Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PBR
The long-term trend has been DOWN since Nov 7th, 2022 at 11.8450
The intermediate-term trend has been DOWN since Mar 1st, 2023 at 10.7147
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).
| 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 High | 17.2 | Year High Date | 2018-05-16 |
| Year Low | 9.02 | Year Low Date | 2018-06-19 |
| 52wk High | 16.32 | 52wk High Date | 2022-10-21 |
| 52wk Low | 8.88 | 52wk Low Date | 2022-12-14 |
| Year End Close | 19.47 | Average Volume | 25,716,791 |
| Shares Outstanding | 4,344,416 | Short Interest | 9,076,001 |
| % Institutional | 8 | Market Cap | 95,027M |
| Assets | 947,574,000M | Liabilities | 575,076,000M |
| Beta | 1.67 | Volatility | 50 |