Technical Analysis for PARA - Paramount Global

Grade Last Price % Change Price Change
B 13.81 12.60% 1.55
PARA closed up 7.64 percent on Wednesday, May 1, 2024, on 87 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
5 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 12.60%
Crossed Above 50 DMA Bullish 12.60%
180 Bullish Setup Bullish Swing Setup 12.60%
Fell Below 20 DMA Bearish 21.20%
Fell Below 50 DMA Bearish 21.20%
Earnings Movers Other 21.20%
Pocket Pivot Bullish Swing Setup 12.69%
Earnings Movers Other 12.69%
Gapped Up Strength 12.69%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 15.91%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 1 hour ago
Up 2 ATRs about 2 hours ago
Possible Pocket Pivot about 2 hours ago
Up 10% about 2 hours ago
1.5x Volume Pace about 2 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Paramount Global Description

Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks. In addition, the company develops, produces, finances, acquires, and distributes films. Paramount Global was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York.


Classification

Sector: Communication Services
Industry: Entertainment
Keywords: S&P 500 Telecommunications Television Mass Media Video On Demand Pay Television Media Platform Basic Cable Networks Cable Subscription Services On Demand And Live Streaming Services Paramount Pictures Paramount+ Pluto Tv Subscription Cable Networks Viacomcbs Viacomcbs Streaming Nickelodeon

Is PARA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.7413
52 Week Low 10.1165
Average Volume 21,276,348
200-Day Moving Average 13.17
50-Day Moving Average 11.46
20-Day Moving Average 11.62
10-Day Moving Average 12.12
Average True Range 0.71
RSI (14) 53.92
ADX 19.25
+DI 29.57
-DI 23.52
Chandelier Exit (Long, 3 ATRs) 11.68
Chandelier Exit (Short, 3 ATRs) 12.24
Upper Bollinger Bands 13.11
Lower Bollinger Band 10.13
Percent B (%b) 0.71
BandWidth 25.68
MACD Line 0.14
MACD Signal Line 0.08
MACD Histogram 0.0573
Fundamentals Value
Market Cap 7.49 Billion
Num Shares 611 Million
EPS -2.33
Price-to-Earnings (P/E) Ratio -5.26
Price-to-Sales 0.29
Price-to-Book 0.39
PEG Ratio 2.30
Dividend 0.58
Dividend Yield 4.73%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.55
Resistance 3 (R3) 13.43 12.87 13.34
Resistance 2 (R2) 12.87 12.54 12.94 13.26
Resistance 1 (R1) 12.57 12.34 12.72 12.69 13.19
Pivot Point 12.01 12.01 12.09 12.08 12.01
Support 1 (S1) 11.71 11.68 11.86 11.83 11.33
Support 2 (S2) 11.15 11.48 11.22 11.26
Support 3 (S3) 10.85 11.15 11.19
Support 4 (S4) 10.97