(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 2024-02-26 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 15759700
Date | Daily Closing Price | Open | High | Low | Volume |
26 Mon Feb 2024 | 17.65 | 17.57 | 17.75 | 17.43 | 0.94 times |
23 Fri Feb 2024 | 17.36 | 17.39 | 17.52 | 17.20 | 1.191 times |
22 Thu Feb 2024 | 17.58 | 17.65 | 17.65 | 17.35 | 1.221 times |
21 Wed Feb 2024 | 17.64 | 17.70 | 17.83 | 17.56 | 0.985 times |
20 Tue Feb 2024 | 17.64 | 17.84 | 17.91 | 17.54 | 1.386 times |
16 Fri Feb 2024 | 17.70 | 17.54 | 17.80 | 17.51 | 1.084 times |
15 Thu Feb 2024 | 17.40 | 16.93 | 17.46 | 16.91 | 0.856 times |
14 Wed Feb 2024 | 16.92 | 17.03 | 17.29 | 16.89 | 0.97 times |
13 Tue Feb 2024 | 16.96 | 17.19 | 17.22 | 16.85 | 0.827 times |
12 Mon Feb 2024 | 17.27 | 17.21 | 17.57 | 17.21 | 0.581 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.5, but if it comes below 17.5, then a intra day sell could be more profitable.
If you take a sell trade below 17.5, then use 17.5 as stoploss and 17.29 as target. However if you take a buy trade in stock , then use 17.5 as stoploss and 17.9 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 | 17.20 |
Downside Target | 17.43 |
Downside Target | 17.49 |
Upside Target | 17.75 |
Upside Target | 17.76 |
Upside Target | 17.80 |
Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
Target Type | Value |
Downside Intraday Target | 17.47 |
Downside Intraday Target | 17.29 |
Upside Intraday Target | 17.79 |
Upside Intraday Target | 17.93 |
Downside Intraday Target | 17.61 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Mon Feb 2024 | 17.65 | 17.57 | 17.75 | 17.43 | 0.197 times |
23 Fri Feb 2024 | 17.36 | 17.84 | 17.91 | 17.20 | 1.108 times |
16 Fri Feb 2024 | 17.70 | 17.21 | 17.80 | 16.85 | 0.94 times |
09 Fri Feb 2024 | 17.19 | 17.01 | 17.49 | 16.74 | 0.838 times |
02 Fri Feb 2024 | 17.01 | 17.00 | 17.76 | 16.86 | 1.114 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 |
26 Mon Feb 2024 | 17.65 | 17.44 | 17.91 | 16.74 | 0.918 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 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) ) 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 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 SELL signal for Petroleo Brasileiro in short term but the sell 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 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 stronger in this stock.
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
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 17.44 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 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) ) 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 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 SELL signal for Petroleo Brasileiro in short term but the sell 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 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 stronger in this stock.
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
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 17.44 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.