(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.
Showing technical analysis as on 2024-01-05 View latest technical analysis
10 day averaged volume of Gerdau S is 3403430
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 4.75 | 4.71 | 4.77 | 4.71 | 1.286 times |
04 Thu Jan 2024 | 4.72 | 4.74 | 4.76 | 4.70 | 1.017 times |
03 Wed Jan 2024 | 4.76 | 4.78 | 4.80 | 4.74 | 1.182 times |
02 Tue Jan 2024 | 4.80 | 4.85 | 4.90 | 4.78 | 1.445 times |
29 Fri Dec 2023 | 4.85 | 4.86 | 4.86 | 4.81 | 0.894 times |
29 Fri Dec 2023 | 4.85 | 4.86 | 4.86 | 4.81 | 0.894 times |
28 Thu Dec 2023 | 4.90 | 4.88 | 4.93 | 4.87 | 1.192 times |
27 Wed Dec 2023 | 4.88 | 4.89 | 4.92 | 4.88 | 0.902 times |
26 Tue Dec 2023 | 4.91 | 4.90 | 4.92 | 4.89 | 0.588 times |
22 Fri Dec 2023 | 4.87 | 4.87 | 4.90 | 4.84 | 0.858 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.7 or till 4.5. Use a stoploss of 4.76 and if the stock hits stoploss, then it can shoot up till 4.87
Share price targets for Gerdau S (GGB)
Target Type | Value |
Downside Target | 4.20 |
Downside Target | 4.36 |
Downside Target | 4.53 |
Downside Target | 4.65 |
Upside Target | 4.86 |
Upside Target | 4.90 |
Upside Target | 4.92 |
Upside Target | 4.93 |
Upside Target | 5.05 |
Upside Target | 5.36 |
Intraday share price targets for Gerdau S (GGB)
Target Type | Value |
Downside Intraday Target | 4.67 |
Downside Intraday Target | 4.58 |
Upside Intraday Target | 4.87 |
Upside Intraday Target | 4.98 |
Upside Intraday Target | 4.78 |
Weekly technical analysis of Gerdau S (GGB)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 4.75 | 4.85 | 4.90 | 4.70 | 5.514 times |
29 Fri Dec 2023 | 4.85 | 4.86 | 4.86 | 4.81 | 0.25 times |
29 Fri Dec 2023 | 4.85 | 4.90 | 4.93 | 4.81 | 0.447 times |
22 Fri Dec 2023 | 4.87 | 4.83 | 4.92 | 4.65 | 1.063 times |
15 Fri Dec 2023 | 4.73 | 4.54 | 4.82 | 4.53 | 0.756 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Gerdau S (GGB)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 4.75 | 4.85 | 4.90 | 4.70 | 0.153 times |
29 Fri Dec 2023 | 4.85 | 4.44 | 4.93 | 4.43 | 0.862 times |
30 Thu Nov 2023 | 4.46 | 4.39 | 5.05 | 4.36 | 1.091 times |
31 Tue Oct 2023 | 4.34 | 4.75 | 4.77 | 4.20 | 0.858 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short 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.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid 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.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer 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.
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 SELL signal for Gerdau S in short term but the sell signal is initial and weak.
Gerdau S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Gerdau S in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 4.82 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Gerdau S ( (GGB) ) based on a short 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.
Price action analysis of Gerdau S ( (GGB) ) based on a short to mid 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.
Price action analysis of Gerdau S ( (GGB) ) based on a mid to longer 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.
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 SELL signal for Gerdau S in short term but the sell signal is initial and weak.
Gerdau S Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Gerdau S in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 4.82 and Gerdau S (GGB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.