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PARROT SA (PARRO.PA) Stock Technical Analysis

EPA:PARRO - Euronext Paris - Matif - FR0004038263 - Common Stock - Currency: EUR

7.18  +0.12 (+1.7%)

Technical Rating and Analysis

9

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.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, PARRO did better than 99% of all other stocks.
PARRO is part of the Communications Equipment industry. There are 23 other stocks in this industry. PARRO outperforms 95% of them.
PARRO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month PARRO has a been trading in the 6.34 - 7.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PARROT SA / PARRO Weekly stock chart
PARROT SA / PARRO Daily stock chart
Setup Rating and Analysis

6

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.

Support and Resistance Analysis

4.86

7.48

We found 3 important support areas.

  • A support zone ranging from 6.85 to 7.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 6.37 to 6.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.91 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • Resistance @7.41 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.35
Mansfield10.57
10 Day High7.4
10 Day Low6.34
20 Day High7.46
20 Day Low6.34
52 Week High9.48
52 Week Low1.79
Performance
1 Week3.16%
2 Weeks8.46%
1 Month8.79%
3 Month51.16%
6 Month277.9%
12 Month240.28%
2 Year84.1%
3 Year41.06%
5 Year220.54%
10 Year-74.18%
15 Year-45.02%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.34
LBB6.38
UBB7.51
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
7.426.840.58 (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%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PARROT SA / PARRO Daily stock chart

PARROT SA

EPA:PARRO (5/8/2025, 7:00:00 PM)

7.18

+0.12 (+1.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.7%
1 Week3.16%
2 Weeks8.46%
1 Month8.79%
3 Month51.16%
6 Month277.9%
12 Month240.28%
2 Year84.1%
3 Year41.06%
5 Year220.54%
10 Year-74.18%
15 Year-45.02%
Volatility
ATR(14)0.37
ATR(20)%5.46%
ATR Inc-23.14%
Range Today0.3
ADR(20)0.37
ADR(20)%5.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.35
Mansfield10.57
10 Day High7.4
10 Day Low6.34
20 Day High7.46
20 Day Low6.34
52 Week High9.48
52 Week Low1.79
CS1 End7.02
CR1 Start7.41
Volume & EV
DER(3)-0.28%
DER(5)0.58%
Volume18.28K
Volume Incr-20.28%
Vol(5)20.69K
Vol(50)52.86K