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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

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

Sidelines Mode (-55) - PBR.A is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
14.4700 14.5600 14.3800 14.5413 -0.0887
Entry Signal

MarketClub’s Trade Triangles for PBR.A

long term up The long-term trend has been UP since Apr 14th, 2023 at 10.69

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2024 at 15.52

short term up The short-term trend has been UP since May 28th, 2024 at 14.67

Smart Scan Analysis for PBR.A

Based on our trend formula, PBR.A is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PBR.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4700 14.5600 14.3800 14.5413 -0.0887
Prev. Close Volume Bid Ask Time
14.6300 1311648 2024-05-29 11:01:13
Year High15.51Year High Date2018-10-29
Year Low7.55Year Low Date2018-06-07
52wk High17.3252wk High Date2024-02-28
52wk Low10.2352wk Low Date2023-05-31
Year End Close19.31Average Volume6,594,271
Shares Outstanding1,807,744Short Interest14,220,984
% Institutional11.1Assets106,729,200M
Liabilities659,656,000MP/E Ratio8.5857
Beta1.71Volatility58.67
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