Petróleo Brasileiro S.A. - Petrobras technical analysis
Technical analysis of Petróleo Brasileiro S.A. - Petrobras (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Petróleo Brasileiro S.A. - Petrobras
Petróleo Brasileiro S.A. - Petrobras is a company operating in the energy sector, engaged in the exploration, production, and sale of crude oil and natural gas in Brazil and internationally. The company manages refining, transportation and logistics operations for petroleum products, as well as activities in renewable energy and low carbon gas segments. Petrobras also conducts research, development, and distribution of various energy resources.
Description generated automatically from public sources; it may be inaccurate or out of date.
Petróleo Brasileiro S.A. - Petrobras: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
42.80
+10.08%
50 sessions
40.82
+15.41%
200 sessions
38.21
+23.30%
Session levels
s2
46.33
Support
s1
46.94
Support
pivot
48.07
Pivot
r1
48.68
Resistance
r2
49.81
Resistance
How to read it
In the September 4, 2026 session Petróleo Brasileiro S.A. - Petrobras closed lower at 47.11 , −0.95% versus the previous session.
The price sits above every moving average observed: +10.08% against the 21-session average, +15.41% against the 50 and +23.30% against the 200.
The 14-period RSI reads 70.7, in overbought territory.
MACD stands at 1.742 against a signal line at 1.176: the histogram is positive (+0.566).
ADX reads 27.6, indicating a marked directionality.
Levels computed on the latest session place supports at 46.94 and 46.33 and resistances at 48.68 and 49.81 , around a pivot of 48.07.
The average daily range (ATR) is 1.252 , or 2.66% of price.
Turnover was 28.8M shares, 55% of the 20-session average.
Over the last twelve months the price ranged between 36.26 and 49.19 , and today stands −4.23% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Petróleo Brasileiro S.A. - Petrobras
How is Petróleo Brasileiro S.A. - Petrobras analysed technically?
Technical analysis of Petróleo Brasileiro S.A. - Petrobras is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Petróleo Brasileiro S.A. - Petrobras?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Petróleo Brasileiro S.A. - Petrobras?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Petróleo Brasileiro S.A. - Petrobras it helps frame the technical structure of the historical chart and is not a forecast.
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