(PBR) Petroleo Brasileiro complete technical analysis [charts+indicators] | Buy/Sell Petroleo Brasileiro | (PBR) share price targets
Complete technical analysis of Petroleo Brasileiro (PBR) by charts plus indicators, forecast predictions and share price targets for Petroleo Brasileiro (PBR)
Petroleo Brasileiro trades in USA in Energy sector.
Showing technical analysis as on 2024-04-05 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 22210810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 15.49 | 15.16 | 15.58 | 15.13 | 1.051 times |
| 04 Thu Apr 2024 | 15.52 | 15.82 | 16.27 | 15.35 | 2.827 times |
| 03 Wed Apr 2024 | 15.59 | 15.56 | 15.68 | 15.39 | 0.711 times |
| 02 Tue Apr 2024 | 15.63 | 15.39 | 15.66 | 15.37 | 0.945 times |
| 01 Mon Apr 2024 | 15.22 | 15.22 | 15.26 | 15.05 | 0.683 times |
| 28 Thu Mar 2024 | 15.21 | 14.94 | 15.25 | 14.87 | 1.242 times |
| 27 Wed Mar 2024 | 14.93 | 14.73 | 14.96 | 14.65 | 0.645 times |
| 26 Tue Mar 2024 | 14.74 | 14.90 | 14.94 | 14.73 | 0.6 times |
| 25 Mon Mar 2024 | 14.94 | 14.86 | 15.05 | 14.85 | 0.669 times |
| 22 Fri Mar 2024 | 14.69 | 14.61 | 14.78 | 14.49 | 0.621 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.3, but if it comes below 15.3, then a intra day sell could be more profitable.
If you take a sell trade below 15.3, then use 15.3 as stoploss and 14.95 as target. However if you take a buy trade in stock , then use 15.3 as stoploss and 15.7 as target.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 14.21 |
| Downside Target | 15.03 |
| Upside Target | 15.58 |
| Upside Target | 16.26 |
| Upside Target | 16.27 |
| Upside Target | 16.34 |
| Upside Target | 16.89 |
| Upside Target | 16.90 |
| Upside Target | 17.39 |
| Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 14.94 |
| Downside Intraday Target | 14.38 |
| Upside Intraday Target | 16.16 |
| Upside Intraday Target | 16.82 |
| Upside Intraday Target | 15.6 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 15.49 | 15.22 | 16.27 | 15.05 | 1.969 times |
| 28 Thu Mar 2024 | 15.21 | 14.86 | 15.25 | 14.65 | 0.65 times |
| 22 Fri Mar 2024 | 14.69 | 14.75 | 15.03 | 14.21 | 0.764 times |
| 15 Fri Mar 2024 | 14.54 | 14.60 | 15.27 | 14.49 | 0.842 times |
| 08 Fri Mar 2024 | 14.78 | 16.74 | 16.89 | 14.32 | 1.437 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)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 15.49 | 15.22 | 16.27 | 15.05 | 0.273 times |
| 28 Thu Mar 2024 | 15.21 | 16.79 | 16.90 | 14.21 | 1.426 times |
| 29 Thu Feb 2024 | 16.52 | 17.44 | 17.91 | 16.34 | 1.201 times |
| 31 Wed Jan 2024 | 17.07 | 16.09 | 17.39 | 15.58 | 1.005 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)
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) 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) ) 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) ) 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 15.3 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) 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.
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) 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) ) 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) ) 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 15.3 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) 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.