Technical Analysis for PARA - Paramount Global

Grade Last Price % Change Price Change
D 10.56 -0.19% -0.02
PARA closed up 2.42 percent on Wednesday, November 20, 2024, on 1.12 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness -0.19%
Oversold Stochastic Weakness -0.19%
NR7 Range Contraction 2.23%
Down 3 Days in a Row Weakness 2.23%
Gapped Down Weakness 2.23%
20 DMA Resistance Bearish -0.47%
Fell Below 50 DMA Bearish -0.47%
MACD Bearish Signal Line Cross Bearish -0.47%
Fell Below 20 DMA Bearish -2.58%
Fell Below 200 DMA Bearish -2.58%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 18 hours ago
Up 2% about 18 hours ago
Possible NR7 about 20 hours ago
Possible Inside Day about 20 hours ago
Up 1% about 24 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: S&P 500 Telecommunications Television Mass Media Video On Demand Pay Television Media Platform Basic Cable Networks Cable Subscription Services Nickelodeon On Demand And Live Streaming Services Paramount Pictures Paramount+ Pluto Tv Subscription Cable Networks Viacomcbs Viacomcbs Streaming

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 17.199
52 Week Low 9.4949
Average Volume 7,749,382
200-Day Moving Average 11.17
50-Day Moving Average 10.63
20-Day Moving Average 10.89
10-Day Moving Average 11.05
Average True Range 0.31
RSI (14) 45.65
ADX 21.57
+DI 14.75
-DI 27.03
Chandelier Exit (Long, 3 ATRs) 10.65
Chandelier Exit (Short, 3 ATRs) 11.16
Upper Bollinger Bands 11.72
Lower Bollinger Band 10.06
Percent B (%b) 0.31
BandWidth 15.21
MACD Line 0.05
MACD Signal Line 0.14
MACD Histogram -0.0914
Fundamentals Value
Market Cap 6.46 Billion
Num Shares 611 Million
EPS -2.33
Price-to-Earnings (P/E) Ratio -4.54
Price-to-Sales 0.29
Price-to-Book 0.39
PEG Ratio 2.30
Dividend 0.58
Dividend Yield 5.48%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.05
Resistance 3 (R3) 11.00 10.80 10.97
Resistance 2 (R2) 10.80 10.68 10.82 10.94
Resistance 1 (R1) 10.69 10.61 10.74 10.74 10.92
Pivot Point 10.49 10.49 10.51 10.51 10.49
Support 1 (S1) 10.38 10.37 10.43 10.43 10.24
Support 2 (S2) 10.18 10.30 10.20 10.22
Support 3 (S3) 10.07 10.18 10.19
Support 4 (S4) 10.12