Technical Analysis for PTRRY - Petro Rio S.A.

Grade Last Price % Change Price Change
C 5.8500 -2.50% -0.1500
PTRRY closed down 2.5 percent on Thursday, March 23, 2023, on 7 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
Hot IPO Pullback Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Hot IPO Pullback Bullish Swing Setup -2.50%
Volume Surge Other -2.50%
Narrow Range Bar Range Contraction -2.50%
Hot IPO Pullback Bullish Swing Setup -2.50%
Narrow Range Bar Range Contraction -2.50%
Down 3 Days in a Row Weakness -2.50%
Gapped Down Weakness -2.50%

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Profile

Petro Rio S.A. Description

Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia. In addition, it imports, exports, refines, sells, and distributes oil, natural gas, fuels, and oil by-products; engages in the generation, sale, and distribution of electric power, as well as holds interests in other companies. The company was formerly known as HRT Participações em Petróleo S.A. and changed its name to Petro Rio S.A. in June 2015. Petro Rio S.A. was incorporated in 2009 and is headquartered in Rio de Janeiro, Brazil.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Natural Gas Properties Geography Of South America Petrobras

Is PTRRY 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 10.6
52 Week Low 3.52
Average Volume 1,536
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.0000
10-Day Moving Average 6.7360
Average True Range 1.0670
RSI 47.37
ADX 0.0
+DI 47.3981
-DI 52.6019
Chandelier Exit (Long, 3 ATRs) N/A
Chandelier Exit (Short, 3 ATRs) N/A
Upper Bollinger Bands 0.0000
Lower Bollinger Band 0.0000
Percent B (%b) 0.0
BandWidth 0.0000
MACD Line -0.2553
MACD Signal Line -0.0914
MACD Histogram -0.1639
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.8500
Resistance 3 (R3) 5.8500 5.8500 5.8500
Resistance 2 (R2) 5.8500 5.8500 5.8500 5.8500
Resistance 1 (R1) 5.8500 5.8500 5.8500 5.8500 5.8500
Pivot Point 5.8500 5.8500 5.8500 5.8500 5.8500
Support 1 (S1) 5.8500 5.8500 5.8500 5.8500 5.8500
Support 2 (S2) 5.8500 5.8500 5.8500 5.8500
Support 3 (S3) 5.8500 5.8500 5.8500
Support 4 (S4) 5.8500