Question 1

What implications does the 10-day RSI indicator have for PARAA?

Accepted Answer

The 10-day RSI Indicator for PARAA moved out of overbought territory on August 12, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 25 instances where the indicator moved out of the overbought zone. In 20 of the 25 cases the stock moved lower in the days that followed. This puts the odds of a move down at 0%.

Question 2

What does the Stochastic Oscillator suggest about PARAA's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 3

How did PARAA's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 15, 2024. You may want to consider a long position or call options on PARAA as a result. In 67 of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for PARAA?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for PARAA turned negative on August 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In 31 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for PARAA?

Accepted Answer

Following a +4.98% 3-day Advance, the price is estimated to grow further. Considering data from situations where PARAA advanced for three days, in 218 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for PARAA's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PARAA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

How does the Aroon Indicator reflect on PARAA's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 150 of 197 cases where PARAA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

PARAA Stock Paramount Global (PARAA, $20.91) price exceeded its 50-day Moving Average on June 04, 2024

PARAA's RSI Indicator recovers from overbought zone

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