(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 2024-02-01 View latest technical analysis
10 day averaged volume of Gerdau S is 5703260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 4.26 | 4.26 | 4.30 | 4.24 | 1.015 times |
| 31 Wed Jan 2024 | 4.23 | 4.30 | 4.33 | 4.23 | 1.32 times |
| 30 Tue Jan 2024 | 4.28 | 4.27 | 4.31 | 4.21 | 0.764 times |
| 29 Mon Jan 2024 | 4.30 | 4.40 | 4.41 | 4.29 | 1.062 times |
| 26 Fri Jan 2024 | 4.44 | 4.44 | 4.47 | 4.41 | 0.735 times |
| 25 Thu Jan 2024 | 4.43 | 4.39 | 4.45 | 4.35 | 1.064 times |
| 24 Wed Jan 2024 | 4.41 | 4.44 | 4.45 | 4.38 | 0.902 times |
| 23 Tue Jan 2024 | 4.28 | 4.26 | 4.30 | 4.24 | 0.695 times |
| 22 Mon Jan 2024 | 4.19 | 4.22 | 4.27 | 4.16 | 0.947 times |
| 19 Fri Jan 2024 | 4.29 | 4.24 | 4.31 | 4.23 | 1.232 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.2 as stoploss in an intra day buy trade for a target of 4.37. However, stock will show a bearish move below 4.2.
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 4.15 |
| Upside Target | 4.41 |
| Upside Target | 4.43 |
| Upside Target | 4.47 |
| Upside Target | 4.77 |
| Upside Target | 4.86 |
| Upside Target | 4.90 |
| Upside Target | 4.93 |
| Upside Target | 5.05 |
Intraday share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Intraday Target | 4.18 |
| Downside Intraday Target | 4.09 |
| Upside Intraday Target | 4.38 |
| Upside Intraday Target | 4.49 |
| Upside Intraday Target | 4.29 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 4.26 | 4.40 | 4.41 | 4.21 | 0.958 times |
| 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 |
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 |
| 01 Thu Feb 2024 | 4.26 | 4.26 | 4.30 | 4.24 | 0.047 times |
| 31 Wed Jan 2024 | 4.23 | 4.85 | 4.90 | 4.15 | 1.13 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 |
Scroll below to view daily charts
Price has moved up 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 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.
Gerdau S Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 4.31 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 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 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.
Gerdau S Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 4.31 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.