PBR Stock Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) (PBR, $15.56) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 15, 2024

A.I.dvisor
at Tickeron.com
05/16/24
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PBR - Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share)
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $15.56
Daily change: -$1.13 (-6.77%)
Daily volume: 69.5M
Industry: Integrated Oil
This is a Bearish indicator signaling PBR's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 44 similar cases where PBR's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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PBRDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a company which engages in exploration, refining and processing of oil and natural gas

Industry IntegratedOil

Profile
Fundamentals
Details
Industry
Integrated Oil
Address
Avenida Republica do Chile, 65
Phone
+55 2132242401
Employees
38682
Web
https://www.petrobras.com.br