PARAMOUNT GLOBAL-CLASS A (PARAA) Stock Technical Analysis
NASDAQ:PARAA - Nasdaq - US92556H1077 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PARAA. PARAA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: PARAA has an average volume of 23350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PARAA is part of the Media industry. There are 97 other stocks in this industry. PARAA outperforms 73% of them.
PARAA is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so PARAA slightly outperforms the market at the moment.
In the last month PARAA has a been trading in the 21.32 - 22.89 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, PARAA turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
Although the technical rating is bad, PARAA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.57, a Stop Loss order could be placed below this zone.
More info and screens
21.29
24.44
We found 2 important support areas.
- A support zone ranging from 22.10 to 22.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.50 to 21.75. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.56 to 22.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.30 to 23.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.20 to 24.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.49
Mansfield0.38
10 Day High22.85
10 Day Low22.25
20 Day High22.89
20 Day Low21.32
52 Week High24.5
52 Week Low16.59
Performance
1 Week-0.53%
2 Weeks1.12%
1 Month0.13%
3 Month0.98%
6 Month2.49%
12 Month1.3%
2 Year28.63%
3 Year-38.69%
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)0.01
RSI(14)50.25
LBB22.19
UBB22.86
NASDAQ:PARAA (5/7/2025, 12:56:25 PM)
22.54
-0.06 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.27%
1 Week-0.53%
2 Weeks1.12%
1 Month0.13%
3 Month0.98%
6 Month2.49%
12 Month1.3%
2 Year28.63%
3 Year-38.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.21%
ATR Inc-41.48%
Range Today0.26
ADR(20)0.48
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.49
Mansfield0.38
10 Day High22.85
10 Day Low22.25
20 Day High22.89
20 Day Low21.32
52 Week High24.5
52 Week Low16.59
CS1 End22.57
CR1 Start22.6
Volume & EV
DER(3)-2.52%
DER(5)-1.85%
Volume3.43K
Volume Incr6.97%
Vol(5)25.26K
Vol(50)23.35K