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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Paramount Global - Class A (NASDAQ:PARAA)
Long-Term Uptrend (+90) - PARAA is in a strong uptrend that is likely to continue. While PARAA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PARAA?
MarketClub looks at technical strength and momentum to determine if the timing is right for PARAA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PARAA
The long-term trend has been UP since Dec 1st, 2023 at 18.42
The intermediate-term trend has been UP since May 2nd, 2024 at 24.42
The short-term trend has been UP since May 2nd, 2024 at 22.69
Smart Scan Analysis for PARAA
Based on our trend formula, PARAA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.4000 | 23.5300 | 22.9712 | 23.2900 | -0.2300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.5200 | 4646 | 2024-05-09 10:04:00 |
| 52wk High | 26.34 | 52wk High Date | 2024-05-02 |
| 52wk Low | 13.4 | 52wk Low Date | 2023-11-01 |
| Average Volume | 79,789 | Shares Outstanding | 651,406 |
| Assets | 520,270,000M | Liabilities | 301,330,000M |
| P/E Ratio | -20.80390000 |