(PBR) Petroleo Brasileiro complete technical analysis [charts+indicators] | Buy/Sell Petroleo Brasileiro | (PBR) share price targets
Complete technical analysis of Petroleo Brasileiro (PBR) by charts plus indicators, forecast predictions and share price targets for Petroleo Brasileiro (PBR)
Petroleo Brasileiro trades in USA in Energy sector.
Showing technical analysis as on 2024-05-07 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 19284910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 17.01 | 16.66 | 17.04 | 16.66 | 0.942 times |
| 06 Mon May 2024 | 16.63 | 16.50 | 16.77 | 16.48 | 0.672 times |
| 03 Fri May 2024 | 16.43 | 16.86 | 16.86 | 16.30 | 1.351 times |
| 02 Thu May 2024 | 17.34 | 17.27 | 17.44 | 17.16 | 1.018 times |
| 01 Wed May 2024 | 16.94 | 16.99 | 17.08 | 16.67 | 0.702 times |
| 30 Tue Apr 2024 | 16.97 | 17.05 | 17.21 | 16.86 | 1.019 times |
| 29 Mon Apr 2024 | 17.33 | 17.03 | 17.33 | 17.00 | 1.205 times |
| 26 Fri Apr 2024 | 17.05 | 16.85 | 17.15 | 16.82 | 1.037 times |
| 25 Thu Apr 2024 | 17.05 | 16.76 | 17.17 | 16.66 | 0.824 times |
| 24 Wed Apr 2024 | 16.81 | 16.96 | 17.00 | 16.72 | 1.031 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 17.1 as stoploss in an intra day sell trade for a target of 16.53. However, stock will show a bullish move above 17.1.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 14.21 |
| Downside Target | 15.05 |
| Downside Target | 16.17 |
| Downside Target | 16.90 |
| Upside Target | 17.04 |
| Upside Target | 17.17 |
| Upside Target | 17.33 |
| Upside Target | 17.39 |
| Upside Target | 17.44 |
| Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 16.65 |
| Downside Intraday Target | 16.28 |
| Upside Intraday Target | 17.21 |
| Upside Intraday Target | 17.4 |
| Downside Intraday Target | 16.84 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 17.01 | 16.50 | 17.04 | 16.48 | 0.305 times |
| 03 Fri May 2024 | 16.43 | 17.03 | 17.44 | 16.30 | 0.954 times |
| 26 Fri Apr 2024 | 17.05 | 16.48 | 17.17 | 16.42 | 1.053 times |
| 19 Fri Apr 2024 | 16.47 | 15.61 | 16.53 | 15.34 | 1.068 times |
| 12 Fri Apr 2024 | 15.72 | 15.41 | 16.17 | 15.26 | 0.689 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)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 17.01 | 16.99 | 17.44 | 16.30 | 0.186 times |
| 30 Tue Apr 2024 | 16.97 | 15.22 | 17.33 | 15.05 | 0.96 times |
| 28 Thu Mar 2024 | 15.21 | 16.79 | 16.90 | 14.21 | 1.426 times |
| 29 Thu Feb 2024 | 16.52 | 17.44 | 17.91 | 16.34 | 1.201 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)
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) 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 BUY. Signal strength is Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Petroleo Brasileiro in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.96 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) stock is negative.
Petroleo Brasileiro Stock is giving positive 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.
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) 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 BUY. Signal strength is Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Petroleo Brasileiro in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.96 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) stock is negative.
Petroleo Brasileiro Stock is giving positive 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.