PARROT SA (PARRO.PA) Stock Technical Analysis
Europe • Euronext Paris • EPA:PARRO • FR0004038263
Taking everything into account, PARRO scores 1 out of 10 in our technical rating. PARRO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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.
- In the last month PARRO has a been trading in the 6.58 - 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 28786 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the performance of all stocks over the past year, PARRO turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- PARRO is part of the Communications Equipment industry. There are 32 other stocks in this industry, PARRO did better than 64% of them.
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
6.26
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.57 to 6.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.45 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 | 67.69 | NEUTRAL | PARRO.PA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of PARRO.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.67 | OVERSOLD | The low RSI value suggests PARRO.PA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PARRO.PA has a negative trend. |
| Stochastics (14,3) | 2.9 | OVERSOLD | The low Stochastics value suggests PARRO.PA may be oversold. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PARRO.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.76 | NEUTRAL | The ADX value for PARRO.PA suggests a possible start of a new trend. |
EPA:PARRO (2/5/2026, 2:12:26 PM)
6.32
-0.26 (-3.95%)
PARROT SA / PARRO.PA FAQ
What is the ChartMill technical rating of PARROT SA (PARRO.PA) stock?
ChartMill assigns a technical rating of 1 / 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 26.669. This indicates that the stock is currently oversold.
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 resistance level at 9.45. Check the full technical report for our detailed analysis of PARRO.PA support and resistance levels.