(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 2024-05-28 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 8330123
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 14.63 | 14.55 | 14.81 | 14.51 | 0.673 times |
| 24 Fri May 2024 | 14.13 | 14.35 | 14.40 | 14.10 | 0.62 times |
| 23 Thu May 2024 | 14.22 | 14.60 | 14.67 | 14.16 | 1.012 times |
| 22 Wed May 2024 | 14.37 | 14.17 | 14.48 | 14.14 | 0.773 times |
| 21 Tue May 2024 | 14.25 | 14.47 | 14.51 | 14.25 | 0.48 times |
| 20 Mon May 2024 | 14.33 | 14.42 | 14.48 | 14.29 | 0.555 times |
| 17 Fri May 2024 | 14.30 | 14.52 | 14.54 | 14.24 | 0.887 times |
| 16 Thu May 2024 | 14.47 | 14.99 | 15.00 | 14.47 | 1.467 times |
| 15 Wed May 2024 | 14.84 | 14.76 | 15.07 | 14.55 | 2.851 times |
| 14 Tue May 2024 | 15.87 | 15.80 | 16.05 | 15.61 | 0.932 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 14.5 as stoploss in an intra day buy trade for a target of 15.3. However, stock will show a bearish move below 14.5.
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 14.08 |
| Upside Target | 15.52 |
| 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 | 16.72 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 14.49 |
| Downside Intraday Target | 14.35 |
| Upside Intraday Target | 14.79 |
| Upside Intraday Target | 14.95 |
| Upside Intraday Target | 14.65 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 14.63 | 14.55 | 14.81 | 14.51 | 0.196 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 |
| 03 Fri May 2024 | 15.66 | 16.20 | 16.54 | 15.52 | 0.746 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 |
| 28 Tue May 2024 | 14.63 | 16.13 | 16.54 | 14.10 | 0.788 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 |
| 29 Thu Feb 2024 | 16.17 | 16.80 | 17.32 | 15.99 | 1.163 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 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 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 Weak 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 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 positive zone. This is a BUY 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 14.63 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 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 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 Weak 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 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 positive zone. This is a BUY 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 14.63 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.