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PBR forms 20 Day Moving Average Support on July 9
On Thursday, July 9th, PBR moved down 1.22% while volume was to 1.2× the usual levels. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Bearish Engulfing and 1,2,3 Retracement Bearish and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.85, 16.66 & 16.45, with resistance at 17.25, 17.46 & 17.65.
Current SwingTradeBot Technical Rating of PBR: C
Traders are watching PBR for a reason. See the full signal list.
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