Technical Analysis for PBR.A - Petroleo Brasileiro S.A.- Petrobras

Grade Last Price % Change Price Change
grade D 8.74 5.81% 0.48
PBR.A closed up 5.81 percent on Wednesday, August 5, 2020, on 61 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Flat
Historical PBR.A trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Gapped Up Strength 0.00%
Lower Bollinger Band Touch Weakness 5.81%
Fell Below 50 DMA Bearish 6.72%
Down 3 Days in a Row Weakness 6.72%
Gapped Down Weakness 6.72%
Fell Below 20 DMA Bearish 2.46%
MACD Bearish Signal Line Cross Bearish 2.46%
Outside Day Range Expansion 2.46%

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Profile

Petróleo Brasileiro S.A. – Petrobras operates as an integrated oil and gas company in Brazil and internationally. Its Exploration and Production segment is engaged in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; sale and transfer of crude oil in domestic and foreign markets; and sale of oil products produced at natural gas processing plants. The company's Refining, Transportation, and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, as well as exports ethanol and invests in petrochemical companies. This segment is also engaged in the extraction and processing of shale. This segment's products include gasoline, diesel, and residential liquefied petroleum gas. The company's Gas and Power segment is engaged in the transportation and trade of natural gas; transportation and trade of liquid natural gas; generation and trade of electricity; holding interests in natural gas distribution and thermoelectric power stations; and fertilizer business. Its Biofuel segment is involved in the production of biodiesel and its co-products, as well as in the production and marketing of ethanol, sugar, and the electric power generated from sugarcane bagasse. The company's Distribution segment distributes oil products, ethanol, and vehicle natural gas in Brazil to retail, commercial, and industrial customers, as well as other fuel wholesalers. Its International segment is engaged in the exploration, production, refining, transportation, marketing, and distribution of gas and power in the Americas, Africa, Europe, and Asia. As of December 31, 2013, the company had proved developed oil and gas reserves of 7,605.8 million barrels of oil equivalent (mmboe) and proved undeveloped reserves of 4,934.5 mmboe in Brazil. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.
Energy Chemistry Transportation Natural Gas Petroleum Industry Electricity Crude Oil Oil And Gas Petroleum Natural Gas Liquids Oil Equivalent Petroleum Industry In Canada Petroleum Gas Downstream Natural Gas Distribution Oil Products Co Products Natural Gas Processing Plants Oil And Gas Reserves Petrobras Liquid Natural Gas Fuel Wholesalers

Is PBR/A a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.665
52 Week Low 4.16
Average Volume 8,201,313
200-Day Moving Average 10.38
50-Day Moving Average 8.36
20-Day Moving Average 8.64
10-Day Moving Average 8.70
Average True Range 0.36
ADX 13.28
+DI 27.27
-DI 26.93
Chandelier Exit (Long, 3 ATRs ) 8.05
Chandelier Exit (Short, 3 ATRs ) 9.07
Upper Bollinger Band 9.17
Lower Bollinger Band 8.10
Percent B (%b) 0.59
BandWidth 12.43
MACD Line 0.10
MACD Signal Line 0.17
MACD Histogram -0.0663
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.08
Resistance 3 (R3) 9.08 8.97 9.02
Resistance 2 (R2) 8.97 8.89 8.97 9.00
Resistance 1 (R1) 8.86 8.83 8.92 8.85 8.98
Pivot Point 8.75 8.75 8.78 8.75 8.75
Support 1 (S1) 8.63 8.66 8.69 8.63 8.50
Support 2 (S2) 8.52 8.61 8.52 8.48
Support 3 (S3) 8.41 8.52 8.46
Support 4 (S4) 8.40