Paramount (PGRE) Benzinga·2025-03-10 18:03Core Insights - Paramount Global's stock has completed a Golden Cross, indicating strong upward momentum as the 50-day moving average crosses above the 200-day moving average [1] - The stock is trading above its five-day, 20-day, and 50-day exponential moving averages, reinforcing the bullish trend [2] - The Moving Average Convergence Divergence (MACD) indicator is at 0.27, signaling bullish territory, while the Relative Strength Index (RSI) is at 70.98, indicating overbought conditions but strong demand [3] Performance Metrics - Year-to-date, Paramount Global has gained 14.51%, with a 14.83% increase in the past month and a 7.5% rise over the last five days [4] - The stock's current price is $12.10, significantly above its 50-day and 200-day averages, suggesting continued buying pressure [1][2] Market Sentiment - Despite ongoing corporate changes, including a pending merger and leadership speculation, traders appear focused on momentum rather than internal issues [5] - The technical indicators suggest that as long as the stock remains above key moving averages, the bullish trend is likely to continue [5]