(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 2024-08-09 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5599511
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 13.19 | 12.99 | 13.41 | 12.87 | 1.279 times |
| 08 Thu Aug 2024 | 13.19 | 12.90 | 13.24 | 12.81 | 1.594 times |
| 07 Wed Aug 2024 | 12.85 | 13.06 | 13.07 | 12.78 | 0.902 times |
| 06 Tue Aug 2024 | 12.81 | 12.52 | 12.98 | 12.43 | 1.724 times |
| 05 Mon Aug 2024 | 12.30 | 12.01 | 12.31 | 11.93 | 1.281 times |
| 02 Fri Aug 2024 | 12.48 | 12.67 | 12.82 | 12.44 | 0.874 times |
| 01 Thu Aug 2024 | 12.84 | 13.29 | 13.33 | 12.81 | 0.875 times |
| 31 Wed Jul 2024 | 13.16 | 13.12 | 13.22 | 13.07 | 0.938 times |
| 30 Tue Jul 2024 | 13.01 | 12.89 | 13.04 | 12.88 | 0.442 times |
| 29 Mon Jul 2024 | 13.03 | 13.20 | 13.27 | 12.84 | 0.787 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.8 or till 12.2. Use a stoploss of 13.28 and if the stock hits stoploss, then it can shoot up till 13.78
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 11.93 |
| Downside Target | 12.44 |
| Downside Target | 13.17 |
| Upside Target | 14.10 |
| Upside Target | 14.24 |
| Upside Target | 14.30 |
| Upside Target | 14.73 |
| Upside Target | 14.84 |
| Upside Target | 16.44 |
| Upside Target | 16.54 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 12.28 |
| Downside Intraday Target | 11.36 |
| Upside Intraday Target | 13.76 |
| Upside Intraday Target | 14.32 |
| Downside Intraday Target | 12.84 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 13.19 | 12.01 | 13.41 | 11.93 | 1.731 times |
| 02 Fri Aug 2024 | 12.48 | 13.20 | 13.33 | 12.44 | 1.258 times |
| 26 Fri Jul 2024 | 13.31 | 13.81 | 13.83 | 13.17 | 1.107 times |
| 19 Fri Jul 2024 | 13.76 | 14.05 | 14.24 | 13.71 | 0.934 times |
| 12 Fri Jul 2024 | 14.04 | 13.58 | 14.30 | 13.57 | 1.702 times |
Price has moved up 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 |
| 09 Fri Aug 2024 | 13.19 | 13.29 | 13.41 | 11.93 | 0.573 times |
| 31 Wed Jul 2024 | 13.16 | 13.76 | 14.30 | 12.84 | 0.746 times |
| 28 Fri Jun 2024 | 13.64 | 14.69 | 14.84 | 12.66 | 0.789 times |
| 31 Fri May 2024 | 14.81 | 16.13 | 16.54 | 14.10 | 0.893 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.A)
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short 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.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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Petroleo Brasileiro stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 12.88 and Petroleo Brasileiro (PBR.A) 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.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 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.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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Petroleo Brasileiro stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 12.88 and Petroleo Brasileiro (PBR.A) 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.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.