Paramount Global A's 15-minute chart has triggered a KDJ Death Cross and a Bearish Marubozu formation at 08:01:2025 15:45, indicating a shift in the stock price's momentum towards the downside and a potential for further decreases. Sellers are currently in control of the market, and it is likely that bearish momentum will continue.
Paramount Global (PARA) has experienced a notable intraday decline, falling by 10.9% to $11.85, amidst pre-earnings jitters and uncertainty surrounding its pending merger with Skydance. The stock's price action was further influenced by a KDJ Death Cross and a Bearish Marubozu formation, indicating a shift in momentum towards the downside [2].
The technical indicators suggest that sellers are currently in control of the market, and bearish momentum is likely to continue. The KDJ Death Cross, which occurred at 08:01:2025 15:45, signals a potential for further price decreases, while the Bearish Marubozu formation reinforces this bearish sentiment [2].
Analysts remain divided on the long-term potential of Paramount Global, with the mean target of $11.67 barely above the current price. The stock is trading in a narrow range of $11.54–$12.45, reflecting investor caution ahead of its Q2 earnings report on August 14 [2].
The merger with Skydance, set to close on August 7, introduces strategic uncertainty. While the deal aims to reshape the media landscape by integrating Skydance's animation and AI capabilities, it also introduces regulatory, operational, and reputational risks [2]. The recent settlement with Donald Trump and concessions on diversity, equity, and inclusion (DEI) programs at CBS News have already drawn congressional scrutiny, adding to the uncertainty [2].
Paramount Global's earnings report will be closely watched, with analysts forecasting a 31.5% year-over-year EPS decline. The stock's 52-week low of $9.95 looms as a critical support level, and technical indicators suggest a high-stakes battle between bearish momentum and long-term catalysts [2].
Investors should monitor the 8/15 expiration cycle for directional clarity. If PARA breaks below $11.54, the PARA20250815P12 put offers a high-probability, high-reward play, with a 23.53% potential price change [2].
References:
[1] https://www.benzinga.com/analyst-stock-ratings/reiteration/25/08/46801548/paramounts-streaming-push-propels-q2-win-analyst-says-more-to-come
[2] https://www.ainvest.com/news/paramount-global-plunged-10-9-fueling-panic-earnings-2507/
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