Paramount Global A: KDJ Golden Cross Triggered, Bullish Marubozu Pattern Formed on 15min Chart.

According to the 15-minute chart for Paramount Global A, a significant technical indicator, the KDJ Golden Cross, has been triggered. This bullish signal, accompanied by a Bullish Marubozu at 08/06/2025 11:45, indicates a shift in momentum towards an upward trajectory, with a potential for further price appreciation. Given the control of buyers in the market, it is likely that bullish momentum will persist.

According to the 15-minute chart for Paramount Global A (PGAL), a significant technical indicator has been triggered: the KDJ Golden Cross. This bullish signal, accompanied by a Bullish Marubozu at 08/06/2025 11:45, indicates a shift in momentum towards an upward trajectory, with a potential for further price appreciation [1]. Given the control of buyers in the market, it is likely that bullish momentum will persist.

The KDJ Golden Cross, a crossover of the Kijun Sen (fast line) above the Tenkan Sen (slow line), suggests a bullish trend reversal. The Bullish Marubozu, characterized by a long body without upper or lower shadows, signifies strong buying pressure and a potential continuation of the uptrend [1]. These indicators suggest that the stock price has declined precipitously and has fallen below fundamental support levels, but the dominance of buyers in the market is likely to continue, supporting the bullish momentum.

Investors should closely monitor PGAL's stock price and consider the potential for further price appreciation. However, it is essential to note that technical indicators are not infallible and should be used in conjunction with fundamental analysis for a comprehensive investment strategy [1].

Moreover, Barrington Research has increased their Q2 2025 earnings per share estimate for PGAL from $0.08 to $0.33, reflecting a bullish outlook [2]. This optimism is supported by the recent quarterly dividend of $0.05, translating to an annualized dividend yield of 1.6% [2]. Despite varying analyst ratings, the consensus rating for PGAL's stock is currently "Hold" with an average target price of $11.60 [2].

Institutional investors and hedge funds have also shown interest in PGAL, with several large investors acquiring new positions in the stock [2]. This increased interest and the recent technical indicators suggest that PGAL may be poised for further price appreciation.

References:
[1] https://www.ainvest.com/news/paramount-global-15min-chart-shows-rsi-oversold-kdj-golden-cross-bullish-marubozu-2508-21/
[2] https://www.marketbeat.com/instant-alerts/barrington-research-has-bullish-outlook-for-para-q2-earnings-2025-08-01/