(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 2024-08-29 View latest technical analysis
10 day averaged volume of Petroleo Brasileiro is 20233897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 15.28 | 15.36 | 15.50 | 15.20 | 0.783 times |
| 28 Wed Aug 2024 | 15.60 | 15.38 | 15.70 | 15.32 | 1.28 times |
| 27 Tue Aug 2024 | 15.47 | 15.46 | 15.61 | 15.37 | 0.913 times |
| 26 Mon Aug 2024 | 15.65 | 14.77 | 15.73 | 14.74 | 2.402 times |
| 23 Fri Aug 2024 | 14.40 | 14.50 | 14.53 | 14.39 | 0.677 times |
| 22 Thu Aug 2024 | 14.63 | 14.66 | 14.68 | 14.55 | 0.681 times |
| 21 Wed Aug 2024 | 14.86 | 15.09 | 15.12 | 14.80 | 0.725 times |
| 20 Tue Aug 2024 | 14.99 | 15.14 | 15.15 | 14.85 | 0.68 times |
| 19 Mon Aug 2024 | 15.28 | 15.25 | 15.37 | 15.19 | 1.001 times |
| 16 Fri Aug 2024 | 15.16 | 15.07 | 15.18 | 14.97 | 0.944 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 15.3 as stoploss in an intra day sell trade for a target of 14.68. However, stock will show a bullish move above 15.3.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 12.90 |
| Downside Target | 13.36 |
| Downside Target | 13.94 |
| Downside Target | 14.39 |
| Downside Target | 15.05 |
| Upside Target | 15.35 |
| Upside Target | 15.37 |
| Upside Target | 15.54 |
| Upside Target | 15.73 |
| Upside Target | 17.33 |
| Upside Target | 17.44 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 14.77 |
| Downside Intraday Target | 14.26 |
| Upside Intraday Target | 15.76 |
| Upside Intraday Target | 16.24 |
| Downside Intraday Target | 15.25 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 15.28 | 14.77 | 15.73 | 14.74 | 1.429 times |
| 23 Fri Aug 2024 | 14.40 | 15.25 | 15.37 | 14.39 | 0.98 times |
| 16 Fri Aug 2024 | 15.16 | 14.54 | 15.19 | 14.52 | 0.902 times |
| 09 Fri Aug 2024 | 14.21 | 13.03 | 14.44 | 12.90 | 1.294 times |
| 02 Fri Aug 2024 | 13.59 | 14.40 | 14.46 | 13.51 | 1.192 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 |
| 29 Thu Aug 2024 | 15.28 | 14.41 | 15.73 | 12.90 | 1.215 times |
| 31 Wed Jul 2024 | 14.27 | 14.61 | 15.35 | 13.94 | 0.907 times |
| 28 Fri Jun 2024 | 14.49 | 15.45 | 15.54 | 13.36 | 0.775 times |
| 31 Fri May 2024 | 15.55 | 16.99 | 17.44 | 14.75 | 0.92 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 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 short 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 15.26 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 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 short 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Petroleo Brasileiro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 15.26 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.