PARA, $22.89) was a top weekly gainer, with a +5.73% jump. How about considering PARAA?
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Based on the information provided, PARA and PARAA are two companies within the same industry, Movies/Entertainment. The comparison between these two companies shows some similarities and differences that can be analyzed from a technical analyst's perspective.
Firstly, let's compare the stock prices of PARA and PARAA. PARA is currently priced at $22.89, while PARAA is priced at $26.02. From a technical analyst's perspective, this difference indicates that PARAA is currently trading at a higher price level than PARA. However, it's important to note that a stock's price alone doesn't provide enough information to make a conclusive analysis.
Next, let's compare the brand notoriety of these two companies. PARA is described as notable, while PARAA is not notable. This difference in brand recognition could potentially have an impact on the market perception and demand for these companies' stocks.
Moving on to the volume comparison, PARA has a current volume relative to the 65-day moving average of 119%, while PARAA's volume is 83%. This suggests that PARA has higher trading activity than PARAA in recent days, which could be a sign of higher investor interest.
Finally, both companies have the same market capitalization of $15.02B, which means that they are similarly valued by the market. However, it's worth noting that the market capitalization of companies within the Movies/Entertainment industry varies greatly, with a range of $184.25B to $0 and an average of $6.52B. Therefore, market capitalization alone is not a sufficient measure to determine a company's financial strength and performance.
In terms of the earnings results, the information provided doesn't include any specific details. As a technical analyst, I would require access to the latest financial reports, revenue, earnings, and other key performance indicators to perform a more detailed analysis of these companies' earnings results.
Based on the information provided, PARA and PARAA are two companies within the Movies/Entertainment industry that have some similarities and differences. While both companies have the same market capitalization, PARA has a higher volume relative to the 65-day moving average and is described as notable, while PARAA has a higher stock price. However, further analysis is required to fully evaluate their financial performance and potential investment opportunities.
PARA sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for PARA moved below the 200-day moving average on May 17, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 04, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PARA as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PARA turned negative on May 04, 2023. 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 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .
PARA moved below its 50-day moving average on May 04, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for PARA crossed bearishly below the 50-day moving average on May 08, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PARA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PARA's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 15 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PARA advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .
PARA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 219 cases where PARA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.445) is normal, around the industry mean (4.218). P/E Ratio (15.924) is within average values for comparable stocks, (72.015). Projected Growth (PEG Ratio) (0.994) is also within normal values, averaging (2.646). Dividend Yield (0.064) settles around the average of (0.058) among similar stocks. P/S Ratio (0.322) is also within normal values, averaging (110.239).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. PARA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PARA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
Notable companies
Industry description
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High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
