(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 2024-06-11 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 17240500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 14.60 | 14.69 | 14.74 | 14.52 | 0.903 times |
| 10 Mon Jun 2024 | 14.59 | 14.49 | 14.75 | 14.45 | 1.034 times |
| 07 Fri Jun 2024 | 14.54 | 15.04 | 15.12 | 14.46 | 1.838 times |
| 06 Thu Jun 2024 | 15.17 | 15.17 | 15.35 | 15.12 | 0.798 times |
| 05 Wed Jun 2024 | 15.13 | 15.20 | 15.24 | 15.06 | 0.614 times |
| 04 Tue Jun 2024 | 15.17 | 15.08 | 15.17 | 14.89 | 0.91 times |
| 03 Mon Jun 2024 | 15.44 | 15.45 | 15.54 | 15.31 | 0.764 times |
| 31 Fri May 2024 | 15.55 | 15.31 | 15.57 | 15.23 | 1.04 times |
| 30 Thu May 2024 | 15.33 | 15.19 | 15.52 | 15.18 | 0.73 times |
| 29 Wed May 2024 | 15.13 | 15.10 | 15.23 | 14.94 | 1.145 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.7, but if it comes above 14.7, then a intra day buy could be more profitable.
If you take a sell trade below 14.7, then use 14.7 as stoploss and 14.2 as target. However if you take a buy trade in stock , then use 14.7 as stoploss and 15.16 as target.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 14.21 |
| Upside Target | 14.75 |
| Upside Target | 15.54 |
| Upside Target | 15.57 |
| Upside Target | 16.34 |
| Upside Target | 16.90 |
| Upside Target | 17.33 |
| Upside Target | 17.37 |
| Upside Target | 17.44 |
| Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 14.45 |
| Downside Intraday Target | 14.3 |
| Upside Intraday Target | 14.75 |
| Upside Intraday Target | 14.9 |
| Downside Intraday Target | 14.6 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 14.60 | 14.49 | 14.75 | 14.45 | 0.393 times |
| 07 Fri Jun 2024 | 14.54 | 15.45 | 15.54 | 14.46 | 1.218 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 |
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 |
| 11 Tue Jun 2024 | 14.60 | 15.45 | 15.54 | 14.45 | 0.265 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Petroleo Brasileiro in short term and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 15 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 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Petroleo Brasileiro in short term and the sell signal is strong.
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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 15 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.