(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 2024-01-26 View latest technical analysis
10 day averaged volume of Gerdau S is 5254540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 4.44 | 4.44 | 4.47 | 4.41 | 0.798 times |
| 25 Thu Jan 2024 | 4.43 | 4.39 | 4.45 | 4.35 | 1.155 times |
| 24 Wed Jan 2024 | 4.41 | 4.44 | 4.45 | 4.38 | 0.979 times |
| 23 Tue Jan 2024 | 4.28 | 4.26 | 4.30 | 4.24 | 0.754 times |
| 22 Mon Jan 2024 | 4.19 | 4.22 | 4.27 | 4.16 | 1.028 times |
| 19 Fri Jan 2024 | 4.29 | 4.24 | 4.31 | 4.23 | 1.337 times |
| 18 Thu Jan 2024 | 4.24 | 4.21 | 4.27 | 4.15 | 1.388 times |
| 17 Wed Jan 2024 | 4.19 | 4.19 | 4.22 | 4.16 | 0.904 times |
| 16 Tue Jan 2024 | 4.20 | 4.30 | 4.30 | 4.18 | 1.002 times |
| 12 Fri Jan 2024 | 4.41 | 4.44 | 4.47 | 4.39 | 0.726 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.2 or till 4. Use a stoploss of 4.47 and if the stock hits stoploss, then it can shoot up till 4.69
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 4.15 |
| Downside Target | 4.31 |
| Upside Target | 4.70 |
| Upside Target | 4.76 |
| Upside Target | 4.77 |
| Upside Target | 4.86 |
| Upside Target | 4.90 |
| 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 | 4.24 |
| Downside Intraday Target | 4.05 |
| Upside Intraday Target | 4.55 |
| Upside Intraday Target | 4.67 |
| Downside Intraday Target | 4.36 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 4.44 | 4.22 | 4.47 | 4.16 | 1.018 times |
| 19 Fri Jan 2024 | 4.29 | 4.30 | 4.31 | 4.15 | 6.377 times |
| 12 Fri Jan 2024 | 4.41 | 4.44 | 4.47 | 4.39 | 0.104 times |
| 12 Fri Jan 2024 | 4.41 | 4.78 | 4.86 | 4.35 | 2.184 times |
| 05 Fri Jan 2024 | 4.75 | 4.85 | 4.90 | 4.70 | 5.514 times |
Price has moved up 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 |
| 26 Fri Jan 2024 | 4.44 | 4.85 | 4.90 | 4.15 | 0.967 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 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 short 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gerdau S in short term and BUY 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
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 4.3 and Gerdau S (GGB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 short 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Gerdau S in short term and BUY 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
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 4.3 and Gerdau S (GGB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.