Country Icon

Petroleo Brasileiro S.A.- Petrobras (PBR) - Buy, Sell or Hold?

Sector: Energy   Sub-Sector: Oil & Gas Production
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 20 Jan 2017NoneDojiTue, 10 Jan 20171.63%
***Stock database and scans are updated around midnight (New York time) every trading day.
11.20 0.00 (0%) Jan 20 4:02pm EST
Open: 11.33 Range: 11.16 - 11.42 Vol: 13.65M Avg Vol: 24.06M
EPS: -2.61 P/E ratio: 0.00 EBITDA: 32.67B Mkt Cap: 73.05B
Analyze "PBR" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 11.22
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 10.77
Last Trade is above the 50 day moving average at 10.53
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 8.90
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of PBR

Stock Trend Analysis - Buy, Sell or Hold "Petroleo Brasileiro S.A.- Petrobras" (PBR)?

PBR is in a very strong uptrend. In the last 52 weeks, PBR has been trading above the 200 day moving average for 83% of the time with an average daily volume of 24.1M shares being traded. The 50 day moving average, currently at 10.53, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average, although in a trading range, generally confirms this view as the underlying strength in PBR still has a bullish bias with price maintaining above the 20 SMA for 57.5% of the time in the last two months of trading. Traders who are thinking of going long PBR shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 10.53 and 8.90 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "PBR".

The analyst consensus estimates for the 1 year price target for this stock is $11.05* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 20 Jan 2017
Energy Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
MROMarathon Oil CorporationBuy, Sell or HoldTrading Levels & Pivots
BPBP p.l.c.Buy, Sell or HoldTrading Levels & Pivots
ECAEncana CorporationBuy, Sell or HoldTrading Levels & Pivots
IOCInterOil CorporationBuy, Sell or HoldTrading Levels & Pivots
DVNDevon Energy CorporationBuy, Sell or HoldTrading Levels & Pivots
ESVENSCO plcBuy, Sell or HoldTrading Levels & Pivots
JOYJoy Global Inc.Buy, Sell or HoldTrading Levels & Pivots
SMPStandard Motor Products, Inc.Buy, Sell or HoldTrading Levels & Pivots
ARLPAlliance Resource Partners, L.P.Buy, Sell or HoldTrading Levels & Pivots
PXDPioneer Natural Resources CompanyBuy, Sell or HoldTrading Levels & Pivots