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Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

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.

Open High Low PARA Price Change
21.23 21.57 20.68 20.68 -0.57
Entry Signal

MarketClub’s Trade Triangles for PARA

long term up The long-term trend has been UP since Jan 18th, 2023 at 20.915

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 21.185

short term up The short-term trend has been UP since Mar 20th, 2023 at 20.085

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).

Smart Scan Analysis for PARA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.23 21.57 20.68 20.68 -0.57
Prev. Close Volume Bid Ask Time
20.69 7895899 2023-03-22 15:59:59
52wk High39.2152wk High Date2022-03-28
52wk Low15.2952wk Low Date2022-11-04
Average Volume11,192,834Shares Outstanding650,517
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