(PBR.A) Petroleo Brasileiro complete technical analysis [charts+indicators] | Buy/Sell Petroleo Brasileiro | (PBR.A) share price targets
Complete technical analysis of Petroleo Brasileiro (PBR.A) by charts plus indicators, forecast predictions and share price targets for Petroleo Brasileiro (PBR.A)
Petroleo Brasileiro trades in USA in N A sector.
Showing technical analysis as on 2024-05-09 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5365400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 16.15 | 15.90 | 16.21 | 15.89 | 0.778 times |
| 08 Wed May 2024 | 16.16 | 15.84 | 16.20 | 15.84 | 0.841 times |
| 07 Tue May 2024 | 16.01 | 15.82 | 16.03 | 15.81 | 0.96 times |
| 06 Mon May 2024 | 15.79 | 15.70 | 15.89 | 15.68 | 0.65 times |
| 03 Fri May 2024 | 15.66 | 15.91 | 15.94 | 15.52 | 0.944 times |
| 02 Thu May 2024 | 16.42 | 16.45 | 16.54 | 16.33 | 0.982 times |
| 01 Wed May 2024 | 16.02 | 16.13 | 16.20 | 15.82 | 0.755 times |
| 30 Tue Apr 2024 | 16.12 | 16.19 | 16.35 | 16.04 | 1.333 times |
| 29 Mon Apr 2024 | 16.41 | 16.20 | 16.44 | 16.15 | 1.046 times |
| 26 Fri Apr 2024 | 16.16 | 16.07 | 16.32 | 16.04 | 1.406 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 16.3 as stoploss in an intra day sell trade for a target of 15.82. However, stock will show a bullish move above 16.3.
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 14.08 |
| Downside Target | 14.73 |
| Downside Target | 15.52 |
| Upside Target | 16.21 |
| Upside Target | 16.41 |
| Upside Target | 16.44 |
| Upside Target | 16.48 |
| Upside Target | 16.54 |
| Upside Target | 16.72 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 15.82 |
| Downside Intraday Target | 15.48 |
| Upside Intraday Target | 16.35 |
| Upside Intraday Target | 16.54 |
| Downside Intraday Target | 16.01 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 16.15 | 15.70 | 16.21 | 15.68 | 0.638 times |
| 03 Fri May 2024 | 15.66 | 16.20 | 16.54 | 15.52 | 0.746 times |
| 26 Fri Apr 2024 | 16.16 | 15.61 | 16.41 | 15.56 | 0.957 times |
| 19 Fri Apr 2024 | 15.59 | 15.03 | 15.75 | 14.80 | 1.228 times |
| 12 Fri Apr 2024 | 15.17 | 15.05 | 15.66 | 14.94 | 0.767 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 16.15 | 16.13 | 16.54 | 15.52 | 0.2 times |
| 30 Tue Apr 2024 | 16.12 | 14.87 | 16.44 | 14.73 | 0.956 times |
| 28 Thu Mar 2024 | 14.90 | 16.41 | 16.48 | 14.08 | 1.216 times |
| 29 Thu Feb 2024 | 16.17 | 16.80 | 17.32 | 15.99 | 1.163 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Petroleo Brasileiro (PBR.A)
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Petroleo Brasileiro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Petroleo Brasileiro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Petroleo Brasileiro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.11 and Petroleo Brasileiro (PBR.A) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Petroleo Brasileiro (PBR.A) stock. Volume based technical analysis of Petroleo Brasileiro (PBR.A) stock is negative.
Petroleo Brasileiro Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Petroleo Brasileiro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Petroleo Brasileiro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Petroleo Brasileiro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.11 and Petroleo Brasileiro (PBR.A) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Petroleo Brasileiro (PBR.A) stock. Volume based technical analysis of Petroleo Brasileiro (PBR.A) stock is negative.
Petroleo Brasileiro Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.