Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Paramount Global - Class B (NASDAQ:PARA)
Bull Market Weakness (+75) - PARA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PARA as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for PARA
The long-term trend has been DOWN since May 4th, 2023 at 18.89
The intermediate-term trend has been UP since Nov 3rd, 2023 at 12.62
The short-term trend has been UP since Nov 29th, 2023 at 14.30
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).
|52wk High||25.93||52wk High Date||2023-02-02|
|52wk Low||10.51||52wk Low Date||2023-11-01|
|Average Volume||15,403,206||Shares Outstanding||651,406|