Petroleo Brasileiro S.A. - Petrobras SMA 50
What is the SMA 50 of Petroleo Brasileiro S.A. - Petrobras?
The SMA 50 of Petroleo Brasileiro S.A. - Petrobras is $14 -2.16%
What is the definition of SMA 50?
SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices.
Simple moving average of 50 days for a stock is an unweighted moving average over the past 50 days. Moving averages will always exhibit a lag and the longer the period used for averaging the greater the lag will be. Because of the large amounts of data considered when calculating a long-term moving average, it takes a considerable amount of movement in the market to cause the moving average to change its course.
Using a moving average to confirm a trend in price is one of the most basic, yet effecting ways of using the indicator. Moving averages take into account what has already happened and a whole range of past events, which makes them such a good technical analysis tool for trend confirmations. Generally, a long-term moving average that is clearly on the upswing is a confirmation of a bullish trend. Conversely, a long-term moving average that is clearly on the downswing is a confirmation of a bearish trend.
SMA 50 of companies in the Energy sector on NYSE compared to Petroleo Brasileiro S.A. - Petrobras
What does Petroleo Brasileiro S.A. - Petrobras do?
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment engages in the logistic and trading of natural gas and electricity; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.
Companies with sma 50 similar to Petroleo Brasileiro S.A. - Petrobras
- Wolverine World Wide has SMA 50 of $13 -1.54%
- John Hancock Investors Trust has SMA 50 of $13 +2.62%
- RattanIndia Infrastructure has SMA 50 of ₨14 -172.73%
- Sunesis Pharmaceuticals Inc has SMA 50 of $14 -153.76%
- PGIM High Yield Bond Fund Inc has SMA 50 of $14 +2.57%
- Enanta Pharmaceuticals Inc has SMA 50 of $14 -12.16%
- Petroleo Brasileiro S.A. - Petrobras has SMA 50 of $14 -2.16%
- Easterly Government Properties Inc has SMA 50 of $14 -1.78%
- Immunome has SMA 50 of $14 +6.57%
- Hamilton Enhanced U.S. Covered Call ETF has SMA 50 of CAD$14 -0.01%
- Whitestone REIT has SMA 50 of $14 -4.82%
- Hangzhou Hopechart IoT Technology Co has SMA 50 of ¥14 -10.78%
- Dalet SA has SMA 50 of €14 +0.00%