(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 2024-01-23 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 4042840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 15.43 | 15.11 | 15.45 | 15.06 | 2.627 times |
| 22 Mon Jan 2024 | 15.10 | 15.18 | 15.23 | 15.04 | 0.869 times |
| 19 Fri Jan 2024 | 15.17 | 15.30 | 15.30 | 15.09 | 1.364 times |
| 18 Thu Jan 2024 | 15.28 | 15.33 | 15.35 | 15.18 | 0.656 times |
| 17 Wed Jan 2024 | 15.35 | 15.38 | 15.43 | 15.32 | 0.889 times |
| 16 Tue Jan 2024 | 15.47 | 15.69 | 15.74 | 15.45 | 1.269 times |
| 12 Fri Jan 2024 | 15.74 | 15.86 | 15.93 | 15.73 | 0.868 times |
| 12 Fri Jan 2024 | 15.74 | 15.86 | 15.93 | 15.73 | 0.868 times |
| 11 Thu Jan 2024 | 15.61 | 15.55 | 15.63 | 15.42 | 0.777 times |
| 10 Wed Jan 2024 | 15.35 | 15.50 | 15.55 | 15.31 | 1.192 times |
Stock of Petroleo Brasileiro (PBR.A) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 15.3 or till 15. Use a stoploss of 15.48 and if the stock hits stoploss, then it can shoot up till 15.71
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 12.43 |
| Downside Target | 12.98 |
| Downside Target | 13.47 |
| Downside Target | 13.79 |
| Downside Target | 14.31 |
| Downside Target | 15.04 |
| Upside Target | 15.51 |
| Upside Target | 15.73 |
| Upside Target | 15.74 |
| Upside Target | 15.93 |
| Upside Target | 16.01 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 15.16 |
| Downside Intraday Target | 14.9 |
| Upside Intraday Target | 15.57 |
| Upside Intraday Target | 15.72 |
| Downside Intraday Target | 15.31 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 15.43 | 15.18 | 15.45 | 15.04 | 0.837 times |
| 19 Fri Jan 2024 | 15.17 | 15.69 | 15.74 | 15.09 | 4.811 times |
| 12 Fri Jan 2024 | 15.74 | 15.86 | 15.93 | 15.73 | 0.164 times |
| 12 Fri Jan 2024 | 15.74 | 15.60 | 15.93 | 15.31 | 1.026 times |
| 05 Fri Jan 2024 | 15.87 | 15.37 | 16.01 | 15.25 | 11.458 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 |
| 23 Tue Jan 2024 | 15.43 | 15.37 | 16.01 | 15.04 | 0.559 times |
| 29 Fri Dec 2023 | 15.28 | 14.45 | 15.51 | 13.47 | 0.938 times |
| 30 Thu Nov 2023 | 14.55 | 13.96 | 15.31 | 13.79 | 0.739 times |
| 31 Tue Oct 2023 | 13.83 | 13.72 | 15.30 | 12.43 | 1.363 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 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 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 SELL signal for Petroleo Brasileiro in short term but the sell signal is initial and weak.
Petroleo Brasileiro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 15.41 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 positive
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 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 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 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 SELL signal for Petroleo Brasileiro in short term but the sell signal is initial and weak.
Petroleo Brasileiro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 15.41 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.