Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Paramount Global - Class A (NASDAQ:PARAA)

Bull Market Weakness (+75) - PARAA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PARAA as it may be in the beginning stages of a reversal.

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.

Open High Low PARAA Price Change
22.45 23.33 22.45 23.10 +0.51
Entry Signal

MarketClub’s Trade Triangles for PARAA

long term up The long-term trend has been UP since Dec 1st, 2023 at 18.42

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 20.75

short term up The short-term trend has been UP since Apr 19th, 2024 at 21.52

Smart Scan Analysis for PARAA

Based on our trend formula, PARAA is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PARAA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.45 23.33 22.45 23.10 +0.51
Prev. Close Volume Bid Ask Time
22.59 33851 2024-04-23 15:59:00
52wk High27.22552wk High Date2023-05-01
52wk Low13.452wk Low Date2023-11-01
Average Volume63,938Shares Outstanding651,406
P/E Ratio-20.80390000
Get a free daily analysis and signals for Paramount Global - Class A (PARAA) - Request Your Free Report.