PETROLEO BRASIL-SP PREF ADR (PBR.A) Stock Technical Analysis
NYSE:PBR.A - New York Stock Exchange, Inc. - US71654V1017 - ADR - Currency: USD
Overall PBR.A gets a technical rating of 1 out of 10. PBR.A's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
80% of all other stocks performed better in the past year than PBR.A.
PBR.A is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBR.A is lagging the market.
PBR.A has an average volume of 6599570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PBR.A is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 40% of 213 stocks in the same industry.
In the last month PBR.A has a been trading in the 10.40 - 11.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PBR.A has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.34
13.73
We found 1 important support area.
- A support zone ranging from 10.44 to 10.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.25 to 11.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.51 to 12.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.06 to 13.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.46 to 13.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PBR.A is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBR.A is neutral. |
| ChartMill Relative Strength | 20.28 | NEGATIVE | PBR.A has a low relative strength, it was outperformed by 79.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBR.A is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBR.A is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBR.A is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for PBR.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PBR.A has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.21 | NEUTRAL | The Stochastics value for PBR.A is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for PBR.A suggests some volalility. |
| Average Directional Index/ADX (14) | 18.33 | NEGATIVE | The low ADX value for PBR.A suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.08
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.09%
1 Week-1.86%
2 Weeks1%
1 Month2.97%
3 Month-17.5%
6 Month-18.47%
12 Month-21.59%
2 Year7.78%
3 Year-11.85%
5 Year46.95%
10 Year43.34%
15 Year-64.22%
Volatility
ATR(14)0.23
ATR(20)%2.26%
ATR Inc-4.19%
Range Today0.27
ADR(20)0.22
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.28
Mansfield-1.45
10 Day High11.49
10 Day Low10.82
20 Day High11.49
20 Day Low10.41
52 Week High14.84
52 Week Low10.28
CS1 End10.52
CR1 Start11.25
Volume & EV
DER(3)0.83%
DER(5)-1.24%
Volume5.17M
Volume Incr-14.82%
Vol(5)5.48M
Vol(50)6.60M