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(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 2024-10-10 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 8647050

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	13.50	13.43	13.53	13.41	0.492 times
09 Wed Oct 2024	13.33	13.34	13.40	13.24	0.55 times
08 Tue Oct 2024	13.58	13.74	13.75	13.48	0.579 times
07 Mon Oct 2024	13.99	13.93	14.01	13.85	1.344 times
04 Fri Oct 2024	13.90	13.82	13.92	13.75	0.463 times
03 Thu Oct 2024	13.87	13.62	13.91	13.57	0.9 times
02 Wed Oct 2024	13.76	13.91	13.98	13.72	0.697 times
01 Tue Oct 2024	13.55	13.15	13.73	13.14	1.027 times
30 Mon Sep 2024	13.19	13.28	13.28	13.11	0.56 times
27 Fri Sep 2024	13.27	13.21	13.36	13.21	2.874 times

My analysis of stock is bullish for shortterm, and stock might move up till 13.7 or till 14. Use a stoploss of 13.46 and if this stock hits its stoploss, then it can fall down till 13.21

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.66
Upside Target	13.65
Upside Target	13.69
Upside Target	13.85
Upside Target	13.98
Upside Target	14.01
Upside Target	14.30
Upside Target	14.44
Upside Target	14.84

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

Target Type	Value
Downside Intraday Target	13.16
Downside Intraday Target	12.81
Upside Intraday Target	13.93
Upside Intraday Target	14.35
Upside Intraday Target	13.58

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	13.50	13.93	14.01	13.24	0.813 times
04 Fri Oct 2024	13.90	13.28	13.98	13.11	0.593 times
27 Fri Sep 2024	13.27	13.19	13.65	13.14	1.995 times
20 Fri Sep 2024	13.07	13.57	13.69	13.06	1.029 times
13 Fri Sep 2024	13.20	13.40	13.69	12.96	1.459 times

Price has moved down 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 Thu Oct 2024	13.50	13.15	14.01	13.14	0.408 times
30 Mon Sep 2024	13.19	13.83	13.85	12.96	1.019 times
30 Fri Aug 2024	13.94	13.29	14.44	11.93	1.512 times
31 Wed Jul 2024	13.16	13.76	14.30	12.84	0.746 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 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 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 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 SELL. 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 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 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 buy signal for Petroleo Brasileiro in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 13.56 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 negative.

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