(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 2024-06-10 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5729200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 13.99 | 13.88 | 14.16 | 13.84 | 0.734 times |
| 07 Fri Jun 2024 | 13.85 | 14.46 | 14.50 | 13.82 | 1.647 times |
| 06 Thu Jun 2024 | 14.58 | 14.50 | 14.70 | 14.48 | 1.003 times |
| 05 Wed Jun 2024 | 14.45 | 14.46 | 14.50 | 14.33 | 0.485 times |
| 04 Tue Jun 2024 | 14.41 | 14.47 | 14.48 | 14.27 | 1.11 times |
| 03 Mon Jun 2024 | 14.74 | 14.69 | 14.84 | 14.62 | 0.964 times |
| 31 Fri May 2024 | 14.81 | 14.61 | 14.82 | 14.49 | 1.38 times |
| 30 Thu May 2024 | 14.70 | 14.50 | 14.77 | 14.48 | 0.713 times |
| 29 Wed May 2024 | 14.45 | 14.47 | 14.56 | 14.38 | 0.818 times |
| 28 Tue May 2024 | 14.63 | 14.55 | 14.81 | 14.51 | 0.978 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14, but if it comes above 14, then a intra day buy could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 13.4 as target. However if you take a buy trade in stock , then use 14 as stoploss and 14.58 as target.
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 13.82 |
| Upside Target | 14.67 |
| Upside Target | 14.82 |
| Upside Target | 14.84 |
| Upside Target | 15.99 |
| Upside Target | 16.34 |
| Upside Target | 16.44 |
| Upside Target | 16.48 |
| Upside Target | 16.54 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 13.83 |
| Downside Intraday Target | 13.68 |
| Upside Intraday Target | 14.15 |
| Upside Intraday Target | 14.32 |
| Upside Intraday Target | 14 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 13.99 | 13.88 | 14.16 | 13.84 | 0.141 times |
| 07 Fri Jun 2024 | 13.85 | 14.69 | 14.84 | 13.82 | 1.34 times |
| 31 Fri May 2024 | 14.81 | 14.55 | 14.82 | 14.38 | 0.777 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 |
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 |
| 10 Mon Jun 2024 | 13.99 | 14.69 | 14.84 | 13.82 | 0.241 times |
| 31 Fri May 2024 | 14.81 | 16.13 | 16.54 | 14.10 | 0.893 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 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 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 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
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 14.44 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 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
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 14.44 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.