(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 2024-01-18 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 12355920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 15.82 | 15.90 | 15.92 | 15.66 | 0.847 times |
| 17 Wed Jan 2024 | 15.90 | 15.92 | 16.00 | 15.83 | 1.006 times |
| 16 Tue Jan 2024 | 16.08 | 16.30 | 16.34 | 16.05 | 0.95 times |
| 12 Fri Jan 2024 | 16.34 | 16.42 | 16.54 | 16.29 | 0.811 times |
| 12 Fri Jan 2024 | 16.34 | 16.42 | 16.54 | 16.29 | 0.811 times |
| 11 Thu Jan 2024 | 16.25 | 16.10 | 16.27 | 15.94 | 1.178 times |
| 10 Wed Jan 2024 | 15.94 | 16.12 | 16.14 | 15.85 | 1.195 times |
| 09 Tue Jan 2024 | 15.99 | 16.28 | 16.29 | 15.98 | 0.987 times |
| 08 Mon Jan 2024 | 16.28 | 16.23 | 16.28 | 15.97 | 1.134 times |
| 05 Fri Jan 2024 | 16.54 | 16.57 | 16.65 | 16.37 | 0.799 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15.8 as stoploss in an intra day buy trade for a target of 16.1. However, stock will show a bearish move below 15.8.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 13.57 |
| Downside Target | 14.09 |
| Downside Target | 14.85 |
| Downside Target | 15.66 |
| Upside Target | 16.29 |
| Upside Target | 16.34 |
| Upside Target | 16.38 |
| Upside Target | 16.54 |
| Upside Target | 16.55 |
| Upside Target | 16.79 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 15.54 |
| Downside Intraday Target | 15.26 |
| Upside Intraday Target | 16.22 |
| Upside Intraday Target | 16.62 |
| Upside Intraday Target | 15.94 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 15.82 | 16.30 | 16.34 | 15.66 | 3.459 times |
| 12 Fri Jan 2024 | 16.34 | 16.42 | 16.54 | 16.29 | 0.153 times |
| 12 Fri Jan 2024 | 16.34 | 16.23 | 16.54 | 15.85 | 1.253 times |
| 05 Fri Jan 2024 | 16.54 | 16.09 | 16.79 | 15.92 | 10.491 times |
| 29 Fri Dec 2023 | 15.97 | 16.06 | 16.10 | 15.91 | 0.147 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)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 15.82 | 16.09 | 16.79 | 15.66 | 0.553 times |
| 29 Fri Dec 2023 | 15.97 | 15.22 | 16.26 | 14.30 | 0.811 times |
| 30 Thu Nov 2023 | 15.27 | 15.15 | 16.38 | 14.85 | 0.81 times |
| 31 Tue Oct 2023 | 15.00 | 15.03 | 16.55 | 13.57 | 1.041 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)
Price action analysis of Petroleo Brasileiro ( (PBR) ) 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) ) 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) ) based on a short to mid 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 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 Weak 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 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 16.14 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) 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) ) 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) ) 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) ) based on a short to mid 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 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 Weak 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 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 16.14 and Petroleo Brasileiro (PBR) 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) stock. Volume based technical analysis of Petroleo Brasileiro (PBR) 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.