PARROT SA (PARRO.PA) Stock Technical Analysis
Europe - EPA:PARRO - FR0004038263 - Common Stock
9.48 EUR
-0.2 (-2.07%)
We assign a technical rating of 10 out of 10 to PARRO. Both in the recent history as in the last year, PARRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, PARRO did better than 99% of all other stocks. We also observe that the gains produced by PARRO over the past year are nicely spread over this period.
PARRO is one of the better performing stocks in the Communications Equipment industry, it outperforms 96% of 29 stocks in the same industry.
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.
In the last month PARRO has a been trading in the 7.40 - 11.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PARRO has an excellent technical rating, it does not present a decent entry opportunity 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
6.83
11.57
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.39 to 9.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.28 from a trend line in the weekly time frame.
- A support zone ranging from 7.70 to 7.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.23 from a trend line in the daily time frame.
- Support @6.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.21 to 10.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.46 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 | UP | POSITIVE | The long term trend for PARRO.PA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PARRO.PA is neutral. |
| ChartMill Relative Strength | 99.33 | POSITIVE | PARRO.PA has a high relative strength, it outperformed 99.33% 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 | POSITIVE | The current price of PARRO.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | 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) | 45.18 | NEUTRAL | The Stochastics value for PARRO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for PARRO.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.28 | POSITIVE | The high ADX value value for PARRO.PA suggests a strong trend. |
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)
EPA:PARRO (10/17/2025, 7:00:00 PM)
9.48
-0.2 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-2.07%
1 Week-1.66%
2 Weeks-7.96%
1 Month23.12%
3 Month-28.18%
6 Month29.16%
12 Month393.75%
2 Year264.62%
3 Year128.71%
5 Year149.47%
10 Year-76.99%
15 Year-48.48%
Volatility
ATR(14)0.84
ATR(20)%7.63%
ATR Inc-39.31%
Range Today0.44
ADR(20)0.69
ADR(20)%7.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.33
Mansfield3
10 Day High11.8
10 Day Low9.22
20 Day High11.8
20 Day Low7.4
52 Week High14.5
52 Week Low1.87
CS1 End9.47
CR1 Start10.21
Volume & EV
DER(3)1.73%
DER(5)2%
Volume40.76K
Volume Incr-39.52%
Vol(5)55.01K
Vol(50)62.04K