(PBR.A) Petroleo Brasileiro complete technical analysis [charts+indicators] | Buy/Sell Petroleo Brasileiro | (PBR.A) share price targets
Complete technical analysis of Petroleo Brasileiro (PBR.A) by charts plus indicators, forecast predictions and share price targets for Petroleo Brasileiro (PBR.A)
Petroleo Brasileiro trades in USA in N A sector.
10 day averaged volume of Petroleo Brasileiro is 7616976
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 14.30 | 14.52 | 14.54 | 14.24 | 0.97 times |
| 16 Thu May 2024 | 14.47 | 14.99 | 15.00 | 14.47 | 1.604 times |
| 15 Wed May 2024 | 14.84 | 14.76 | 15.07 | 14.55 | 3.117 times |
| 14 Tue May 2024 | 15.87 | 15.80 | 16.05 | 15.61 | 1.019 times |
| 13 Mon May 2024 | 16.13 | 16.25 | 16.34 | 16.07 | 0.463 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.6, for a target of 15.3 or 15.85
Share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Target | 14.08 |
| Upside Target | 14.73 |
| Upside Target | 15.52 |
| Upside Target | 16.34 |
| Upside Target | 16.37 |
| Upside Target | 16.41 |
| Upside Target | 16.44 |
| Upside Target | 16.48 |
| Upside Target | 16.54 |
| Upside Target | 16.72 |
| Upside Target | 17.32 |
Intraday share price targets for Petroleo Brasileiro (PBR.A)
| Target Type | Value |
| Downside Intraday Target | 13.58 |
| Downside Intraday Target | 12.86 |
| Upside Intraday Target | 15.68 |
| Upside Intraday Target | 17.06 |
| Upside Intraday Target | 14.96 |
Weekly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 14.30 | 16.25 | 16.34 | 14.24 | 2.538 times |
| 10 Fri May 2024 | 16.07 | 15.70 | 16.37 | 15.68 | 0.793 times |
| 03 Fri May 2024 | 15.66 | 16.20 | 16.54 | 15.52 | 0.746 times |
| 26 Fri Apr 2024 | 16.16 | 15.61 | 16.41 | 15.56 | 0.957 times |
| 19 Fri Apr 2024 | 15.59 | 15.03 | 15.75 | 14.80 | 1.228 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Petroleo Brasileiro (PBR.A)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 14.30 | 16.13 | 16.54 | 14.24 | 0.572 times |
| 30 Tue Apr 2024 | 16.12 | 14.87 | 16.44 | 14.73 | 0.956 times |
| 28 Thu Mar 2024 | 14.90 | 16.41 | 16.48 | 14.08 | 1.216 times |
| 29 Thu Feb 2024 | 16.17 | 16.80 | 17.32 | 15.99 | 1.199 times |
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.A)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 43, 48 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 6 | Sell |
| CCI | -139 | Sell |
| RSI | 44 | Sell |
| OBV | -15054558 | Sell |
| VWAP | 15 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Petroleo Brasileiro ( (PBR.A) ) 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.A) ) 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.A) ) 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.A) ) 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 in or above 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 15.23 and Petroleo Brasileiro (PBR.A) 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.A) stock. Volume based technical analysis of Petroleo Brasileiro (PBR.A) 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.
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