(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 2024-02-23 View latest technical analysis
10 day averaged volume of Gerdau S is 6735290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 4.28 | 4.32 | 4.34 | 4.26 | 0.712 times |
| 22 Thu Feb 2024 | 4.33 | 4.38 | 4.41 | 4.32 | 1.038 times |
| 21 Wed Feb 2024 | 4.38 | 4.38 | 4.45 | 4.33 | 2.232 times |
| 20 Tue Feb 2024 | 4.31 | 4.27 | 4.33 | 4.25 | 1.144 times |
| 16 Fri Feb 2024 | 4.24 | 4.20 | 4.29 | 4.20 | 1.631 times |
| 15 Thu Feb 2024 | 4.16 | 4.17 | 4.23 | 4.14 | 0.969 times |
| 14 Wed Feb 2024 | 4.15 | 4.16 | 4.23 | 4.13 | 1 times |
| 13 Tue Feb 2024 | 4.13 | 4.23 | 4.24 | 4.11 | 0.549 times |
| 12 Mon Feb 2024 | 4.28 | 4.24 | 4.31 | 4.24 | 0.251 times |
| 09 Fri Feb 2024 | 4.23 | 4.27 | 4.28 | 4.21 | 0.592 times |
Share price targets for Gerdau S (GGB)
| Target Type | Value |
| Downside Target | 4.11 |
| Upside Target | 4.41 |
| Upside Target | 4.43 |
| Upside Target | 4.45 |
| Upside Target | 4.47 |
| Upside Target | 4.77 |
| 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 | 4.2 |
| Downside Intraday Target | 4.13 |
| Upside Intraday Target | 4.4 |
| Upside Intraday Target | 4.53 |
| Upside Intraday Target | 4.33 |
Weekly technical analysis of Gerdau S (GGB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 4.28 | 4.27 | 4.45 | 4.25 | 1.165 times |
| 16 Fri Feb 2024 | 4.24 | 4.24 | 4.31 | 4.11 | 1.385 times |
| 09 Fri Feb 2024 | 4.23 | 4.29 | 4.41 | 4.21 | 0.747 times |
| 02 Fri Feb 2024 | 4.32 | 4.40 | 4.41 | 4.21 | 1.156 times |
| 26 Fri Jan 2024 | 4.44 | 4.22 | 4.47 | 4.16 | 1.018 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 |
| 23 Fri Feb 2024 | 4.28 | 4.26 | 4.45 | 4.11 | 0.774 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 4.27 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 4.27 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.