(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 2024-05-22 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 23670183
Date | Daily Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 15.00 | 14.92 | 15.05 | 14.80 | 0.94 times |
21 Tue May 2024 | 15.02 | 15.22 | 15.23 | 14.97 | 0.875 times |
20 Mon May 2024 | 15.12 | 15.14 | 15.19 | 15.00 | 0.702 times |
17 Fri May 2024 | 15.02 | 15.28 | 15.30 | 14.98 | 1.123 times |
16 Thu May 2024 | 15.23 | 15.54 | 15.58 | 15.10 | 1.347 times |
15 Wed May 2024 | 15.56 | 15.28 | 15.70 | 15.04 | 2.935 times |
14 Tue May 2024 | 16.69 | 16.72 | 16.92 | 16.46 | 0.862 times |
13 Mon May 2024 | 17.04 | 17.27 | 17.37 | 17.03 | 0.464 times |
10 Fri May 2024 | 17.08 | 17.38 | 17.41 | 17.06 | 0.466 times |
09 Thu May 2024 | 17.22 | 16.85 | 17.29 | 16.82 | 0.659 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.6, but if it comes above 15.6, then a intra day buy could be more profitable.
If you take a sell trade below 15.6, then use 15.6 as stoploss and 14.5 as target. However if you take a buy trade in stock , then use 15.6 as stoploss and 16.44 as target.
Share price targets for Petroleo Brasileiro (PBR)
Target Type | Value |
Downside Target | 14.21 |
Downside Target | 14.80 |
Upside Target | 15.58 |
Upside Target | 16.30 |
Upside Target | 16.90 |
Upside Target | 17.33 |
Upside Target | 17.37 |
Upside Target | 17.39 |
Upside Target | 17.41 |
Upside Target | 17.44 |
Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
Target Type | Value |
Downside Intraday Target | 14.79 |
Downside Intraday Target | 14.58 |
Upside Intraday Target | 15.22 |
Upside Intraday Target | 15.44 |
Upside Intraday Target | 15.01 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 15.00 | 15.14 | 15.23 | 14.80 | 0.374 times |
17 Fri May 2024 | 15.02 | 17.27 | 17.37 | 14.98 | 2.238 times |
10 Fri May 2024 | 17.08 | 16.50 | 17.41 | 16.48 | 0.697 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 |
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)
Date | Monthly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 15.00 | 16.99 | 17.44 | 14.80 | 0.72 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 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)
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 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 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) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 15.67 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) 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.
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 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 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) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 15.67 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) 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.