PBR Technical Signal Analysis
PBR have 3 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-04-01. The total price change during this trend is -22.06%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of PBR over last 5 trading day is $408,331,144.66
3 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11.42
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-109.41
Williams %R (14 days)
WILLR_14 < -80
-93.85
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1.66
Momentum (10 days)
MOM_10 < 0
-3.19
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.62
Closing price
close < fibonacci_S1
11.27
3 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
11.42
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-109.41
Williams %R (14 days)
WILLR_14 < -80
-93.85
PBR Support and Resistance Level
The support levels for PBR are at 11.29, 10.49, and 9.19, while the resistance levels are at 13.88, 14.68, and 15.98. With the current stock price at 11.27, it is leaning more toward the support levels.
PBR Technical Analysis
Technical Analysis of PBR Stock
Current Price and Trend
As of the latest data, Petrobras (PBR) is trading at $14.18, showing a bullish trend with a price increase of +0.93% during regular market hours. The stock closed at $14.16 on March 21, 2025, with a high of $14.30 and a low of $13.9117.
Key Technical Indicators
- RSI (14-period): 61.07 (neutral, not overbought or oversold).
- MACD: 0.02 (bullish crossover signal line at 0.14).
- Stochastic Oscillator: %K (90.82) and %D (89.60) indicate overbought conditions, suggesting a potential pullback.
- Fibonacci Levels:
- Pivot Point: $13.39
- Resistance Levels: $14.10, $14.53, $15.24
- Support Levels: $12.68, $12.25, $11.54
Volume and Momentum
The stock saw heavy trading volume of 38,991,245 shares, indicating strong market interest. The price is currently testing the first Fibonacci resistance level ($14.10), with the next target at $14.53.
Recent News Impact
- HSBC Upgrade: PBR was upgraded to Buy with a $15 price target, reflecting positive sentiment.
- Settlement Agreement: Petrobras agreed to pay $283 million to resolve a U.S. court dispute, which is already provisioned in earnings.
Recommendation
Buy Petrobras (PBR) at the current price of $14.18, targeting the next Fibonacci resistance level at $14.53. Set a stop-loss below the pivot point at $13.39 to manage risk.
The bullish MACD crossover, strong volume, and positive analyst sentiment support this recommendation. However, be cautious of potential pullbacks due to overbought stochastic conditions.
PBR FAQs
Which bull technical signals does PBR have?
Bullish technical signals of PBR include: STOCHk_14_3_3 < 20, CCI_20_0.015 < -100, WILLR_14 < -80.
Which bearish technical signals does PBR have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for PBR stock?
Is PBR a buy based on overall technical signals summary?
PBR Buy or Sell
PBR has 3 buy signals and 4 sell signals now. Overall the technical rating for PBR is Neutral.
PBR Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 11.27 below the SMA_5. In the short term, the stock shows a negative trend with the 11.59 below the SMA_20. In the mid term, the stock shows a negative trend with the 13.26 below the SMA_60. In the long term, the stock shows a negative trend with the 13.61 below the SMA_200.
Swing
Stock Price Below SMA_5
Short Term
SMA_5 Below SMA_20
Mid Term
SMA_20 Below SMA_60
Long Term
SMA_60 Below SMA_200
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What do technical indicators suggest about PBR's current trend?What are PBR's key support and resistance levels?