(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 2024-02-28 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 16579150
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 16.72 | 17.72 | 17.83 | 16.56 | 2.446 times |
27 Tue Feb 2024 | 17.70 | 17.76 | 17.91 | 17.58 | 1.007 times |
26 Mon Feb 2024 | 17.65 | 17.57 | 17.75 | 17.43 | 0.894 times |
23 Fri Feb 2024 | 17.36 | 17.39 | 17.52 | 17.20 | 1.132 times |
22 Thu Feb 2024 | 17.58 | 17.65 | 17.65 | 17.35 | 1.16 times |
21 Wed Feb 2024 | 17.64 | 17.70 | 17.83 | 17.56 | 0.936 times |
20 Tue Feb 2024 | 17.64 | 17.84 | 17.91 | 17.54 | 1.318 times |
16 Fri Feb 2024 | 17.70 | 17.54 | 17.80 | 17.51 | 1.031 times |
15 Thu Feb 2024 | 17.40 | 16.93 | 17.46 | 16.91 | 0.814 times |
14 Wed Feb 2024 | 16.92 | 17.03 | 17.29 | 16.89 | 0.922 times |
Stock of Petroleo Brasileiro (PBR) has showed a significant fall. This could be a good time to exit from this stock.
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 16.7, for a target of 17 or 17.3
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 |
Upside Target | 17.20 |
Upside Target | 17.39 |
Upside Target | 17.49 |
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 | 16.22 |
Downside Intraday Target | 15.71 |
Upside Intraday Target | 17.57 |
Upside Intraday Target | 18.41 |
Upside Intraday Target | 17.06 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 16.72 | 17.57 | 17.91 | 16.56 | 0.956 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 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)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 16.72 | 17.44 | 17.91 | 16.56 | 1.112 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Petroleo Brasileiro in short term but the sell signal is initial and weak.
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 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 but buying is losing 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 17.35 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 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 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 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 losing momentum.
MACD generated a SELL signal for Petroleo Brasileiro in short term but the sell signal is initial and weak.
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 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 but buying is losing 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 17.35 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.