Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-25 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 5984410

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	13.59	13.64	13.66	13.49	0.574 times
24 Mon Jun 2024	13.67	13.59	13.71	13.51	0.793 times
21 Fri Jun 2024	13.45	13.47	13.53	13.39	0.663 times
20 Thu Jun 2024	13.36	13.41	13.62	13.30	1.105 times
18 Tue Jun 2024	13.22	12.97	13.31	12.97	0.912 times
18 Tue Jun 2024	13.22	12.97	13.31	12.97	0.912 times
17 Mon Jun 2024	12.87	12.66	12.95	12.66	0.952 times
14 Fri Jun 2024	12.91	13.09	13.23	12.78	1.315 times
13 Thu Jun 2024	13.21	13.30	13.36	12.90	1.284 times
12 Wed Jun 2024	13.58	14.00	14.02	13.53	1.508 times

My analysis of stock is bearish for shortterm, and stock might move down till 13.2 or till 12.5. Use a stoploss of 13.85 and if the stock hits stoploss, then it can shoot up till 14.47

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	12.66
Downside Target	13.31
Upside Target	14.16
Upside Target	14.73
Upside Target	14.84
Upside Target	15.99
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	13.48
Downside Intraday Target	13.38
Upside Intraday Target	13.7
Upside Intraday Target	13.82
Upside Intraday Target	13.6

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	13.59	13.59	13.71	13.49	0.51 times
21 Fri Jun 2024	13.45	12.97	13.62	12.97	1.438 times
18 Tue Jun 2024	13.22	12.66	13.31	12.66	0.348 times
14 Fri Jun 2024	12.91	13.88	14.16	12.78	1.076 times
07 Fri Jun 2024	13.85	14.69	14.84	13.82	1.34 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
25 Tue Jun 2024	13.59	14.69	14.84	12.66	0.688 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Petroleo Brasileiro stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Petroleo Brasileiro in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 13.29 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.