(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 21399050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 16.81 | 16.96 | 17.00 | 16.72 | 0.929 times |
| 23 Tue Apr 2024 | 16.96 | 16.83 | 17.05 | 16.70 | 1.027 times |
| 22 Mon Apr 2024 | 16.94 | 16.48 | 16.95 | 16.42 | 1.37 times |
| 19 Fri Apr 2024 | 16.47 | 15.66 | 16.53 | 15.65 | 1.604 times |
| 18 Thu Apr 2024 | 15.58 | 15.91 | 16.00 | 15.54 | 0.617 times |
| 17 Wed Apr 2024 | 15.69 | 15.70 | 15.84 | 15.54 | 0.664 times |
| 16 Tue Apr 2024 | 15.65 | 15.46 | 15.71 | 15.34 | 0.764 times |
| 15 Mon Apr 2024 | 15.79 | 15.61 | 15.82 | 15.53 | 1.103 times |
| 12 Fri Apr 2024 | 15.72 | 16.08 | 16.12 | 15.55 | 1.123 times |
| 11 Thu Apr 2024 | 16.00 | 16.11 | 16.15 | 15.94 | 0.673 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17.1, for a target of 16.4 or 15.84
Share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Target | 14.21 |
| Downside Target | 14.65 |
| Downside Target | 15.05 |
| Downside Target | 16.17 |
| Downside Target | 16.34 |
| Downside Target | 16.42 |
| Downside Target | 16.53 |
| Upside Target | 16.90 |
| Upside Target | 17.05 |
| Upside Target | 17.39 |
| Upside Target | 17.91 |
Intraday share price targets for Petroleo Brasileiro (PBR)
| Target Type | Value |
| Downside Intraday Target | 16.47 |
| Downside Intraday Target | 16.13 |
| Upside Intraday Target | 17.1 |
| Upside Intraday Target | 17.39 |
| Downside Intraday Target | 16.76 |
Weekly technical analysis of Petroleo Brasileiro (PBR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 16.81 | 16.48 | 17.05 | 16.42 | 0.7 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 |
| 05 Fri Apr 2024 | 15.49 | 15.22 | 16.27 | 15.05 | 1.969 times |
| 28 Thu Mar 2024 | 15.21 | 14.86 | 15.25 | 14.65 | 0.65 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 |
| 24 Wed Apr 2024 | 16.81 | 15.22 | 17.05 | 15.05 | 0.804 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 |
| 31 Wed Jan 2024 | 17.07 | 16.09 | 17.39 | 15.58 | 1.005 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 and the buying is gaining 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 16.25 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 and the buying is gaining 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 16.25 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.