- Petróleo Brasileiro S.A. (PBR)
- Point and Figure Chart
Petróleo Brasileiro S.A. (PBR)
Petróleo Brasileiro S.A. continues to attract attention as it climbs the SIA International ADR Report leaderboard, pushing up 151 spots over the past month and 114 spots over the past quarter; a notable shift in relative strength even as global energy markets evolve. Against a backdrop of broad sector gains and ongoing developments in oil markets, this placement highlights how Petrobras’ recent performance compares within its ADR universe.
Petrobras carries an SIA SMAX Score of 9 out of 10, reflecting strong alignment across SIA technical and relative strength measures. The stock appears at 64 out of 256 in the SIA International ADR Report, placing it solidly within the favoured universe. This relative movement accompanies industry-wide energy dynamics, including expanding proven reserves and evolving production profiles that have supported recent sales agreements and deeper market penetration in key regions.
Point and Figure Chart
From a technical perspective, 3-box reversal support is identified at $14.49, with additional support at $13.12. Upside resistance is identified at $18.74, based on a vertical count from the 2024 consolidation zone, followed by $19.89, derived from a vertical and horizontal count of the 2025 spread double top consolidation zone. The most recent point and figure signal is a Triple Top, which may suggest continued participation if prevailing conditions remain intact.
Performance metrics show monthly, quarterly, and yearly returns of 33.29%, 19.35%, and 17.83%, respectively. By comparison, the iShares ACWX ex US Index ETF recorded monthly, quarterly, and yearly returns of 6.51%, 11.62%, and 38.22%, indicating strong relative performance over shorter time frames. While the broader energy complex faces varying cycles, Petrobras’ recent ranking shifts and price behaviour continue to underscore interest in its evolving operational and market profile.
Petrobras is a Brazilian multinational energy company engaged in the exploration, production, refining, and distribution of oil and gas, with particular expertise in deepwater and ultra-deepwater offshore drilling. Its operations extend across major offshore basins and include participation in renewable and biofuel initiatives, reflecting a broadened business scope even as traditional hydrocarbon markets remain a core driver.
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