(GGB) Gerdau S complete technical analysis [charts+indicators] | Buy/Sell Gerdau S | (GGB) share price targets
Complete technical analysis of Gerdau S (GGB) by charts plus indicators, forecast predictions and share price targets for Gerdau S (GGB)
Gerdau S trades in USA in Capital Goods sector.
10 day averaged volume of Gerdau S is 6354310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 3.28 | 3.30 | 3.32 | 3.25 | 0.746 times |
| 03 Wed Jul 2024 | 3.35 | 3.32 | 3.37 | 3.32 | 0.4 times |
| 03 Wed Jul 2024 | 3.35 | 3.32 | 3.37 | 3.32 | 0.4 times |
| 02 Tue Jul 2024 | 3.26 | 3.23 | 3.28 | 3.22 | 0.729 times |
| 01 Mon Jul 2024 | 3.23 | 3.30 | 3.31 | 3.23 | 0.519 times |
| 28 Fri Jun 2024 | 3.30 | 3.28 | 3.31 | 3.25 | 1.219 times |
| 27 Thu Jun 2024 | 3.30 | 3.30 | 3.32 | 3.24 | 1.071 times |
| 26 Wed Jun 2024 | 3.30 | 3.24 | 3.31 | 3.23 | 1.403 times |
| 25 Tue Jun 2024 | 3.26 | 3.28 | 3.30 | 3.22 | 1.676 times |
| 24 Mon Jun 2024 | 3.29 | 3.30 | 3.32 | 3.24 | 1.662 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3.3 as stoploss in an intra day sell trade for a target of 3.22. However, stock will show a bullish move above 3.3.
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 3.06 |
| Downside Target | 3.16 |
| Upside Target | 3.32 |
| Upside Target | 3.37 |
| Upside Target | 3.40 |
| Upside Target | 3.47 |
| Upside Target | 4.04 |
| Upside Target | 4.11 |
| Upside Target | 4.49 |
| Upside Target | 4.66 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 3.23 |
| Downside Intraday Target | 3.18 |
| Upside Intraday Target | 3.35 |
| Upside Intraday Target | 3.42 |
| Upside Intraday Target | 3.3 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 3.28 | 3.32 | 3.37 | 3.25 | 0.695 times |
| 03 Wed Jul 2024 | 3.35 | 3.30 | 3.37 | 3.22 | 0.234 times |
| 28 Fri Jun 2024 | 3.30 | 3.30 | 3.32 | 3.22 | 2.552 times |
| 21 Fri Jun 2024 | 3.24 | 3.13 | 3.25 | 3.08 | 2.047 times |
| 18 Tue Jun 2024 | 3.09 | 3.10 | 3.16 | 3.06 | 0.241 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Gerdau S (GGB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 3.28 | 3.30 | 3.37 | 3.22 | 0.128 times |
| 28 Fri Jun 2024 | 3.30 | 3.39 | 3.40 | 3.06 | 0.579 times |
| 31 Fri May 2024 | 3.46 | 3.50 | 4.04 | 3.40 | 1.166 times |
| 30 Tue Apr 2024 | 3.48 | 4.42 | 4.66 | 3.47 | 1.47 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Gerdau S (GGB)
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Gerdau S stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Gerdau S in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gerdau S Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Gerdau S in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Gerdau S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.29 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Gerdau S (GGB) stock. Volume based technical analysis of Gerdau S (GGB) stock is negative.
Gerdau S Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Gerdau S stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Gerdau S in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Gerdau S Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Gerdau S in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Gerdau S is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.29 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Gerdau S (GGB) stock. Volume based technical analysis of Gerdau S (GGB) stock is negative.
Gerdau S Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.