(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 2024-03-05 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 7463980
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 16.08 | 16.18 | 16.28 | 15.95 | 1.176 times |
04 Mon Mar 2024 | 16.16 | 16.33 | 16.37 | 16.14 | 0.721 times |
01 Fri Mar 2024 | 16.24 | 16.41 | 16.48 | 16.19 | 0.933 times |
29 Thu Feb 2024 | 16.17 | 16.35 | 16.37 | 15.99 | 1.603 times |
28 Wed Feb 2024 | 16.19 | 17.20 | 17.32 | 16.01 | 2.656 times |
27 Tue Feb 2024 | 17.22 | 17.20 | 17.32 | 17.04 | 0.577 times |
26 Mon Feb 2024 | 17.09 | 17.02 | 17.14 | 16.91 | 0.575 times |
23 Fri Feb 2024 | 16.79 | 16.82 | 16.95 | 16.67 | 0.793 times |
22 Thu Feb 2024 | 16.99 | 17.12 | 17.12 | 16.88 | 0.805 times |
21 Wed Feb 2024 | 17.20 | 17.22 | 17.30 | 17.04 | 0.683 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.3, but if it comes above 16.3, then a intra day buy could be more profitable.
If you take a sell trade below 16.3, then use 16.3 as stoploss and 15.9 as target. However if you take a buy trade in stock , then use 16.3 as stoploss and 16.71 as target.
Share price targets for Petroleo Brasileiro (PBR.A)
Target Type | Value |
Downside Target | 13.47 |
Downside Target | 13.79 |
Downside Target | 15.04 |
Downside Target | 15.95 |
Upside Target | 16.48 |
Upside Target | 16.67 |
Upside Target | 16.72 |
Upside Target | 17.10 |
Upside Target | 17.24 |
Upside Target | 17.31 |
Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
Target Type | Value |
Downside Intraday Target | 15.9 |
Downside Intraday Target | 15.71 |
Upside Intraday Target | 16.32 |
Upside Intraday Target | 16.55 |
Upside Intraday Target | 16.13 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 16.08 | 16.33 | 16.37 | 15.95 | 0.299 times |
01 Fri Mar 2024 | 16.24 | 17.02 | 17.32 | 15.99 | 2.16 times |
23 Fri Feb 2024 | 16.79 | 17.26 | 17.31 | 16.67 | 0.9 times |
16 Fri Feb 2024 | 17.18 | 16.76 | 17.24 | 16.29 | 0.743 times |
09 Fri Feb 2024 | 16.66 | 16.49 | 17.10 | 16.32 | 0.844 times |
Price has moved down 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 |
05 Tue Mar 2024 | 16.08 | 16.41 | 16.48 | 15.95 | 0.155 times |
29 Thu Feb 2024 | 16.17 | 16.80 | 17.32 | 15.99 | 1.163 times |
31 Wed Jan 2024 | 16.40 | 15.37 | 16.72 | 15.04 | 0.853 times |
29 Fri Dec 2023 | 15.28 | 14.45 | 15.51 | 13.47 | 0.938 times |
Scroll below to view daily charts
Price has moved down 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 Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 16.45 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. 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 Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 16.45 and Petroleo Brasileiro (PBR.A) stock is trading below this level. This means that stock is falling with high volumes. 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.