Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, May 14, 2024.
Paramount Global - Class B (NASDAQ:PARA)
Crossroads (+60) - PARA is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Mar 1st, 2024 at 10.90
The intermediate-term trend has been UP since May 2nd, 2024 at 12.98
The short-term trend has been UP since May 13th, 2024 at 13.25
Smart Scan Analysis for PARA
Based on our trend formula, PARA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.05 | 13.40 | 12.98 | 13.00 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.01 | 7961959 | 2024-05-13 15:59:55 |
| 52wk High | 17.5 | 52wk High Date | 2023-12-11 |
| 52wk Low | 10.12 | 52wk Low Date | 2024-04-10 |
| Average Volume | 23,135,621 | Shares Outstanding | 651,406 |
| Assets | 520,270,000M | Liabilities | 301,330,000M |