(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 2024-01-09 View latest technical analysis
10 day averaged volume of Gerdau S is 3867920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 4.52 | 4.73 | 4.75 | 4.52 | 2.558 times |
| 08 Mon Jan 2024 | 4.82 | 4.78 | 4.86 | 4.74 | 1.727 times |
| 05 Fri Jan 2024 | 4.75 | 4.71 | 4.77 | 4.71 | 1.132 times |
| 04 Thu Jan 2024 | 4.72 | 4.74 | 4.76 | 4.70 | 0.895 times |
| 03 Wed Jan 2024 | 4.76 | 4.78 | 4.80 | 4.74 | 1.04 times |
| 02 Tue Jan 2024 | 4.80 | 4.85 | 4.90 | 4.78 | 1.272 times |
| 29 Fri Dec 2023 | 4.85 | 4.86 | 4.86 | 4.81 | 0.787 times |
| 29 Fri Dec 2023 | 4.85 | 4.86 | 4.86 | 4.81 | 0.787 times |
| 28 Thu Dec 2023 | 4.90 | 4.88 | 4.93 | 4.87 | 1.049 times |
| 27 Wed Dec 2023 | 4.88 | 4.89 | 4.92 | 4.88 | 0.794 times |
Stock of Gerdau S (GGB) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.5, for a target of 4.7 or 4.77
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 4.20 |
| Downside Target | 4.36 |
| Downside Target | 4.52 |
| Upside 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 | 4.41 |
| Downside Intraday Target | 4.29 |
| Upside Intraday Target | 4.75 |
| Upside Intraday Target | 4.97 |
| Upside Intraday Target | 4.63 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 4.52 | 4.78 | 4.86 | 4.52 | 0.988 times |
| 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 |
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 |
| 09 Tue Jan 2024 | 4.52 | 4.85 | 4.90 | 4.52 | 0.303 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 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 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 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 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 gaining 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 red color and prices are below 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 positive zone. This is a BUY zone
Stock of Gerdau S is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.75 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 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 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 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 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 gaining 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 red color and prices are below 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 positive zone. This is a BUY zone
Stock of Gerdau S is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.75 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.