PETROLEO BRASILEIRO-SPON ADR (PBR)

US71654V4086 - ADR

17.1  +0.47 (+2.83%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to PBR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PBR is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PBR is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, PBR also shows a nice and consistent pattern of rising prices.
PBR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 214 stocks in the same industry.
PBR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PBR is performing more or less in line with the market.
In the last month PBR has a been trading in the 14.87 - 17.17 range, which is quite wide. It is currently trading near the high of this range.
PBR has an average volume of 22939400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
PBR Weekly chart
PBR Daily chart
Setup Rating and Analysis

2

Although PBR has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

13.91

17.88

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 15.83 to 16.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.11 from a trend line in the weekly time frame.
  • A support zone ranging from 14.40 to 14.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.05 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 17.70 to 17.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.84
Mansfield0.46
10 Day High17.17
10 Day Low15.34
20 Day High17.17
20 Day Low14.87
52 Week High17.91
52 Week Low10.01
Performance
1 Week9.44%
2 Weeks6.56%
1 Month14.2%
3 Month0%
6 Month11.22%
12 Month60.55%
2 Year25.64%
3 Year101.06%
5 Year11.95%
10 Year22.84%
15 Year-49.21%
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)67.49
LBB15.09
UBB17.25
PBR Daily chart

PETROLEO BRASILEIRO-SPON ADR

NYSE:PBR (4/26/2024, 1:50:02 PM)

17.1

+0.47 (+2.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.83%
1 Week9.44%
2 Weeks6.56%
1 Month14.2%
3 Month0%
6 Month11.22%
12 Month60.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%2.61%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.17
10 Day Low15.34
20 Day High17.17
20 Day Low14.87
52 Week High17.91
52 Week Low10.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.10M
Volume Incr19.03%
Vol(5)24.28M
Vol(50)22.94M