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 2024-08-29 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 5139249

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	14.01	14.02	14.15	13.92	0.75 times
28 Wed Aug 2024	14.30	14.14	14.35	14.11	0.889 times
27 Tue Aug 2024	14.22	14.28	14.33	14.16	1.016 times
26 Mon Aug 2024	14.43	13.75	14.44	13.74	2.135 times
23 Fri Aug 2024	13.46	13.46	13.58	13.40	0.834 times
22 Thu Aug 2024	13.58	13.70	13.73	13.57	0.772 times
21 Wed Aug 2024	13.85	14.07	14.08	13.79	0.869 times
20 Tue Aug 2024	13.87	14.05	14.06	13.84	1.12 times
19 Mon Aug 2024	14.18	14.20	14.34	14.15	0.717 times
16 Fri Aug 2024	14.07	14.00	14.14	13.94	0.85 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 14.2 as stoploss in an intra day sell trade for a target of 13.58. However, stock will show a bullish move above 14.2.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.44
Downside Target	13.33
Downside Target	13.74
Upside Target	14.10
Upside Target	14.34
Upside Target	14.44
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	13.69
Downside Intraday Target	13.36
Upside Intraday Target	14.39
Upside Intraday Target	14.76
Upside Intraday Target	14.06

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	14.01	13.75	14.44	13.74	1.111 times
23 Fri Aug 2024	13.46	14.20	14.34	13.40	1.016 times
16 Fri Aug 2024	14.07	13.51	14.14	13.46	0.575 times
09 Fri Aug 2024	13.19	12.01	13.41	11.93	1.731 times
02 Fri Aug 2024	12.48	13.20	13.33	12.44	1.258 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
29 Thu Aug 2024	14.01	13.29	14.44	11.93	1.397 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.

Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 14.06 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.