PETROLEO BRASILEIRO-SPON ADR (PBR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PBR - US71654V4086 - ADR
12.24 USD
+0.11 (+0.91%)
12.35 USD
+0.11 (+0.9%)
Overall PBR gets a technical rating of 1 out of 10. PBR'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.
When comparing the yearly performance of all stocks, PBR is a bad performer in the overall market: 72% of all stocks are doing better.
PBR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 209 stocks in the same industry do better.
In the last month PBR has a been trading in the 12.09 - 13.62 range, which is quite wide. It is currently trading near the lows of this range.
PBR has an average volume of 22698900 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 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PBR is lagging the market.
The technical rating of PBR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.20
14.13
2 important support areas can be observed.
- A support zone ranging from 11.73 to 11.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 11.31 to 11.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.84 to 13.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.99 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 is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBR is neutral. |
| ChartMill Relative Strength | 28.4 | NEGATIVE | PBR has a low relative strength, it was outperformed by 71.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBR is below a declining 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) | 39.8 | NEUTRAL | The RSI value for PBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PBR has a negative trend. |
| Stochastics (14,3) | 33.8 | NEUTRAL | The Stochastics value for PBR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PBR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for PBR 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)
12.24
+0.11 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.91%
1 Week-3.27%
2 Weeks-5.09%
1 Month-0.08%
3 Month-0.66%
6 Month7.16%
12 Month-12.48%
2 Year-24.05%
3 Year13.9%
5 Year8.01%
10 Year182.09%
15 Year-67.94%
Volatility
ATR(14)0.29
ATR(20)%2.9%
ATR Inc110.64%
Range Today0.22
ADR(20)0.32
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.4
3 months CRS39.94
6 months CRS55.29
Mansfield-1.49
10 Day High13.01
10 Day Low12.09
20 Day High13.62
20 Day Low12.09
52 Week High14.98
52 Week Low11.03
CS1 End11.84
CR1 Start12.84
Volume & EV
DER(3)-5.73%
DER(5)-3.59%
Volume20.49M
Volume Incr-9.16%
Vol(5)18.79M
Vol(50)22.70M
PETROLEO BRASILEIRO-SPON ADR / PBR FAQ
Can you provide the ChartMill technical rating for PETROLEO BRASILEIRO-SPON ADR?
ChartMill assigns a technical rating of 1 / 10 to PBR.
What is the trend direction for PBR stock?
The current trend direction for PETROLEO BRASILEIRO-SPON ADR (PBR) is Bearish.
What is the RSI signal for PBR stock?
PETROLEO BRASILEIRO-SPON ADR (PBR) has an RSI value of 39.7974. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PETROLEO BRASILEIRO-SPON ADR?
The short term momentum for PETROLEO BRASILEIRO-SPON ADR (PBR) is neutral.