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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 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
11.45 11.79 11.42 11.74 +0.20
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 May 29th, 2024 at 11.65

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 11.45

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
11.45 11.79 11.42 11.74 +0.20
Prev. Close Volume Bid Ask Time
11.74 5144113 2024-07-23 15:59:59
52wk High17.552wk High Date2023-12-11
52wk Low9.5452wk Low Date2024-06-18
Average Volume14,761,188Shares Outstanding666,479
Assets520,270,000MLiabilities301,330,000M
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