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 2024-09-20 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 4602760

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	13.07	13.27	13.29	13.06	2.453 times
19 Thu Sep 2024	13.38	13.45	13.46	13.30	0.706 times
18 Wed Sep 2024	13.24	13.46	13.47	13.17	1.046 times
17 Tue Sep 2024	13.47	13.47	13.49	13.34	0.553 times
16 Mon Sep 2024	13.50	13.57	13.69	13.48	1.034 times
13 Fri Sep 2024	13.20	13.30	13.46	13.16	1.109 times
12 Thu Sep 2024	13.11	13.19	13.20	12.96	0.944 times
11 Wed Sep 2024	13.22	13.37	13.37	13.01	1.124 times
10 Tue Sep 2024	13.16	13.47	13.53	13.06	1.41 times
09 Mon Sep 2024	13.59	13.40	13.69	13.38	1.044 times

Stock of Petroleo Brasileiro (PBR.A) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.2, but if it comes above 13.2, then a intra day buy could be more profitable.
If you take a sell trade below 13.2, then use 13.2 as stoploss and 12.7 as target. However if you take a buy trade in stock , then use 13.2 as stoploss and 13.61 as target.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.66
Upside Target	13.38
Upside Target	13.69
Upside Target	13.85
Upside Target	14.00
Upside Target	14.10
Upside Target	14.30
Upside Target	14.44
Upside Target	14.84
Upside Target	16.54

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

Target Type	Value
Downside Intraday Target	12.86
Downside Intraday Target	12.64
Upside Intraday Target	13.49
Upside Intraday Target	13.9
Upside Intraday Target	13.27

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	13.07	13.57	13.69	13.06	1.029 times
13 Fri Sep 2024	13.20	13.40	13.69	12.96	1.459 times
06 Fri Sep 2024	13.43	13.83	13.85	13.38	3.689 times
30 Fri Aug 2024	13.94	13.75	14.00	13.72	0.164 times
30 Fri Aug 2024	13.94	13.75	14.44	13.72	1.328 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
20 Fri Sep 2024	13.07	13.83	13.85	12.96	0.558 times
30 Fri Aug 2024	13.94	13.29	14.44	11.93	1.512 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL signal for Petroleo Brasileiro in short term and the sell 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 13.25 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.