(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 2024-06-05 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5820370
Date | Daily Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 14.45 | 14.46 | 14.50 | 14.33 | 0.477 times |
04 Tue Jun 2024 | 14.41 | 14.47 | 14.48 | 14.27 | 1.093 times |
03 Mon Jun 2024 | 14.74 | 14.69 | 14.84 | 14.62 | 0.949 times |
31 Fri May 2024 | 14.81 | 14.61 | 14.82 | 14.49 | 1.358 times |
30 Thu May 2024 | 14.70 | 14.50 | 14.77 | 14.48 | 0.702 times |
29 Wed May 2024 | 14.45 | 14.47 | 14.56 | 14.38 | 0.805 times |
28 Tue May 2024 | 14.63 | 14.55 | 14.81 | 14.51 | 0.963 times |
24 Fri May 2024 | 14.13 | 14.35 | 14.40 | 14.10 | 0.888 times |
23 Thu May 2024 | 14.22 | 14.60 | 14.67 | 14.16 | 1.449 times |
22 Wed May 2024 | 14.37 | 14.17 | 14.48 | 14.14 | 1.107 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 14.1 as stoploss in an intra day buy trade for a target of 14.87. However, stock will show a bearish move below 14.1.
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 | 14.2 |
Downside Intraday Target | 13.95 |
Upside Intraday Target | 14.77 |
Upside Intraday Target | 15.09 |
Upside Intraday Target | 14.52 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 14.45 | 14.69 | 14.84 | 14.27 | 0.658 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 |
05 Wed Jun 2024 | 14.45 | 14.69 | 14.84 | 14.27 | 0.104 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) 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.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 losing momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term but the buy 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. 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 moving up
CCI has generated a buy signal for Petroleo Brasileiro in short term but BUY signal is weak.
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 14.49 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) 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.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 losing momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term but the buy 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. 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 moving up
CCI has generated a buy signal for Petroleo Brasileiro in short term but BUY signal is weak.
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 14.49 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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.