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Actionable news in PBR: PETROLEO BRASILEIRO S.A.-PETROBRAS ADS (REP 1 COMMON SHARE),

Petroleo Brasileiro SA Petrobras (PBR) Is Today's Dead Cat Bounce Stock

Trade-Ideas LLC identified Petroleo Brasileiro SA Petrobras ( PBR) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Petroleo Brasileiro SA Petrobras as such a stock due to the following factors:

  • PBR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $169.9 million.
  • PBR has traded 1.3 million shares today.
  • PBR is up 3.1% today.
  • PBR was down 6.9% yesterday.

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