(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 2024-01-26 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 5049650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 16.29 | 15.97 | 16.33 | 15.93 | 1.197 times |
| 25 Thu Jan 2024 | 15.98 | 15.60 | 15.99 | 15.54 | 1.474 times |
| 24 Wed Jan 2024 | 15.35 | 15.61 | 15.66 | 15.30 | 0.992 times |
| 23 Tue Jan 2024 | 15.43 | 15.11 | 15.45 | 15.06 | 2.103 times |
| 22 Mon Jan 2024 | 15.10 | 15.18 | 15.23 | 15.04 | 0.695 times |
| 19 Fri Jan 2024 | 15.17 | 15.30 | 15.30 | 15.09 | 1.092 times |
| 18 Thu Jan 2024 | 15.28 | 15.33 | 15.35 | 15.18 | 0.526 times |
| 17 Wed Jan 2024 | 15.35 | 15.38 | 15.43 | 15.32 | 0.712 times |
| 16 Tue Jan 2024 | 15.47 | 15.69 | 15.74 | 15.45 | 1.016 times |
| 12 Fri Jan 2024 | 15.74 | 15.86 | 15.93 | 15.73 | 0.695 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 16.2, for a target of 15.9 or 15.56
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 |
| Downside Target | 15.73 |
| Downside Target | 15.74 |
| Downside Target | 15.93 |
| Downside Target | 16.01 |
| Upside Target | 16.33 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 15.44 |
| Downside Intraday Target | 14.6 |
| Upside Intraday Target | 16.73 |
| Upside Intraday Target | 17.18 |
| Downside Intraday Target | 15.89 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 16.29 | 15.18 | 16.33 | 15.04 | 1.932 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 16.29 | 15.37 | 16.33 | 15.04 | 0.693 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
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 stronger in this stock.
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 and BUY signal is strong.
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
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 15.56 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
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 stronger in this stock.
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 and BUY signal is strong.
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
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 15.56 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.