Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR)
Weak Uptrend (+65) - PBR is showing signs of weakening momentum to the upside. Monitor PBR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for PBR
The long-term trend has been UP since Jun 5th, 2023 at 12.41
The intermediate-term trend has been UP since Oct 16th, 2023 at 15.58
The short-term trend has been DOWN since Nov 22nd, 2023 at 15.69
Smart Scan Analysis for PBR
Based on our trend formula, PBR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.2||Year High Date||2018-05-16|
|Year Low||9.02||Year Low Date||2018-06-19|
|52wk High||16.545||52wk High Date||2023-10-18|
|52wk Low||8.88||52wk Low Date||2022-12-14|
|Year End Close||19.47||Average Volume||17,000,171|
|Shares Outstanding||4,344,416||Short Interest||9,076,001|
|% Institutional||8||Market Cap||95,027M|