PBR.A NEWS why is Petroleo Brasileiro S.a.- Petrobras price falling or rising

PBR.A NEWS reasons for why stock price of Petroleo Brasileiro S.a.- Petrobras is falling or rising

PBR.A Petroleo Brasileiro is falling or rising technical reasons

Technical analysis forecast for Petroleo Brasileiro Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Petroleo Brasileiro PBR.A at this time. Stock is falling and might fall more.

It appears as if Petroleo Brasileiro PBR.A gave a large move recently.

Stock of Petroleo Brasileiro (PBR.A) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Petroleo Brasileiro is bearish for shortterm, and stock might move down till 13.3 or till 13. Use a stoploss of 13.54 and if the stock hits stoploss, then it can shoot up till 13.79

PBR.A Petroleo Brasileiro is falling or rising NEWS fundamental reasons

More announcements and NEWS

PBR.A Petroleo Brasileiro S.a.- Petrobras current price & indicator signals

Moving Averages for Petroleo Brasileiro S.a.- Petrobras

  • 5Day Average: 13.66
  • 12Day Average: 13.56
  • 20Day Average: 13.46
  • 50Day Average: 13.55
  • 100Day Average: 13.64
  • 150Day Average: 14.18
  • 200Day Average: 14.66

PBR.A Indicators & signals

Indicator MACD (12,26,9)

13.56, 13.53, 0.01
Indicator MACD is in positive zone

Indicator ADX (14)

12.5, 22.58, 29.03
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PBR.A Petroleo Brasileiro S.a.- Petrobras are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Thu Oct 2024 13.50 13.41 to 13.53 1.28% 0.49 times
09 Wed Oct 2024 13.33 13.24 to 13.40 -1.84% 0.55 times
08 Tue Oct 2024 13.58 13.48 to 13.75 -2.93% 0.58 times
07 Mon Oct 2024 13.99 13.85 to 14.01 0.65% 1.34 times
04 Fri Oct 2024 13.90 13.75 to 13.92 0.22% 0.46 times
03 Thu Oct 2024 13.87 13.57 to 13.91 0.8% 0.9 times
02 Wed Oct 2024 13.76 13.72 to 13.98 1.55% 0.7 times
01 Tue Oct 2024 13.55 13.14 to 13.73 2.73% 1.03 times
30 Mon Sep 2024 13.19 13.11 to 13.28 -0.6% 0.56 times
27 Fri Sep 2024 13.27 13.21 to 13.36 0.23% 2.87 times
26 Thu Sep 2024 13.24 13.22 to 13.40 -2.07% 1.01 times
25 Wed Sep 2024 13.52 13.48 to 13.65 0.22% 0.64 times

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PBR.A NEWS why is Petroleo Brasileiro S.a.- Petrobras price falling or rising

 

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