(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 2024-11-21 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 16790540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 14.15 | 14.12 | 14.31 | 14.04 | 0.903 times |
| 20 Wed Nov 2024 | 14.28 | 14.25 | 14.45 | 14.17 | 0.588 times |
| 19 Tue Nov 2024 | 14.21 | 14.36 | 14.45 | 14.18 | 1.051 times |
| 18 Mon Nov 2024 | 14.45 | 14.27 | 14.49 | 14.23 | 0.981 times |
| 15 Fri Nov 2024 | 14.11 | 14.07 | 14.26 | 14.03 | 0.869 times |
| 14 Thu Nov 2024 | 13.99 | 13.85 | 14.10 | 13.85 | 0.979 times |
| 13 Wed Nov 2024 | 13.81 | 13.73 | 13.86 | 13.58 | 0.958 times |
| 12 Tue Nov 2024 | 13.72 | 13.62 | 13.84 | 13.62 | 1.336 times |
| 11 Mon Nov 2024 | 13.62 | 13.54 | 13.63 | 13.35 | 0.946 times |
| 08 Fri Nov 2024 | 13.68 | 13.56 | 13.72 | 13.33 | 1.176 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.1, but if it comes below 14.1, then a intra day sell could be more profitable.
If you take a sell trade below 14.1, then use 14.1 as stoploss and 13.73 as target. However if you take a buy trade in stock , then use 14.1 as stoploss and 14.5 as target.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 12.90 |
| Downside Target | 13.35 |
| Upside Target | 14.16 |
| Upside Target | 14.23 |
| Upside Target | 14.26 |
| Upside Target | 14.49 |
| Upside Target | 15.20 |
| Upside Target | 15.34 |
| Upside Target | 15.35 |
| Upside Target | 15.73 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 13.96 |
| Downside Intraday Target | 13.78 |
| Upside Intraday Target | 14.41 |
| Upside Intraday Target | 14.68 |
| Upside Intraday Target | 14.23 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 14.15 | 14.27 | 14.49 | 14.04 | 0.692 times |
| 15 Fri Nov 2024 | 14.11 | 13.54 | 14.26 | 13.35 | 1.029 times |
| 08 Fri Nov 2024 | 13.68 | 13.34 | 13.72 | 13.01 | 1.156 times |
| 01 Fri Nov 2024 | 13.11 | 13.60 | 13.86 | 13.04 | 1.148 times |
| 25 Fri Oct 2024 | 13.79 | 14.15 | 14.16 | 13.57 | 1.076 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)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 14.15 | 13.46 | 14.49 | 13.01 | 0.851 times |
| 31 Thu Oct 2024 | 13.45 | 14.36 | 15.34 | 13.36 | 0.854 times |
| 30 Mon Sep 2024 | 14.41 | 15.17 | 15.20 | 14.23 | 0.822 times |
| 30 Fri Aug 2024 | 15.23 | 14.41 | 15.73 | 12.90 | 1.311 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 neutral. A longer time frame might give a better analysis.
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 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 coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 13.98 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 neutral. A longer time frame might give a better analysis.
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 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 coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 13.98 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.