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(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.

10 day averaged volume of Petroleo Brasileiro is 11238820

Date Daily Closing Price Open High Low Volume
26 Fri Feb 2021 7.90 8.39 8.40 7.85 0.875 times
25 Thu Feb 2021 8.36 9.08 9.16 8.34 0.86 times
24 Wed Feb 2021 8.98 8.84 9.11 8.79 0.999 times
23 Tue Feb 2021 8.81 8.46 8.88 8.29 1.612 times
22 Mon Feb 2021 7.82 8.02 8.21 7.78 2.634 times
19 Fri Feb 2021 10.15 10.37 10.42 10.05 0.887 times
18 Thu Feb 2021 10.75 11.05 11.08 10.70 0.56 times
17 Wed Feb 2021 10.92 10.66 10.94 10.42 0.624 times
16 Tue Feb 2021 10.69 10.73 10.85 10.60 0.33 times
12 Fri Feb 2021 10.56 10.29 10.59 10.28 0.461 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7.8, for a target of 9 or 9.96

Share price targets for Petroleo Brasileiro (PBR.A)

Target Type Value
Downside Target 6.16
Downside Target 6.50
Downside Target 7.54
Downside Target 7.78
Upside Target 9.16
Upside Target 9.58
Upside Target 10.50
Upside Target 10.79
Upside Target 11.08
Upside Target 11.23
Upside Target 11.25
Upside Target 11.72

Intraday share price targets for Petroleo Brasileiro (PBR.A)

Target Type Value
Downside Intraday Target 7.4
Downside Intraday Target 6.9
Upside Intraday Target 8.78
Upside Intraday Target 9.66
Upside Intraday Target 8.28

Weekly technical analysis of Petroleo Brasileiro (PBR.A)

Date Weekly Closing Price Open High Low Volume
26 Fri Feb 2021 7.90 8.02 9.16 7.78 2.907 times
19 Fri Feb 2021 10.15 10.73 11.08 10.05 0.781 times
12 Fri Feb 2021 10.56 10.65 10.79 10.05 1.223 times
05 Fri Feb 2021 10.81 9.96 11.23 9.80 0.751 times
29 Fri Jan 2021 9.78 9.82 10.50 9.58 1.513 times

Price has moved down 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 Feb 2021 7.90 9.96 11.23 7.78 1.264 times
29 Fri Jan 2021 9.78 11.27 11.72 9.58 1.022 times
31 Thu Dec 2020 11.06 9.66 11.25 9.63 0.802 times
30 Mon Nov 2020 9.25 6.71 9.98 6.50 1.089 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 21, 52, 42 Sell
MACD -1, -0Sell
Stochastics 19Sell
CCI -91Sell
RSI 35Sell
OBV 3947200Sell
VWAP 9Sell
ADL 0Sell
ROC -24Sell
Force Index 0Sell

Price action analysis of Petroleo Brasileiro ( (PBR.A) ) 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.A) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Petroleo Brasileiro ( (PBR.A) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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

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 and the sell signal is strong.

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 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 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

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 8.95 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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