(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 2024-02-06 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 17726360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 17.23 | 17.24 | 17.47 | 17.11 | 0.894 times |
| 05 Mon Feb 2024 | 16.92 | 17.01 | 17.13 | 16.74 | 1.261 times |
| 02 Fri Feb 2024 | 17.01 | 17.34 | 17.42 | 16.99 | 0.932 times |
| 01 Thu Feb 2024 | 17.49 | 17.44 | 17.76 | 17.18 | 1.338 times |
| 31 Wed Jan 2024 | 17.07 | 17.11 | 17.39 | 16.97 | 1.253 times |
| 30 Tue Jan 2024 | 17.04 | 17.09 | 17.21 | 16.96 | 0.62 times |
| 29 Mon Jan 2024 | 17.16 | 17.00 | 17.22 | 16.86 | 0.733 times |
| 26 Fri Jan 2024 | 17.05 | 16.72 | 17.21 | 16.65 | 0.973 times |
| 25 Thu Jan 2024 | 16.67 | 16.17 | 16.73 | 16.09 | 1.143 times |
| 24 Wed Jan 2024 | 15.89 | 16.18 | 16.25 | 15.83 | 0.944 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.1, but if it comes below 17.1, then a intra day sell could be more profitable.
If you take a sell trade below 17.1, then use 17.1 as stoploss and 16.48 as target. However if you take a buy trade in stock , then use 17.1 as stoploss and 17.8 as target.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 13.57 |
| Downside Target | 14.30 |
| Downside Target | 14.85 |
| Downside Target | 15.58 |
| Downside Target | 16.26 |
| Downside Target | 16.74 |
| Downside Target | 16.86 |
| Downside Target | 17.21 |
| Upside Target | 17.39 |
| Upside Target | 17.47 |
| Upside Target | 17.76 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 16.82 |
| Downside Intraday Target | 16.42 |
| Upside Intraday Target | 17.55 |
| Upside Intraday Target | 17.88 |
| Downside Intraday Target | 17.15 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 17.23 | 17.01 | 17.47 | 16.74 | 0.442 times |
| 02 Fri Feb 2024 | 17.01 | 17.00 | 17.76 | 16.86 | 1.114 times |
| 26 Fri Jan 2024 | 17.05 | 15.75 | 17.21 | 15.58 | 1.783 times |
| 19 Fri Jan 2024 | 15.74 | 16.30 | 16.34 | 15.64 | 4.344 times |
| 12 Fri Jan 2024 | 16.34 | 16.42 | 16.54 | 16.29 | 0.153 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 |
| 06 Tue Feb 2024 | 17.23 | 17.44 | 17.76 | 16.74 | 0.266 times |
| 31 Wed Jan 2024 | 17.07 | 16.09 | 17.39 | 15.58 | 1.005 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 |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 16.96 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 16.96 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.