PARAMOUNT GLOBAL-CLASS B (PARA)
US92556H2067 - Common Stock
Overall PARA gets a technical rating of 5 out of 10. 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PARA has a been trading in the 10.12 - 14.54 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PARA has an average volume of 23535800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PARA is part of the Media industry. There are 97 other stocks in this industry, PARA did better than 43% of them.
PARA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PARA is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PARA has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.11
14.01
2 important support areas can be observed.
- A support zone ranging from 11.38 to 11.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @13.87 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
CRS16.18
Mansfield-1.59
10 Day High14.54
10 Day Low11.33
20 Day High14.54
20 Day Low10.12
52 Week High17.5
52 Week Low10.12
Performance
1 Week8.23%
2 Weeks3.62%
1 Month7.69%
3 Month-10.67%
6 Month-6.32%
12 Month-23.55%
2 Year-62.45%
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)0.16
RSI(14)55.94
LBB10.31
UBB13.86
PARAMOUNT GLOBAL-CLASS B
NASDAQ:PARA (5/3/2024, 7:11:03 PM)
After market: 13.18 +0.29 (+2.25%)12.89
-0.97 (-7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-7%
1 Week8.23%
2 Weeks3.62%
1 Month7.69%
3 Month-10.67%
6 Month-6.32%
12 Month-23.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%6.17%
ATR Inc
Range Today1.68
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 High14.54
10 Day Low11.33
20 Day High14.54
20 Day Low10.12
52 Week High17.5
52 Week Low10.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume67.05M
Volume Incr60.94%
Vol(5)40.14M
Vol(50)23.54M