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.

10 day averaged volume of Petroleo Brasileiro is 5823290

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	15.59	15.19	15.75	15.18	3.052 times
18 Thu Apr 2024	15.10	15.39	15.47	15.03	0.756 times
17 Wed Apr 2024	15.11	15.09	15.26	14.94	0.943 times
16 Tue Apr 2024	15.00	14.90	15.10	14.80	0.628 times
15 Mon Apr 2024	15.16	15.03	15.23	14.95	1.145 times
12 Fri Apr 2024	15.17	15.57	15.57	15.07	0.914 times
11 Thu Apr 2024	15.42	15.55	15.64	15.39	0.932 times
10 Wed Apr 2024	15.66	15.37	15.66	15.33	0.928 times
09 Tue Apr 2024	15.46	15.54	15.62	15.18	1.408 times
08 Mon Apr 2024	15.31	15.05	15.50	14.94	1.129 times

Stock of Petroleo Brasileiro (PBR.A) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.4, but if it comes below 15.4, then a intra day sell could be more profitable.
If you take a sell trade below 15.4, then use 15.4 as stoploss and 15.08 as target. However if you take a buy trade in stock , then use 15.4 as stoploss and 15.8 as target.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	13.47
Downside Target	14.08
Downside Target	14.45
Downside Target	15.51
Upside Target	15.66
Upside Target	15.72
Upside Target	15.75
Upside Target	15.99
Upside Target	16.48
Upside Target	16.72
Upside Target	17.32

Intraday share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Intraday Target	15.01
Downside Intraday Target	14.43
Upside Intraday Target	15.96
Upside Intraday Target	16.33
Downside Intraday Target	15.38

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	15.59	15.03	15.75	14.80	1.228 times
12 Fri Apr 2024	15.17	15.05	15.66	14.94	0.767 times
05 Fri Apr 2024	15.08	14.87	15.72	14.73	2.388 times
28 Thu Mar 2024	14.90	14.55	14.95	14.45	0.463 times
22 Fri Mar 2024	14.43	14.61	14.80	14.08	0.848 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
19 Fri Apr 2024	15.59	14.87	15.75	14.73	0.659 times
28 Thu Mar 2024	14.90	16.41	16.48	14.08	1.216 times
29 Thu Feb 2024	16.17	16.80	17.32	15.99	1.163 times
31 Wed Jan 2024	16.40	15.37	16.72	15.04	0.853 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Petroleo Brasileiro stock for short term is BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 15.37 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 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.