(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 2024-08-07 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 4901316
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 12.85 | 13.06 | 13.07 | 12.78 | 1.031 times |
| 06 Tue Aug 2024 | 12.81 | 12.52 | 12.98 | 12.43 | 1.97 times |
| 05 Mon Aug 2024 | 12.30 | 12.01 | 12.31 | 11.93 | 1.463 times |
| 02 Fri Aug 2024 | 12.48 | 12.67 | 12.82 | 12.44 | 0.999 times |
| 01 Thu Aug 2024 | 12.84 | 13.29 | 13.33 | 12.81 | 1 times |
| 31 Wed Jul 2024 | 13.16 | 13.12 | 13.22 | 13.07 | 1.071 times |
| 30 Tue Jul 2024 | 13.01 | 12.89 | 13.04 | 12.88 | 0.505 times |
| 29 Mon Jul 2024 | 13.03 | 13.20 | 13.27 | 12.84 | 0.9 times |
| 26 Fri Jul 2024 | 13.31 | 13.32 | 13.43 | 13.23 | 0.665 times |
| 25 Thu Jul 2024 | 13.29 | 13.28 | 13.38 | 13.17 | 0.606 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 12.8 as stoploss in an intra day buy trade for a target of 13.37. However, stock will show a bearish move below 12.8.
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 11.93 |
| Downside Target | 12.44 |
| Upside Target | 13.83 |
| Upside Target | 14.10 |
| Upside Target | 14.24 |
| Upside Target | 14.30 |
| Upside Target | 14.73 |
| Upside Target | 14.84 |
| Upside Target | 16.44 |
| Upside Target | 16.54 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 12.16 |
| Downside Intraday Target | 11.48 |
| Upside Intraday Target | 13.3 |
| Upside Intraday Target | 13.76 |
| Downside Intraday Target | 12.62 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 12.85 | 12.01 | 13.07 | 11.93 | 0.998 times |
| 02 Fri Aug 2024 | 12.48 | 13.20 | 13.33 | 12.44 | 1.258 times |
| 26 Fri Jul 2024 | 13.31 | 13.81 | 13.83 | 13.17 | 1.107 times |
| 19 Fri Jul 2024 | 13.76 | 14.05 | 14.24 | 13.71 | 0.934 times |
| 12 Fri Jul 2024 | 14.04 | 13.58 | 14.30 | 13.57 | 1.702 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 |
| 07 Wed Aug 2024 | 12.85 | 13.29 | 13.33 | 11.93 | 0.38 times |
| 31 Wed Jul 2024 | 13.16 | 13.76 | 14.30 | 12.84 | 0.746 times |
| 28 Fri Jun 2024 | 13.64 | 14.69 | 14.84 | 12.66 | 0.789 times |
| 31 Fri May 2024 | 14.81 | 16.13 | 16.54 | 14.10 | 0.893 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but BUY signal is weak.
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 12.84 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but BUY signal is weak.
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 12.84 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 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.