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 2024-07-05 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 4107650

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	13.78	13.56	13.78	13.48	1.592 times
03 Wed Jul 2024	13.70	13.68	13.83	13.57	0.82 times
03 Wed Jul 2024	13.70	13.68	13.83	13.57	0.82 times
02 Tue Jul 2024	13.65	13.74	13.80	13.48	1.062 times
01 Mon Jul 2024	13.66	13.76	13.87	13.64	0.855 times
28 Fri Jun 2024	13.64	13.65	13.70	13.50	1.209 times
27 Thu Jun 2024	13.68	13.67	13.78	13.48	1.185 times
26 Wed Jun 2024	13.49	13.34	13.49	13.29	1.092 times
25 Tue Jun 2024	13.59	13.64	13.66	13.49	0.836 times
24 Mon Jun 2024	13.67	13.59	13.71	13.51	1.156 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 13.8 as stoploss in an intra day sell trade for a target of 13.52. However, stock will show a bullish move above 13.8.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	12.66
Downside Target	12.97
Downside Target	13.29
Upside Target	13.87
Upside Target	14.08
Upside Target	14.10
Upside Target	14.73
Upside Target	14.84
Upside Target	16.44
Upside Target	16.48
Upside Target	16.54

Intraday share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Intraday Target	13.56
Downside Intraday Target	13.35
Upside Intraday Target	13.91
Upside Intraday Target	14.05
Downside Intraday Target	13.7

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	13.78	13.68	13.83	13.48	0.881 times
03 Wed Jul 2024	13.70	13.76	13.87	13.48	0.499 times
28 Fri Jun 2024	13.64	13.59	13.78	13.29	1.403 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

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
05 Fri Jul 2024	13.78	13.76	13.87	13.48	0.189 times
28 Fri Jun 2024	13.64	14.69	14.84	12.66	0.789 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

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 and selling is picking up 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 13.66 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 rising upwards.

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 is giving positive 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.