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Stock Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Paramount Global - Class B (NASDAQ:PARA)

Weak Downtrend (-65) - PARA is showing signs of a strengthening downtrend. Monitor PARA as it may be building momentum to the downside.

Is it time to buy, sell, or avoid PARA?

MarketClub looks at technical strength and momentum to determine if the timing is right for PARA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PARA
Open High Low PARA Price Change
11.470 12.320 11.460 12.255 +0.865
Entry Signal

MarketClub’s Trade Triangles for PARA

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 10.90

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 11.03

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 12.08

Smart Scan Analysis for PARA

Based on our trend formula, PARA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PARA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.470 12.320 11.460 12.255 +0.865
Prev. Close Volume Bid Ask Time
11.390 15963608 2024-05-01 15:59:49
52wk High23.45552wk High Date2023-05-03
52wk Low10.1252wk Low Date2024-04-10
Average Volume27,187,256Shares Outstanding651,406
Assets535,430,000MLiabilities310,170,000M
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