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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Paramount Global - Class B (NASDAQ:PARA)

Countertrend Down (-85) - PARA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
10.300 10.453 10.250 10.275 -0.025
Entry Signal

MarketClub’s Trade Triangles for PARA

long term down The long-term trend has been DOWN since Mar 1st, 2024 at 10.900

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 10.270

short term up The short-term trend has been UP since Oct 25th, 2024 at 10.375

Smart Scan Analysis for PARA

Based on our trend formula, PARA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PARA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.300 10.453 10.250 10.275 -0.025
Prev. Close Volume Bid Ask Time
10.270 4936586 2024-10-25 15:59:53
52wk High17.552wk High Date2023-12-11
52wk Low9.5452wk Low Date2024-06-18
Average Volume5,435,206Shares Outstanding666,479
Assets458,900,000MLiabilities293,930,000M
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