - 11.59 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PARA has an average volume of 7882750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Volume is considerably higher in the last couple of days.
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
We found 1 important support area.
- A support zone ranging from 10.08 to 10.43. 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 10.96 to 11.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.36 to 11.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.81 from a horizontal line 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
CRS16.76
Mansfield-2
10 Day High11.59
10 Day Low10.27
20 Day High11.59
20 Day Low10.27
52 Week High17.5
52 Week Low9.54
Performance
1 Week0.37%
2 Weeks-1.72%
1 Month5.94%
3 Month-4.23%
6 Month-9.03%
12 Month-23.43%
2 Year-45.82%
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)-0.05
RSI(14)50.72
LBB10.34
UBB11.79
PARAMOUNT GLOBAL-CLASS B
NASDAQ:PARA (11/22/2024, 8:00:02 PM)
After market: 10.86 -0.02 (-0.18%)10.88
-0.21 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.89%
1 Week0.37%
2 Weeks-1.72%
1 Month5.94%
3 Month-4.23%
6 Month-9.03%
12 Month-23.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%3.27%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.59
10 Day Low10.27
20 Day High11.59
20 Day Low10.27
52 Week High17.5
52 Week Low9.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.24M
Volume Incr43.92%
Vol(5)11.93M
Vol(50)7.88M