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 2024-10-15 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 6251830

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	13.12	13.21	13.25	13.11	0.94 times
14 Mon Oct 2024	13.50	13.33	13.59	13.31	0.843 times
11 Fri Oct 2024	13.34	13.38	13.39	13.25	0.786 times
10 Thu Oct 2024	13.50	13.43	13.53	13.41	0.681 times
09 Wed Oct 2024	13.33	13.34	13.40	13.24	0.761 times
08 Tue Oct 2024	13.58	13.74	13.75	13.48	0.8 times
07 Mon Oct 2024	13.99	13.93	14.01	13.85	1.858 times
04 Fri Oct 2024	13.90	13.82	13.92	13.75	0.641 times
03 Thu Oct 2024	13.87	13.62	13.91	13.57	1.244 times
02 Wed Oct 2024	13.76	13.91	13.98	13.72	0.965 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.2, but if it comes above 13.2, then a intra day buy could be more profitable.
If you take a sell trade below 13.2, then use 13.2 as stoploss and 12.9 as target. However if you take a buy trade in stock , then use 13.2 as stoploss and 13.45 as target.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.66
Upside Target	13.59
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	12.96
Downside Intraday Target	12.79
Upside Intraday Target	13.44
Upside Intraday Target	13.75
Upside Intraday Target	13.27

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	13.12	13.33	13.59	13.11	0.365 times
11 Fri Oct 2024	13.34	13.93	14.01	13.24	0.968 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

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
15 Tue Oct 2024	13.12	13.15	14.01	13.11	0.533 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 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 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 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 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 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 coming down

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 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 13.64 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.