Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-31 View latest technical analysis

10 day averaged volume of Petroleo Brasileiro is 12437260

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	13.45	13.47	13.55	13.36	1.036 times
30 Wed Oct 2024	13.47	13.62	13.71	13.45	0.846 times
29 Tue Oct 2024	13.62	13.76	13.86	13.59	1.19 times
28 Mon Oct 2024	13.79	13.60	13.80	13.54	1.241 times
25 Fri Oct 2024	13.79	13.80	13.91	13.68	1.158 times
24 Thu Oct 2024	13.73	13.58	13.78	13.57	0.918 times
23 Wed Oct 2024	13.65	13.73	13.76	13.62	0.888 times
22 Tue Oct 2024	13.88	13.95	14.01	13.81	1.01 times
21 Mon Oct 2024	13.96	14.15	14.16	13.92	1.055 times
18 Fri Oct 2024	14.16	14.38	14.43	14.12	0.913 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.7, but if it comes above 13.7, then a intra day buy could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 13 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 14.26 as target.

Share price targets for Petroleo Brasileiro (PBR)

Target Type	Value
Downside Target	12.90
Downside Target	13.36
Upside Target	13.86
Upside Target	14.93
Upside Target	15.20
Upside Target	15.25
Upside Target	15.34
Upside Target	15.35
Upside Target	15.54
Upside Target	15.73

Intraday share price targets for Petroleo Brasileiro (PBR)

Target Type	Value
Downside Intraday Target	13.25
Downside Intraday Target	13.06
Upside Intraday Target	13.75
Upside Intraday Target	14.06
Upside Intraday Target	13.56

Weekly technical analysis of Petroleo Brasileiro (PBR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	13.45	13.60	13.86	13.36	0.858 times
25 Fri Oct 2024	13.79	14.15	14.16	13.57	1.076 times
18 Fri Oct 2024	14.16	14.70	14.93	14.12	0.984 times
11 Fri Oct 2024	14.74	15.20	15.34	14.57	0.862 times
04 Fri Oct 2024	15.19	14.53	15.25	14.31	0.923 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
31 Thu Oct 2024	13.45	14.36	15.34	13.36	0.854 times
30 Mon Sep 2024	14.41	15.17	15.20	14.23	0.822 times
30 Fri Aug 2024	15.23	14.41	15.73	12.90	1.311 times
31 Wed Jul 2024	14.27	14.61	15.35	13.94	0.907 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Petroleo Brasileiro stock for short term is SELL. Signal strength is Strong and stock is losing 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 coming down

CCI has generated a SELL signal for Petroleo Brasileiro in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 13.75 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.