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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
22.050 22.205 21.950 22.060 -0.090
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 up The intermediate-term trend has been UP since Oct 31st, 2024 at 22.19

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 22.15

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
22.050 22.205 21.950 22.060 -0.090
Prev. Close Volume Bid Ask Time
22.030 18318 2024-11-19 15:58:00
52wk High26.3452wk High Date2024-05-02
52wk Low16.5952wk Low Date2024-06-21
Average Volume36,138Shares Outstanding666,975
Assets458,900,000MLiabilities293,930,000M
P/E Ratio-20.80390000
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