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.

10 day averaged volume of Petroleo Brasileiro is 5360640

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	13.15	13.11	13.35	13.08	0.859 times
19 Tue Nov 2024	13.09	13.22	13.27	13.05	0.634 times
18 Mon Nov 2024	13.27	13.07	13.32	13.07	1.057 times
15 Fri Nov 2024	12.97	12.88	13.14	12.88	0.65 times
14 Thu Nov 2024	12.84	12.81	12.93	12.75	1.005 times
13 Wed Nov 2024	12.75	12.71	12.79	12.61	0.905 times
12 Tue Nov 2024	12.76	12.61	12.86	12.61	1.247 times
11 Mon Nov 2024	12.63	12.55	12.64	12.39	0.829 times
08 Fri Nov 2024	12.67	12.55	12.68	12.30	1.448 times
07 Thu Nov 2024	12.51	12.54	12.61	12.43	1.063 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13, but if it comes below 13, then a intra day sell could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 12.64 as target. However if you take a buy trade in stock , then use 13 as stoploss and 13.3 as target.

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type	Value
Downside Target	11.93
Downside Target	12.68
Downside Target	12.96
Downside Target	13.05
Downside Target	13.14
Upside Target	13.35
Upside Target	13.85
Upside Target	14.01
Upside Target	14.30
Upside Target	14.44

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

Target Type	Value
Downside Intraday Target	13.02
Downside Intraday Target	12.88
Upside Intraday Target	13.32
Upside Intraday Target	13.48
Upside Intraday Target	13.18

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	13.15	13.07	13.35	13.05	0.55 times
15 Fri Nov 2024	12.97	12.55	13.14	12.39	0.927 times
08 Fri Nov 2024	12.67	12.33	12.68	12.09	0.596 times
01 Fri Nov 2024	12.02	12.50	12.68	12.01	1.902 times
25 Fri Oct 2024	12.62	12.90	12.90	12.42	0.992 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
20 Wed Nov 2024	13.15	12.40	13.35	12.01	0.48 times
31 Thu Oct 2024	12.37	13.15	14.01	12.31	1.132 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Petroleo Brasileiro stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 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.