Petroleo Brasileiro Stock Forecast

Buy or Hold candidate since Jul 15, 2026 Gain 5.77%

The Petroleo Brasileiro stock price gained 1.89% on the last trading day (Wednesday, 22nd Jul 2026), rising from $18.54 to $18.89. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.92% from a day low at $18.76 to a day high of $19.12. The price has risen in 7 of the last 10 days and is up by 9.57% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 12 million shares were bought and sold for approximately $232.11 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -21.09% during the next 3 months and, with a 90% probability hold a price between $11.70 and $14.91 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

PBR Signals & Forecast

The Petroleo Brasileiro stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $18.12 and $17.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 01, 2026, and so far it has risen 18.14%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Petroleo Brasileiro stock

Petroleo Brasileiro finds support from accumulated volume at $18.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.360 between high and low, or 1.92%. For the last week, the stock has had daily average volatility of 2.33%.

The Petroleo Brasileiro stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $18.36 (-2.82%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 84 and this increases the risk substantially. There is a buy signal from a pivot bottom found 14 days ago.)

Trading Expectations (PBR) For The Upcoming Trading Day Of Thursday 23rd

For the upcoming trading day on Thursday, 23rd we expect Petroleo Brasileiro SA- Petrobras to open at $18.92, and during the day (based on 14 day Average True Range), to move between $18.66 and $19.12, which gives a possible trading interval of +/-$0.457 (+/-2.45%) up or down from last closing price. If Petroleo Brasileiro SA- Petrobras takes out the full calculated possible swing range there will be an estimated 2.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $18.19 (3.71%) than the resistance at $20.39 (7.94%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Petroleo Brasileiro SA- Petrobras stock A Buy?

Petroleo Brasileiro holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on July 23, 2026 - $18.92 ( 0.159%).

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