PARROT SA (PARRO.PA) Stock Technical Analysis
Europe • Euronext Paris • EPA:PARRO • FR0004038263
Taking everything into account, PARRO scores 3 out of 10 in our technical rating. Although PARRO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month PARRO has a been trading in the 6.98 - 8.40 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: PARRO has an average volume of 28463 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- PARRO is part of the Communications Equipment industry. There are 32 other stocks in this industry. PARRO outperforms 74% of them.
- When comparing the yearly performance of all stocks, we notice that PARRO is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, PARRO also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
- PARRO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PARRO is lagging the market.
The technical rating of PARRO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.83
When analyzing the support we notice one important area.
- A support zone ranging from 6.90 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.93 to 8.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.48 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 | DOWN | NEGATIVE | The long term trend for PARRO.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PARRO.PA is down. |
| ChartMill Relative Strength | 81.14 | POSITIVE | PARRO.PA has a high relative strength, it outperformed 81.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PARRO.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PARRO.PA is below a declining 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) | 31.83 | NEUTRAL | The RSI value for PARRO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PARRO.PA has a negative trend. |
| Stochastics (14,3) | 6.69 | OVERSOLD | The low Stochastics value suggests PARRO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for PARRO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for PARRO.PA suggests a possible start of a new trend. |
EPA:PARRO (2/3/2026, 7:00:00 PM)
7
-0.34 (-4.63%)
PARROT SA / PARRO.PA FAQ
What is the ChartMill technical rating of PARROT SA (PARRO.PA) stock?
ChartMill assigns a technical rating of 3 / 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 31.8305. 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 negative.
Can you provide the support and resistance levels for PARROT SA?
PARROT SA (PARRO.PA) has a support level at 6.99 and a resistance level at 7.93. Check the full technical report for our detailed analysis of PARRO.PA support and resistance levels.