Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

Paramount Global - Class B (NASDAQ:PARA)

Sidelines Mode (-55) - PARA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
11.01 11.08 10.77 10.82 -0.20
Entry Signal

MarketClub’s Trade Triangles for PARA

long term up The long-term trend has been UP since Nov 7th, 2024 at 11.46

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2024 at 10.29

short term up The short-term trend has been UP since Dec 4th, 2024 at 10.99

Smart Scan Analysis for PARA

Based on our trend formula, PARA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PARA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.01 11.08 10.77 10.82 -0.20
Prev. Close Volume Bid Ask Time
10.81 6143136 2024-12-05 15:59:24
52wk High17.552wk High Date2023-12-11
52wk Low9.5452wk Low Date2024-06-18
Average Volume12,829,781Shares Outstanding666,975
Assets458,900,000MLiabilities293,930,000M
Get a free daily analysis and signals for Paramount Global - Class B (PARA) - Request Your Free Report.