Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-05 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 6778060

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	12.29	12.22	12.33	12.09	0.446 times
04 Mon Nov 2024	12.21	12.33	12.37	12.20	0.603 times
01 Fri Nov 2024	12.02	12.40	12.41	12.01	0.651 times
31 Thu Oct 2024	12.37	12.40	12.47	12.31	0.618 times
30 Wed Oct 2024	12.41	12.50	12.59	12.41	0.7 times
29 Tue Oct 2024	12.47	12.62	12.68	12.43	1.025 times
28 Mon Oct 2024	12.59	12.50	12.65	12.43	3.639 times
25 Fri Oct 2024	12.62	12.69	12.78	12.55	1.177 times
24 Thu Oct 2024	12.63	12.48	12.70	12.47	0.606 times
23 Wed Oct 2024	12.49	12.53	12.56	12.42	0.568 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.3, but if it comes above 12.3, then a intra day buy could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.76 as target.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Upside Target	12.68
Upside Target	12.90
Upside Target	12.96
Upside Target	13.24
Upside Target	13.59
Upside Target	13.85
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	12.13
Downside Intraday Target	11.97
Upside Intraday Target	12.41
Upside Intraday Target	12.53
Downside Intraday Target	12.25

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	12.29	12.33	12.37	12.09	0.158 times
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

Price has moved up 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 Tue Nov 2024	12.29	12.40	12.41	12.01	0.079 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 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 losing momentum.

MACD generated a SELL signal for Petroleo Brasileiro in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 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 12.48 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.