(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 2024-06-04 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5646608
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 14.41 | 14.47 | 14.48 | 14.27 | 1.126 times |
| 03 Mon Jun 2024 | 14.74 | 14.69 | 14.84 | 14.62 | 0.978 times |
| 31 Fri May 2024 | 14.81 | 14.61 | 14.82 | 14.49 | 1.4 times |
| 30 Thu May 2024 | 14.70 | 14.50 | 14.77 | 14.48 | 0.723 times |
| 29 Wed May 2024 | 14.45 | 14.47 | 14.56 | 14.38 | 0.83 times |
| 28 Tue May 2024 | 14.63 | 14.55 | 14.81 | 14.51 | 0.992 times |
| 24 Fri May 2024 | 14.13 | 14.35 | 14.40 | 14.10 | 0.915 times |
| 23 Thu May 2024 | 14.22 | 14.60 | 14.67 | 14.16 | 1.493 times |
| 22 Wed May 2024 | 14.37 | 14.17 | 14.48 | 14.14 | 1.141 times |
| 21 Tue May 2024 | 14.25 | 14.47 | 14.51 | 14.25 | 0.708 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.2 as stoploss in an intra day buy trade for a target of 14.95. However, stock will show a bearish move below 14.2.
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 14.08 |
| Upside Target | 14.67 |
| Upside Target | 14.84 |
| Upside Target | 15.68 |
| Upside Target | 15.99 |
| Upside Target | 16.34 |
| Upside Target | 16.37 |
| Upside Target | 16.44 |
| Upside Target | 16.48 |
| Upside Target | 16.54 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 14.17 |
| Downside Intraday Target | 13.94 |
| Upside Intraday Target | 14.74 |
| Upside Intraday Target | 15.08 |
| Upside Intraday Target | 14.51 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 14.41 | 14.69 | 14.84 | 14.27 | 0.533 times |
| 31 Fri May 2024 | 14.81 | 14.55 | 14.82 | 14.38 | 0.777 times |
| 24 Fri May 2024 | 14.13 | 14.42 | 14.67 | 14.10 | 0.525 times |
| 17 Fri May 2024 | 14.30 | 16.25 | 16.34 | 14.24 | 2.538 times |
| 10 Fri May 2024 | 16.07 | 15.70 | 16.37 | 15.68 | 0.793 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 |
| 04 Tue Jun 2024 | 14.41 | 14.69 | 14.84 | 14.27 | 0.084 times |
| 31 Fri May 2024 | 14.81 | 16.13 | 16.54 | 14.10 | 0.893 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 |
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 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 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 BUY signal for Petroleo Brasileiro in short term but the buy signal is initial and weak.
Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 14.47 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 is giving positive 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 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 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 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 BUY signal for Petroleo Brasileiro in short term but the buy signal is initial and weak.
Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 14.47 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 is giving positive 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.