PARROT SA (PARRO.PA) Stock Technical Analysis
EPA:PARRO • FR0004038263
We assign a technical rating of 4 out of 10 to PARRO. In the past year, PARRO 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.
- When comparing the yearly performance of all stocks, PARRO is a bad performer in the overall market: 76% of all stocks are doing better.
- PARRO 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.
- 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 PARRO has a been trading in the 5.32 - 8.40 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.
- PARRO is part of the Communications Equipment industry. There are 28 other stocks in this industry, PARRO did better than 48% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PARRO has an average technical rating and it also does not offer a high quality setup 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
5.60
We found 1 important support area.
- Support @5.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.09 to 8.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.97 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PARRO.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PARRO.PA is up. |
| ChartMill Relative Strength | 24.38 | NEGATIVE | PARRO.PA has a low relative strength, it was outperformed by 75.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PARRO.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PARRO.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PARRO.PA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.17 | NEUTRAL | The RSI value for PARRO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests PARRO.PA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.43 | OVERBOUGHT | The high Stochastics value suggests PARRO.PA may be overbought. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for PARRO.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.77 | POSITIVE | The high ADX value value for PARRO.PA suggests a strong trend. |
EPA:PARRO (3/3/2026, 9:29:34 AM)
7.94
-0.28 (-3.41%)
PARROT SA / PARRO.PA FAQ
What is the ChartMill technical rating of PARROT SA (PARRO.PA) stock?
ChartMill assigns a technical rating of 4 / 10 to PARRO.PA.
What is the current trend direction of PARROT SA (PARRO.PA) stock?
The current trend direction for PARROT SA (PARRO.PA) is Bearish.
What is the RSI signal for PARRO stock?
PARROT SA (PARRO.PA) has an RSI value of 67.1735. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PARROT SA?
The short term momentum for PARROT SA (PARRO.PA) is positive.
Can you provide the support and resistance levels for PARROT SA?
PARROT SA (PARRO.PA) has a support level at 5.66 and a resistance level at 8.23. Check the full technical report for our detailed analysis of PARRO.PA support and resistance levels.