Sell signal at week 2
Petroleo Brasileiro: decline in observation, trading not recommended
Sell signal at week 2
In Summary
Petroleo Brasileiro SA is in its 2nd week of a sell signal on the New York Stock Exchange: the latest week closed with indecision and a limited decline, but the weekly trend remains bearish and the energy sector is showing weakness. The quality band flags trading as not recommended — the stock still operates 30% above the 200-week moving average — and ranks 66th among the 114 US sell signals.
IQS Phase
59
ordinary
Signal Strength
24
indecisive week
Sizing
MINIMUM
Ranking
#66 / 114
US stocks sell signals
Trade P&L %
+2.08%
from signal to today
restricted Platinum content