PARROT SA (PARRO.PA) Stock Technical Analysis
EPA:PARRO - Euronext Paris - Matif - FR0004038263 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to PARRO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PARRO is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, PARRO also shows a nice and consistent pattern of rising prices.
PARRO is one of the better performing stocks in the Communications Equipment industry, it outperforms 95% of 25 stocks in the same industry.
PARRO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PARRO is lagging the market slightly.
In the last month PARRO has a been trading in the 8.72 - 11.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PARRO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
5.89
10.06
When analyzing the support we can see 4 important areas.
- Support @9.16 from a trend line in the daily time frame.
- A support zone ranging from 8.85 to 8.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.62 to 8.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.95 from a trend line in the weekly 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 | 99.23 | POSITIVE | PARRO.PA has a high relative strength, it outperformed 99.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PARRO.PA is above a declining 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) | 55.49 | NEUTRAL | The RSI value for PARRO.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PARRO.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.36 | NEUTRAL | The Stochastics value for PARRO.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for PARRO.PA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.04 | 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 (7/11/2025, 7:00:00 PM)
9.96
+0.36 (+3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.75%
1 Week10.91%
2 Weeks-1.87%
1 Month0%
3 Month36.81%
6 Month165.6%
12 Month385.85%
2 Year174.38%
3 Year136.02%
5 Year254.45%
10 Year-75.95%
15 Year-33.82%
Volatility
ATR(14)0.67
ATR(20)%7.51%
ATR Inc8.63%
Range Today0.62
ADR(20)0.71
ADR(20)%7.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.23
Mansfield9.69
10 Day High10.65
10 Day Low8.72
20 Day High11.65
20 Day Low8.72
52 Week High11.9
52 Week Low1.82
CS1 End9.16
CR1 StartN/A
Volume & EV
DER(3)1.78%
DER(5)1.3%
Volume39.51K
Volume Incr-29.3%
Vol(5)43.75K
Vol(50)55.31K