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(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 2024-08-23 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 4684233

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	13.46	13.46	13.58	13.40	0.915 times
22 Thu Aug 2024	13.58	13.70	13.73	13.57	0.847 times
21 Wed Aug 2024	13.85	14.07	14.08	13.79	0.953 times
20 Tue Aug 2024	13.87	14.05	14.06	13.84	1.229 times
19 Mon Aug 2024	14.18	14.20	14.34	14.15	0.786 times
16 Fri Aug 2024	14.07	14.00	14.14	13.94	0.932 times
15 Thu Aug 2024	13.95	13.90	14.11	13.86	0.877 times
14 Wed Aug 2024	13.74	13.71	13.85	13.66	0.825 times
13 Tue Aug 2024	13.65	13.61	13.68	13.46	0.896 times
12 Mon Aug 2024	13.56	13.51	13.73	13.46	1.127 times

My analysis of stock is bullish for shortterm, and stock might move up till 13.9 or till 14.5. Use a stoploss of 13.34 and if this stock hits its stoploss, then it can fall down till 12.82

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.44
Downside Target	13.17
Upside Target	13.83
Upside Target	14.14
Upside Target	14.30
Upside Target	14.34
Upside Target	14.73
Upside Target	14.84
Upside Target	16.44
Upside Target	16.54

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

Target Type	Value
Downside Intraday Target	13.13
Downside Intraday Target	12.79
Upside Intraday Target	14.07
Upside Intraday Target	14.67
Upside Intraday Target	13.73

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	13.46	14.20	14.34	13.40	1.016 times
16 Fri Aug 2024	14.07	13.51	14.14	13.46	0.575 times
09 Fri Aug 2024	13.19	12.01	13.41	11.93	1.731 times
02 Fri Aug 2024	12.48	13.20	13.33	12.44	1.258 times
26 Fri Jul 2024	13.31	13.81	13.83	13.17	1.107 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
23 Fri Aug 2024	13.46	13.29	14.34	11.93	1.101 times
31 Wed Jul 2024	13.16	13.76	14.30	12.84	0.746 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

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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 13.79 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. 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.