(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 2024-05-16 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 6689512
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 14.47 | 14.99 | 15.00 | 14.47 | 1.826 times |
| 15 Wed May 2024 | 14.84 | 14.76 | 15.07 | 14.55 | 3.55 times |
| 14 Tue May 2024 | 15.87 | 15.80 | 16.05 | 15.61 | 1.161 times |
| 13 Mon May 2024 | 16.13 | 16.25 | 16.34 | 16.07 | 0.527 times |
| 10 Fri May 2024 | 16.07 | 16.34 | 16.37 | 16.05 | 0.628 times |
| 09 Thu May 2024 | 16.15 | 15.90 | 16.21 | 15.89 | 0.624 times |
| 08 Wed May 2024 | 16.16 | 15.84 | 16.20 | 15.84 | 0.675 times |
| 07 Tue May 2024 | 16.01 | 15.82 | 16.03 | 15.81 | 0.77 times |
| 06 Mon May 2024 | 15.79 | 15.70 | 15.89 | 15.68 | 0.521 times |
| 03 Fri May 2024 | 15.66 | 15.91 | 15.94 | 15.52 | 0.757 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.9, for a target of 15.4 or 15.92
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 14.08 |
| Downside Target | 14.47 |
| Upside Target | 15.52 |
| Upside Target | 16.34 |
| Upside Target | 16.37 |
| Upside Target | 16.41 |
| Upside Target | 16.44 |
| Upside Target | 16.48 |
| Upside Target | 16.54 |
| Upside Target | 16.72 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 13.85 |
| Downside Intraday Target | 13.22 |
| Upside Intraday Target | 15.72 |
| Upside Intraday Target | 16.96 |
| Upside Intraday Target | 15.09 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 14.47 | 16.25 | 16.34 | 14.47 | 2.195 times |
| 10 Fri May 2024 | 16.07 | 15.70 | 16.37 | 15.68 | 0.793 times |
| 03 Fri May 2024 | 15.66 | 16.20 | 16.54 | 15.52 | 0.746 times |
| 26 Fri Apr 2024 | 16.16 | 15.61 | 16.41 | 15.56 | 0.957 times |
| 19 Fri Apr 2024 | 15.59 | 15.03 | 15.75 | 14.80 | 1.228 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 |
| 16 Thu May 2024 | 14.47 | 16.13 | 16.54 | 14.47 | 0.525 times |
| 30 Tue Apr 2024 | 16.12 | 14.87 | 16.44 | 14.73 | 0.956 times |
| 28 Thu Mar 2024 | 14.90 | 16.41 | 16.48 | 14.08 | 1.216 times |
| 29 Thu Feb 2024 | 16.17 | 16.80 | 17.32 | 15.99 | 1.163 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 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 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 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 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 15.36 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.
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 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 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 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 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 15.36 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.