EPA:PARRO - Euronext Paris - Matif - FR0004038263 - Common Stock - Currency: EUR
Taking everything into account, PARRO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PARRO is showing a nice and steady performance.
Besides having an excellent technical rating, PARRO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.02, a Stop Loss order could be placed below this zone.
4.86
We found 3 important support areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
7.42 | 6.84 | 0.58 (7.82%) | 12.79% |
An entry @7.42. This is a Buy Stop order right above the resistance zone. | An exit @6.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.58 points, which is 7.82%. | When investing 12.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
EPA:PARRO (5/8/2025, 7:00:00 PM)
7.18
+0.12 (+1.7%)