(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 2024-06-12 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5404840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 13.58 | 14.00 | 14.02 | 13.53 | 1.669 times |
| 11 Tue Jun 2024 | 14.00 | 14.07 | 14.13 | 13.94 | 0.614 times |
| 10 Mon Jun 2024 | 13.99 | 13.88 | 14.16 | 13.84 | 0.778 times |
| 07 Fri Jun 2024 | 13.85 | 14.46 | 14.50 | 13.82 | 1.746 times |
| 06 Thu Jun 2024 | 14.58 | 14.50 | 14.70 | 14.48 | 1.063 times |
| 05 Wed Jun 2024 | 14.45 | 14.46 | 14.50 | 14.33 | 0.514 times |
| 04 Tue Jun 2024 | 14.41 | 14.47 | 14.48 | 14.27 | 1.177 times |
| 03 Mon Jun 2024 | 14.74 | 14.69 | 14.84 | 14.62 | 1.022 times |
| 31 Fri May 2024 | 14.81 | 14.61 | 14.82 | 14.49 | 1.463 times |
| 30 Thu May 2024 | 14.70 | 14.50 | 14.77 | 14.48 | 0.756 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 13.7, for a target of 14 or 14.36
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 13.53 |
| Upside Target | 13.82 |
| Upside Target | 14.67 |
| Upside Target | 14.84 |
| Upside Target | 15.99 |
| Upside Target | 16.34 |
| Upside Target | 16.44 |
| Upside Target | 16.48 |
| Upside Target | 16.54 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 13.35 |
| Downside Intraday Target | 13.13 |
| Upside Intraday Target | 13.98 |
| Upside Intraday Target | 14.39 |
| Upside Intraday Target | 13.76 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 13.58 | 13.88 | 14.16 | 13.53 | 0.554 times |
| 07 Fri Jun 2024 | 13.85 | 14.69 | 14.84 | 13.82 | 1.34 times |
| 31 Fri May 2024 | 14.81 | 14.55 | 14.82 | 14.38 | 0.777 times |
| 24 Fri May 2024 | 14.13 | 14.42 | 14.67 | 14.10 | 0.525 times |
| 17 Fri May 2024 | 14.30 | 16.25 | 16.34 | 14.24 | 2.538 times |
Price has moved down 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 |
| 12 Wed Jun 2024 | 13.58 | 14.69 | 14.84 | 13.53 | 0.328 times |
| 31 Fri May 2024 | 14.81 | 16.13 | 16.54 | 14.10 | 0.893 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 |
Scroll below to view daily charts
Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Petroleo Brasileiro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Petroleo Brasileiro in short term and the sell signal is strong.
Petroleo Brasileiro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Petroleo Brasileiro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.26 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Petroleo Brasileiro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Petroleo Brasileiro in short term and the sell signal is strong.
Petroleo Brasileiro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Petroleo Brasileiro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.26 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.