PBR technical analysis
PBR Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
PBR Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- PBR
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 18.72 | August 4, 2026 | - | Verified |
| Verification series | 18.72 | August 4, 2026 | 0.00% | Verified |
Bottom line
PBR Technical Analysis Summary
PBR (Petrobras) is in a technically bullish position. On the daily chart, price at 18.72 sits above the rising SMA20 (18.25), SMA50 (17.81), and SMA200 (16.17) with bullish moving-average alignment. RSI14 at 56.14 is above the 50 midline without reaching overbought, and the MACD line (0.38) is above its signal line (0.28) with a positive histogram (0.10), confirming upward momentum. The weekly chart reinforces the bullish structure: price at 19.40 is above SMA20 (19.01), SMA50 (15.45), and SMA200 (11.82), with RSI at 59.79, although the weekly MACD histogram is slightly negative, showing momentum is consolidating after a strong advance. Support sits near the SMA20 at 18.25, then the 20-day low at 16.81 and the SMA200 at 16.17. Resistance is at the 20-day high 19.46, the 60-day high 20.73, and the 52-week high 22.07. A decisive weekly MACD crossover to positive combined with a daily close above 19.46 would confirm trend continuation, while a break below 18.25 would signal near-term weakness.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Bullish. Price at 18.72 is above SMA20 (18.25, +2.56%), SMA50 (17.81, +5.11%), and SMA200 (16.17, +15.75%). The moving averages are aligned bullishly with SMA20 above SMA50 above SMA200, and all three are sloping upward. Price reclaimed the SMA20 during the recent rally and has held above it, confirming the short-term uptrend after a pullback from the 52-week high.
- Momentum
- Bullish. RSI14 at 56.14 is above the 50 midline and rising, indicating positive momentum without reaching overbought conditions. The MACD line at 0.38 is above the signal line at 0.28, and the histogram at 0.10 is positive, confirming bullish momentum. This marks a shift from the earlier negative histogram and reflects renewed upward pressure.
- Volatility
- Moderate. ATR14 at 0.50 (2.67% of price) reflects average daily movement near 2.7%. Bollinger Bands (16.91 to 19.59) are moderately wide, and price is trading in the upper half of the bands, consistent with an uptrend. Band width is moderate, typical for an integrated energy ADR.
- Volume
- Slightly below average. Latest volume of 13,718,394 is 91.1% of the 20-day average (15,061,555). The recent advance has been supported by roughly average participation, and the latest down day saw slightly below-average volume, suggesting the pullback is not aggressive.
Assessment
The daily chart shows a clear uptrend. Price is above all major moving averages with bullish alignment, RSI is positive but not overbought, and MACD is bullish. The 52-week position at 68.96% reflects that the stock is in the upper portion of its annual range. After a strong 20-day advance of 12.36%, the most recent session declined 1.78%, a minor consolidation within the trend. A hold above SMA20 (18.25) keeps the bullish structure intact, while a break below the 20-day low (16.81) would signal short-term deterioration.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 19.40 is above SMA20 (19.01, +2.03%), SMA50 (15.45, +25.53%), and SMA200 (11.82, +64.09%). All moving averages are rising with bullish alignment, reflecting a durable longer-term uptrend from the 2021 lows. Price has traded in the upper portion of the weekly range as momentum has been strong.
- Momentum
- Bullish but consolidating. RSI14 at 59.79 is above 50, indicating positive momentum without reaching overbought. The MACD line at 0.61 is below the signal line at 0.86, and the histogram at -0.25 is negative. This shows that while price continues to climb, weekly momentum has been slowing relative to the stronger advance earlier in the year. A positive histogram crossover would confirm renewed momentum.
- Volatility
- Moderate to elevated. ATR14 at 1.30 (6.68% of price) reflects wide weekly ranges for an energy ADR exposed to oil prices and Brazil. Bollinger Bands (15.84 to 22.18) are wide, with price near the upper band, reflecting the strength of the weekly trend.
- Volume
- Below average. Weekly volume of 74,403,400 is 76.0% of the 20-week average (97,865,385). Participation has been moderate during the recent advance.
Assessment
The weekly chart confirms a strong uptrend. Price is above all rising moving averages, and RSI is firmly in positive territory. The stock has gained 77.26% over 60 weeks and 448.47% over 252 weeks, reflecting a powerful recovery from the 2021 lows. The slightly negative weekly MACD histogram is the main caution, indicating momentum is consolidating after a long advance. A weekly close above the 20-week high (22.07) would signal resumption of the uptrend, while a break below SMA20 (19.01) would be the first sign of intermediate-term weakness.
Key indicators
PBR Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 56.14 | 59.79 |
| MACD (12, 26, 9) | 0.38 / 0.28 / 0.10 | 0.61 / 0.86 / -0.25 |
| ATR (14) | 0.50 (2.67%) | 1.30 (6.68%) |
| Bollinger Bands (20, 2) | 16.91 - 19.59 | 15.84 - 22.18 |
| SMA (20) | 18.25 | 19.01 |
| SMA (50) | 17.81 | 15.45 |
| SMA (200) | 16.17 | 11.82 |
Price structure
PBR Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 18.72 | 19.40 |
| 1-Period Return | -1.78% | 3.36% |
| 5-Period Return | 3.60% | 19.09% |
| 20-Period Return | 12.36% | 5.89% |
| 60-Period Return | -7.39% | 77.26% |
| 252-Period Return | 52.58% | 448.47% |
| 52-Week Low | 11.28 | 11.28 |
| 52-Week High | 22.07 | 22.07 |
| 52-Week Position | 68.96% | 75.26% |
Key levels
PBR Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 19.46 | 22.07 |
| 20-Period Low | 16.81 | 15.86 |
| 60-Period High | 20.73 | 22.07 |
| 60-Period Low | 15.86 | 10.67 |
Scenarios
PBR Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above SMA20 (18.25) and closes above the 20-day high (19.46) with above-average volume, extending toward the 60-day high (20.73) and the 52-week high (22.07).
Invalidation
Price fails at 19.46 and breaks below SMA20 (18.25) and the 20-day low (16.81).
What to watch
Daily RSI sustaining above 55; weekly MACD histogram turning positive; volume expanding on up days; oil prices and Brazil fundamentals.
Range-Bound
Trigger
Price oscillates between SMA20 support (18.25) and the 20-day high (19.46) while the weekly MACD histogram stays negative, reflecting momentum consolidation.
Invalidation
A decisive break above 19.46 or below 18.25 with increasing volume.
What to watch
RSI moving between 45 and 65; MACD histogram fluctuating near zero; volume remaining near or below average; oil and BRL price action for catalysts.
Bearish
Trigger
Price breaks below SMA20 (18.25) and the 20-day low (16.81), opening a move toward SMA200 (16.17) and the 60-day low (15.86).
Invalidation
Price reclaims and holds above SMA20 (18.25), establishing a higher low above 17.00.
What to watch
Daily RSI falling below 45; MACD histogram turning negative; weekly MACD diverging further below the signal line; volume increasing on down days; oil price weakness or Brazil policy risk.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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