(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 2024-11-01 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 6801250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 12.02 | 12.40 | 12.41 | 12.01 | 0.649 times |
| 31 Thu Oct 2024 | 12.37 | 12.40 | 12.47 | 12.31 | 0.616 times |
| 30 Wed Oct 2024 | 12.41 | 12.50 | 12.59 | 12.41 | 0.698 times |
| 29 Tue Oct 2024 | 12.47 | 12.62 | 12.68 | 12.43 | 1.022 times |
| 28 Mon Oct 2024 | 12.59 | 12.50 | 12.65 | 12.43 | 3.627 times |
| 25 Fri Oct 2024 | 12.62 | 12.69 | 12.78 | 12.55 | 1.173 times |
| 24 Thu Oct 2024 | 12.63 | 12.48 | 12.70 | 12.47 | 0.604 times |
| 23 Wed Oct 2024 | 12.49 | 12.53 | 12.56 | 12.42 | 0.566 times |
| 22 Tue Oct 2024 | 12.67 | 12.74 | 12.78 | 12.62 | 0.41 times |
| 21 Mon Oct 2024 | 12.71 | 12.90 | 12.90 | 12.70 | 0.723 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 11.8, for a target of 12.4 or 12.92
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 11.93 |
| Upside Target | 12.31 |
| Upside Target | 12.68 |
| Upside Target | 13.24 |
| Upside Target | 13.59 |
| Upside Target | 13.85 |
| Upside Target | 13.98 |
| Upside Target | 14.01 |
| Upside Target | 14.30 |
| Upside Target | 14.44 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 11.79 |
| Downside Intraday Target | 11.57 |
| Upside Intraday Target | 12.46 |
| Upside Intraday Target | 12.91 |
| Upside Intraday Target | 12.24 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 12.02 | 12.50 | 12.68 | 12.01 | 1.902 times |
| 25 Fri Oct 2024 | 12.62 | 12.90 | 12.90 | 12.42 | 0.992 times |
| 18 Fri Oct 2024 | 12.87 | 13.33 | 13.59 | 12.84 | 0.78 times |
| 11 Fri Oct 2024 | 13.34 | 13.93 | 14.01 | 13.24 | 0.968 times |
| 04 Fri Oct 2024 | 13.90 | 13.28 | 13.98 | 13.11 | 0.593 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 |
| 01 Fri Nov 2024 | 12.02 | 12.40 | 12.41 | 12.01 | 0.03 times |
| 31 Thu Oct 2024 | 12.37 | 13.15 | 14.01 | 12.31 | 1.132 times |
| 30 Mon Sep 2024 | 13.19 | 13.83 | 13.85 | 12.96 | 1.019 times |
| 30 Fri Aug 2024 | 13.94 | 13.29 | 14.44 | 11.93 | 1.512 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 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 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 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 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
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 12.53 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 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 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 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 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
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 12.53 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.