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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 2024-12-13 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 5508225

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	12.60	12.78	12.81	12.55	0.864 times
12 Thu Dec 2024	13.25	13.54	13.58	13.17	1.116 times
11 Wed Dec 2024	13.55	13.49	13.68	13.22	1.082 times
10 Tue Dec 2024	13.30	13.32	13.40	13.27	0.711 times
09 Mon Dec 2024	13.13	13.05	13.21	13.02	0.933 times
26 Tue Nov 2024	13.47	13.55	13.56	13.40	0.558 times
26 Tue Nov 2024	13.47	13.55	13.56	13.40	0.558 times
25 Mon Nov 2024	13.52	13.65	13.74	13.46	0.924 times
22 Fri Nov 2024	13.59	13.27	13.72	13.25	2.054 times
21 Thu Nov 2024	13.03	13.00	13.13	12.91	1.228 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.7, but if it comes above 12.7, then a intra day buy could be more profitable.
If you take a sell trade below 12.7, then use 12.7 as stoploss and 12.3 as target. However if you take a buy trade in stock , then use 12.7 as stoploss and 13.08 as target.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.31
Upside Target	12.91
Upside Target	13.68
Upside Target	13.72
Upside Target	13.74
Upside Target	13.85
Upside Target	14.01
Upside Target	14.44

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

Target Type	Value
Downside Intraday Target	12.21
Downside Intraday Target	11.81
Upside Intraday Target	13.34
Upside Intraday Target	14.07
Upside Intraday Target	12.94

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	12.60	13.05	13.68	12.55	8.438 times
26 Tue Nov 2024	13.47	13.55	13.56	13.40	0.376 times
26 Tue Nov 2024	13.47	13.65	13.74	13.40	0.257 times
22 Fri Nov 2024	13.59	13.07	13.72	12.91	1.278 times
15 Fri Nov 2024	12.97	12.55	13.14	12.39	0.927 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	12.60	13.05	13.68	12.55	0.262 times
26 Tue Nov 2024	13.47	12.40	13.74	12.01	0.682 times
31 Thu Oct 2024	12.37	13.15	14.01	12.31	1.132 times
30 Mon Sep 2024	13.19	13.83	13.85	12.96	1.019 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL signal for Petroleo Brasileiro in short term but the sell signal is initial and weak.

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 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 13.31 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 positive

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