Technical Analysis for PARAA - Paramount Global

Grade Last Price % Change Price Change
B 22.67 -3.61% -0.85
PARAA closed up 1.34 percent on Wednesday, May 8, 2024, on 55 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Calm After Storm Range Contraction -3.61%
Spinning Top Other -2.33%
Calm After Storm Range Contraction -2.33%
NR7 Range Contraction -2.33%
Narrow Range Bar Range Contraction -2.33%
Inside Day Range Contraction -2.33%
Inside Day Range Contraction -3.08%
20 DMA Support Bullish 1.12%
Jack-in-the-Box Bullish Bullish Swing Setup 1.12%
Volume Surge Other 1.12%

   Recent Intraday Alerts

Alert Time
Down 3% 18 minutes ago
Fell Below 10 DMA 18 minutes ago
60 Minute Opening Range Breakdown 35 minutes ago
Rose Above Previous Day's High about 2 hours ago
Down 2 % about 2 hours ago

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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: 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

Is PARAA 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 26.34
52 Week Low 13.3486
Average Volume 73,386
200-Day Moving Average 19.02
50-Day Moving Average 21.98
20-Day Moving Average 22.36
10-Day Moving Average 22.70
Average True Range 1.42
RSI (14) 54.13
ADX 21.52
+DI 28.78
-DI 14.58
Chandelier Exit (Long, 3 ATRs) 22.07
Chandelier Exit (Short, 3 ATRs) 24.79
Upper Bollinger Bands 24.87
Lower Bollinger Band 19.84
Percent B (%b) 0.73
BandWidth 22.51
MACD Line 0.37
MACD Signal Line 0.25
MACD Histogram 0.1202
Fundamentals Value
Market Cap 957.33 Million
Num Shares 40.7 Million
EPS -2.33
Price-to-Earnings (P/E) Ratio -10.09
Price-to-Sales 0.29
Price-to-Book 0.61
PEG Ratio 3.63
Dividend 0.58
Dividend Yield 2.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.93
Resistance 3 (R3) 24.77 24.15 24.70
Resistance 2 (R2) 24.15 23.79 24.23 24.62
Resistance 1 (R1) 23.83 23.57 23.99 23.99 24.54
Pivot Point 23.21 23.21 23.29 23.29 23.21
Support 1 (S1) 22.89 22.85 23.05 23.05 22.50
Support 2 (S2) 22.27 22.63 22.35 22.42
Support 3 (S3) 21.95 22.27 22.35
Support 4 (S4) 22.11