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Stock Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Paramount Global - Class A (NASDAQ:PARAA)

Sidelines Mode (-55) - PARAA 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 PARAA?

MarketClub looks at technical strength and momentum to determine if the timing is right for PARAA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PARAA
Open High Low PARAA Price Change
21.980 22.134 21.950 22.010 +0.060
Entry Signal

MarketClub’s Trade Triangles for PARAA

long term down The long-term trend has been DOWN since Jun 11th, 2024 at 19.52

intermediate term down The intermediate-term trend has been DOWN since Sep 6th, 2024 at 21.79

short term up The short-term trend has been UP since Oct 2nd, 2024 at 21.94

Smart Scan Analysis for PARAA

Based on our trend formula, PARAA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PARAA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.980 22.134 21.950 22.010 +0.060
Prev. Close Volume Bid Ask Time
21.950 3593 2024-10-07 10:18:00
52wk High26.3452wk High Date2024-05-02
52wk Low13.452wk Low Date2023-11-01
Average Volume54,646Shares Outstanding666,479
Assets458,900,000MLiabilities293,930,000M
P/E Ratio-20.80390000
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