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Stock Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)

Long-Term Downtrend (-90) - PBR is in a strong downtrend that is likely to continue. While PBR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PBR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PBR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_PBR
Open High Low PBR Price Change
14.73 14.75 14.21 14.59 +0.05
Entry Signal

MarketClub’s Trade Triangles for PBR

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 14.300

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 16.740

short term down The short-term trend has been DOWN since Mar 8th, 2024 at 16.285

Smart Scan Analysis for PBR

Based on our trend formula, PBR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.73 14.75 14.21 14.59 +0.05
Prev. Close Volume Bid Ask Time
14.59 22528831 2024-03-18 16:00:00
Year High17.2Year High Date2018-05-16
Year Low9.02Year Low Date2018-06-19
52wk High17.9152wk High Date2024-02-27
52wk Low9.5652wk Low Date2023-03-24
Year End Close19.47Average Volume26,172,604
Shares Outstanding4,344,416Short Interest9,076,001
% Institutional8Market Cap95,027M
Assets105,088,800MLiabilities670,447,000M
Beta1.67Volatility50
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