Petroleo Brasileiro SA (PETR3) stocks — Weekly technical analysis | 12-16 Oct 2026
PETR3
Petroleo Brasileiro SA
📅 Earnings · Nov 10, 2026 · in 24d
Weekly technical analysis of Petroleo Brasileiro SA (PETR3) stocks: IQS 70/100. Structure, momentum and trading levels for swing trading updated 16 Oct 2026.
SCORE IQS Lite
70/100
Weekly Structure 10
Daily Momentum 25
Weekly Ichimoku 19
Daily CMF 6
Delta 10
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · Petroleo Brasileiro SA (PETR3 · ISIN BRPETRACNOR9)
Weekly Structure
At 10/30 structure is developing: moving averages only partly aligned, trend unconfirmed.
Daily Momentum
At 25/35 momentum is positive: impulse building, daily trend accelerating.
Weekly Ichimoku
At 19/19 Ichimoku is fully bullish: above the cloud with Tenkan and Kijun aligned.
Daily CMF
At 6/6 CMF shows inflows: capital entering and buying pressure.
Delta
At 10/10 the week is sharply up: weekly performance above +2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
Daily and weekly MACD in Strong bullish; weekly EMA50 Free and cycle shows structural strength. IQS 77 with red semaphore signals a mature phase with exhaustion potential. The confirmed breakout above neutral zone is interesting but requires caution on extended cycle.
This week's view by AiTrading67.com
PETR3 consolidates in a technical squeeze with contrasting signals across timeframes. Daily momentum delivers strength through MACD A and inflows, but weekly fade and overbought RSI signal fatigue. The stretched cycle phase (IQS 70) necessitates caution. Entry awaits confirmed breakout above consolidation levels.
Chart Petroleo Brasileiro SA (PETR3) · 12-month trend
Source: TradingView
Over the past week the stock gained 5.4%; over twelve months it is up 109.4%.
Weekly Structure
Weekly RSI
Overbought
Weekly MACD · Status
B — Bullish but slowing
Positive histogram contracting
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bullish stack
5/5 MAs bullish-aligned
Above CloudT+K+
Daily Momentum
Daily ADX / DMI
Strong trend
+DI dominates −DI
Daily RSI
Overbought
Capital Flow (CMF)
Inflow
Daily MACD · Status
A — Improvement
Daily Stochastic
Overbought
Weekly EMA Cross
Mature Golden Cross
In summary
Daily momentum displays strong bullish conviction: MACD holds in Strong bullish phase, ADX is robust with +DI firmly above -DI, and CMF records healthy inflows. The Golden Cross alignment is mature and the stochastic sits in overbought territory, mirroring the RSI. This concentration of bullish signals supports upside extension, though the overbought readings hint at near-term fatigue.
Weekly market overview
Brazilian stocks (B3) Market Pulse →Platinum edition
See the Platinum analysis of PETR3 →
The weekly structure shows a mature bull picture: all five moving averages align upward, Ichimoku sits above the cloud, and EMA50 remains free of pressure. However, RSI has entered overbought territory and MACD signals are fading, suggesting the uptrend may be extending beyond comfortable zones. This backdrop warrants confirmation before committing to further longs.