Technical Analysis for PARA - Paramount Global

Grade Last Price % Change Price Change
D 10.15 -2.36% -0.25
PARA closed down 2.41 percent on Monday, July 1, 2024, on 60 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.05%
MACD Bullish Signal Line Cross Bullish 0.05%
Wide Bands Range Expansion 0.05%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.36%
Wide Bands Range Expansion -2.36%
Multiple of Ten Bullish Other -1.12%
Wide Bands Range Expansion -1.12%
NR7 Range Contraction 1.76%
Narrow Range Bar Range Contraction 1.76%
Multiple of Ten Bearish Other 1.76%

   Recent Intraday Alerts

Alert Time
Down 3% about 5 hours ago
Fell Below 10 DMA about 5 hours ago
10 DMA Support about 6 hours ago
Down 2 % about 8 hours ago
Non-ADX 1,2,3,4 Bearish Retracement Entry about 8 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 17.2807
52 Week Low 9.54
Average Volume 18,599,265
200-Day Moving Average 12.47
50-Day Moving Average 11.73
20-Day Moving Average 10.80
10-Day Moving Average 10.08
Average True Range 0.48
RSI (14) 39.39
ADX 26.8
+DI 17.61
-DI 28.88
Chandelier Exit (Long, 3 ATRs) 11.54
Chandelier Exit (Short, 3 ATRs) 10.98
Upper Bollinger Bands 12.67
Lower Bollinger Band 8.93
Percent B (%b) 0.32
BandWidth 34.57
MACD Line -0.48
MACD Signal Line -0.49
MACD Histogram 0.0084
Fundamentals Value
Market Cap 6.19 Billion
Num Shares 611 Million
EPS -2.33
Price-to-Earnings (P/E) Ratio -4.35
Price-to-Sales 0.29
Price-to-Book 0.39
PEG Ratio 2.30
Dividend 0.58
Dividend Yield 5.72%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.78
Resistance 3 (R3) 10.82 10.65 10.67
Resistance 2 (R2) 10.65 10.49 10.63 10.64
Resistance 1 (R1) 10.40 10.39 10.31 10.35 10.60
Pivot Point 10.23 10.23 10.18 10.20 10.23
Support 1 (S1) 9.97 10.06 9.89 9.93 9.68
Support 2 (S2) 9.80 9.96 9.78 9.64
Support 3 (S3) 9.55 9.80 9.61
Support 4 (S4) 9.50