PETROLEO BRASIL-SP PREF ADR (PBR.A) Stock Technical Analysis
USA - NYSE:PBR.A - US71654V1017 - ADR
11.61 USD
-0.02 (-0.17%)
11.69 USD
+0.08 (+0.69%)
Overall PBR.A gets a technical rating of 4 out of 10. PBR.A has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
82% of all other stocks performed better in the past year than PBR.A.
PBR.A is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 64% are performing better than PBR.A.
PBR.A has an average volume of 6512640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PBR.A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PBR.A is lagging the market.
In the last month PBR.A has a been trading in the 11.22 - 12.29 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 an average technical rating and it also does not offer a high quality setup 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
10.51
12.80
2 important support areas can be observed.
- A support zone ranging from 11.11 to 11.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.80 to 12.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.67 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PBR.A is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBR.A is neutral. |
| ChartMill Relative Strength | 18.41 | NEGATIVE | PBR.A has a low relative strength, it was outperformed by 81.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PBR.A is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBR.A is above the rising 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) | 46.15 | NEUTRAL | The RSI value for PBR.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PBR.A has a negative trend. |
| Stochastics (14,3) | 13.76 | OVERSOLD | The low Stochastics value suggests PBR.A may be oversold. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for PBR.A suggests low volalility. |
| Average Directional Index/ADX (14) | 13.85 | 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)
11.61
-0.02 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.17%
1 Week-3.89%
2 Weeks-0.6%
1 Month2.74%
3 Month-2.52%
6 Month-2.19%
12 Month-16.47%
2 Year-16.05%
3 Year0.87%
5 Year75.64%
10 Year190.98%
15 Year-62.78%
Volatility
ATR(14)0.21
ATR(20)%1.82%
ATR Inc-15.95%
Range Today0.12
ADR(20)0.2
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.41
Mansfield-1.34
10 Day High12.29
10 Day Low11.56
20 Day High12.29
20 Day Low11.22
52 Week High14.01
52 Week Low10.28
CS1 End11.24
CR1 Start11.8
Volume & EV
DER(3)-3.06%
DER(5)-4.84%
Volume4.77M
Volume Incr-3.9%
Vol(5)6.55M
Vol(50)6.51M