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.
MarketClub’s Trade Triangles for PARA
The long-term trend has been UP since Jan 18th, 2023 at 20.915
The intermediate-term trend has been DOWN since Mar 1st, 2023 at 21.185
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).
|52wk High||39.21||52wk High Date||2022-03-28|
|52wk Low||15.29||52wk Low Date||2022-11-04|
|Average Volume||11,192,834||Shares Outstanding||650,517|