PBR Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of Petroleo Brasileiro SA (Symbol: PBR) crossed above their 200 day moving average of $12.88, changing hands as high as $12.90 per share. Petroleo Brasileiro SA shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of PBR shares, versus its 200 day moving average:

Looking at the chart above, PBR's low point in its 52 week range is $11.0329 per share, with $15.34 as the 52 week high point — that compares with a last trade of $12.85. Free Report: Top 8%+ Dividends (paid monthly)

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

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