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Stock Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

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

Countertrend Down (-85) - PBR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low PBR Price Change
9.9300 10.0999 9.8950 10.0050 +0.2350
Entry Signal

MarketClub’s Trade Triangles for PBR

long term down The long-term trend has been DOWN since Nov 7th, 2022 at 11.8450

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 10.7147

short term up The short-term trend has been UP since Mar 21st, 2023 at 10.0500

Smart Scan Analysis for PBR

Based on our trend formula, PBR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PBR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9300 10.0999 9.8950 10.0050 +0.2350
Prev. Close Volume Bid Ask Time
10.0000 17742751 2023-03-21 15:59:38
Year High17.2Year High Date2018-05-16
Year Low9.02Year Low Date2018-06-19
52wk High16.3252wk High Date2022-10-21
52wk Low8.8852wk Low Date2022-12-14
Year End Close19.47Average Volume25,716,791
Shares Outstanding4,344,416Short Interest9,076,001
% Institutional8Market Cap95,027M
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