PETROLEO BRASILEIRO-SPON ADR (PBR) Stock Technical Analysis
NYSE:PBR - New York Stock Exchange, Inc. - US71654V4086 - ADR - Currency: USD
Overall PBR gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PBR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PBR is a bad performer in the overall market: 75% of all stocks are doing better.
PBR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 61% of 213 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PBR has a been trading in the 11.04 - 13.22 range, which is quite wide. It is currently trading near the high of this range.
PBR has an average volume of 25187300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PBR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBR is lagging the market slightly.
PBR 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
11.11
15.08
We found 1 important support area.
- A support zone ranging from 11.22 to 11.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @13.82 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.43 to 14.93. 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 | NEUTRAL | NEUTRAL | The long term trend for PBR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBR is up. |
| ChartMill Relative Strength | 25.92 | NEGATIVE | PBR has a low relative strength, it was outperformed by 74.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.98 | NEUTRAL | The RSI value for PBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests PBR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.86 | OVERBOUGHT | The high Stochastics value suggests PBR may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for PBR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.88 | POSITIVE | The high ADX value value for PBR suggests a strong 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)
13.07
+0.07 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.54%
1 Week5.4%
2 Weeks17.11%
1 Month9.74%
3 Month-7.7%
6 Month0.23%
12 Month-7.24%
2 Year-5.5%
3 Year11.9%
5 Year58.04%
10 Year44.42%
15 Year-61.92%
Volatility
ATR(14)0.36
ATR(20)%2.45%
ATR Inc-27.93%
Range Today0.21
ADR(20)0.29
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.92
Mansfield-0.75
10 Day High13.23
10 Day Low11.04
20 Day High13.23
20 Day Low11.04
52 Week High15.73
52 Week Low11.03
CS1 End11.31
CR1 Start13.82
Volume & EV
DER(3)1.88%
DER(5)1.1%
Volume26.63M
Volume Incr52.33%
Vol(5)32.04M
Vol(50)25.19M