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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Long-Term Downtrend (-90) - PBR.A is in a strong downtrend that is likely to continue. While PBR.A 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.A?

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

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

NYSE_PBR.A
Open High Low PBR.A Price Change
13.320 13.430 13.225 13.320 +0.030
Entry Signal

MarketClub’s Trade Triangles for PBR.A

long term down The long-term trend has been DOWN since Jun 7th, 2024 at 14.0849

intermediate term down The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 13.4800

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 13.9900

Smart Scan Analysis for PBR.A

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

-90
Smart Scan Analysis for PBR.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.320 13.430 13.225 13.320 +0.030
Prev. Close Volume Bid Ask Time
13.290 3077654 2024-07-26 15:59:50
Year High15.51Year High Date2018-10-29
Year Low7.55Year Low Date2018-06-07
52wk High17.3252wk High Date2024-02-28
52wk Low12.0852wk Low Date2023-08-08
Year End Close19.31Average Volume3,746,462
Shares Outstanding1,807,744Short Interest14,220,984
% Institutional11.1Assets106,729,200M
Liabilities659,656,000MP/E Ratio7.7993
Beta1.71Volatility58.67
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