(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 2024-06-06 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 15865820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 15.17 | 15.17 | 15.35 | 15.12 | 0.867 times |
| 05 Wed Jun 2024 | 15.13 | 15.20 | 15.24 | 15.06 | 0.668 times |
| 04 Tue Jun 2024 | 15.17 | 15.08 | 15.17 | 14.89 | 0.989 times |
| 03 Mon Jun 2024 | 15.44 | 15.45 | 15.54 | 15.31 | 0.83 times |
| 31 Fri May 2024 | 15.55 | 15.31 | 15.57 | 15.23 | 1.13 times |
| 30 Thu May 2024 | 15.33 | 15.19 | 15.52 | 15.18 | 0.793 times |
| 29 Wed May 2024 | 15.13 | 15.10 | 15.23 | 14.94 | 1.244 times |
| 28 Tue May 2024 | 15.25 | 15.17 | 15.36 | 15.10 | 1.225 times |
| 24 Fri May 2024 | 14.82 | 14.97 | 15.03 | 14.75 | 0.727 times |
| 23 Thu May 2024 | 14.89 | 15.20 | 15.28 | 14.86 | 0.992 times |
My analysis of stock is bearish for shortterm, and stock might move down till 14.8 or till 13.9. Use a stoploss of 15.54 and if the stock hits stoploss, then it can shoot up till 16.3
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 14.21 |
| Downside Target | 14.75 |
| Upside Target | 15.57 |
| Upside Target | 16.34 |
| Upside Target | 16.48 |
| Upside Target | 16.90 |
| Upside Target | 17.33 |
| Upside Target | 17.37 |
| Upside Target | 17.41 |
| Upside Target | 17.44 |
| Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 14.86 |
| Downside Intraday Target | 14.55 |
| Upside Intraday Target | 15.51 |
| Upside Intraday Target | 15.85 |
| Upside Intraday Target | 15.2 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 15.17 | 15.45 | 15.54 | 14.89 | 0.763 times |
| 31 Fri May 2024 | 15.55 | 15.17 | 15.57 | 14.94 | 0.802 times |
| 24 Fri May 2024 | 14.82 | 15.14 | 15.28 | 14.75 | 0.545 times |
| 17 Fri May 2024 | 15.02 | 17.27 | 17.37 | 14.98 | 2.238 times |
| 10 Fri May 2024 | 17.08 | 16.50 | 17.41 | 16.48 | 0.697 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 |
| 06 Thu Jun 2024 | 15.17 | 15.45 | 15.54 | 14.89 | 0.119 times |
| 31 Fri May 2024 | 15.55 | 16.99 | 17.44 | 14.75 | 0.92 times |
| 30 Tue Apr 2024 | 16.97 | 15.22 | 17.33 | 15.05 | 0.96 times |
| 28 Thu Mar 2024 | 15.21 | 16.79 | 16.90 | 14.21 | 1.426 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Petroleo Brasileiro ( (PBR) ) based on a short to mid 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 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 BUY signal for Petroleo Brasileiro in short term but the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 15.2 and Petroleo Brasileiro (PBR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Petroleo Brasileiro ( (PBR) ) based on a short to mid 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 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 BUY signal for Petroleo Brasileiro in short term but the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 15.2 and Petroleo Brasileiro (PBR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.