(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.
10 day averaged volume of Petroleo Brasileiro is 18227710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 17.08 | 17.38 | 17.41 | 17.06 | 0.605 times |
| 09 Thu May 2024 | 17.22 | 16.85 | 17.29 | 16.82 | 0.856 times |
| 08 Wed May 2024 | 17.12 | 16.83 | 17.20 | 16.82 | 0.736 times |
| 07 Tue May 2024 | 17.01 | 16.66 | 17.04 | 16.66 | 0.996 times |
| 06 Mon May 2024 | 16.63 | 16.50 | 16.77 | 16.48 | 0.711 times |
| 03 Fri May 2024 | 16.43 | 16.86 | 16.86 | 16.30 | 1.429 times |
| 02 Thu May 2024 | 17.34 | 17.27 | 17.44 | 17.16 | 1.077 times |
| 01 Wed May 2024 | 16.94 | 16.99 | 17.08 | 16.67 | 0.743 times |
| 30 Tue Apr 2024 | 16.97 | 17.05 | 17.21 | 16.86 | 1.079 times |
| 29 Mon Apr 2024 | 17.33 | 17.03 | 17.33 | 17.00 | 1.275 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 17.3 as stoploss in an intra day sell trade for a target of 16.7. However, stock will show a bullish move above 17.3.
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 14.21 |
| Downside Target | 15.05 |
| Downside Target | 16.17 |
| Downside Target | 16.90 |
| Upside Target | 17.17 |
| Upside Target | 17.33 |
| Upside Target | 17.39 |
| 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 | 16.57 |
| Downside Intraday Target | 16.06 |
| Upside Intraday Target | 17.5 |
| Upside Intraday Target | 17.92 |
| Downside Intraday Target | 16.99 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 17.08 | 16.50 | 17.41 | 16.48 | 0.697 times |
| 03 Fri May 2024 | 16.43 | 17.03 | 17.44 | 16.30 | 0.954 times |
| 26 Fri Apr 2024 | 17.05 | 16.48 | 17.17 | 16.42 | 1.053 times |
| 19 Fri Apr 2024 | 16.47 | 15.61 | 16.53 | 15.34 | 1.068 times |
| 12 Fri Apr 2024 | 15.72 | 15.41 | 16.17 | 15.26 | 0.689 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 |
| 10 Fri May 2024 | 17.08 | 16.99 | 17.44 | 16.30 | 0.269 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 |
| 29 Thu Feb 2024 | 16.52 | 17.44 | 17.91 | 16.34 | 1.201 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 gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Petroleo Brasileiro in short term and the buy signal is strong.
Petroleo Brasileiro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Petroleo Brasileiro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 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 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 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.